Series A Dividend Rate definition

Series A Dividend Rate has the meaning set forth in Section 6.02(d)(i) hereof.

Series A Dividend Rate means 7.00%.

Series A Dividend Rate means a rate equal to 8.25% per annum of the Series A Liquidation Preference per Series A Preferred Share.

Examples of Series A Dividend Rate in a sentence

• Such dividends shall cumulate quarterly at the Series A Dividend Rate if not declared and paid on a Series A Quarterly Dividend Payment Date.

• The holders of the Series A Preferred Stock shall be entitled to receive dividends, prior to the payment of any dividends on the Common Stock, at the rate of $0.10 per annum per share of Series A Preferred Stock then held by them (the "Series A Dividend Rate") out of any funds legally available therefor when, if and as declared by the Board of Directors.

• The holders of the Series A Preferred Stock shall be entitled to receive, when, as and if dividends are declared by the Board, out of funds legally available therefor, cumulative preferential dividends from the date of issuance accruing at the rate per share per annum equal to the then-applicable Series A Dividend Rate on the Series A Issue Price of each share of Series A Preferred Stock (each a “Series A Share” and, collectively, the “Series A Shares”).

• Except as otherwise provided herein, dividends on each Series A Preferred Share shall accrue on a daily basis at the rate of 12% per annum (the "Series A Dividend Rate") on the Liquidation Value thereof, from and including the date of issuance of such Series A Preferred Share to and including the date on which the Liquidation Value of such Series A Preferred Share (plus all accrued, accumulated and unpaid dividends thereon) is paid in full.

• In any calendar year, the holders of outstanding shares of Series A Preferred Stock shall be entitled to receive dividends, when, as and if declared by the Board of Directors, out of any assets at the time legally available therefor, at the Series A Dividend Rate specified for such shares of Series A Preferred Stock payable in preference and priority to any declaration or payment of any Distribution on the Series B Preferred Stock and Common Stock in such calendar year.

More Definitions of Series A Dividend Rate

Series A Dividend Rate means 6.75%.

Series A Dividend Rate means 6.375%.

Series A Dividend Rate has the meaning set forth in Section 5.01(c)(i) hereof.

Series A Dividend Rate has the meaning set forth in Section 2(a) hereof.

Series A Dividend Rate means, for each outstanding share of Series A Preferred Stock, eight percent (8.0%) per annum on the Series A Preference Price for the first six Series A Quarterly Dividend Payment Dates following the Series A Original Issue Date, which such Series A Dividend Rate shall increase by two percent (2.0%) per annum on the Series A Preference Price from and after each successive Series A Quarterly Dividend Payment Date following such first six Series A Quarterly Dividend Payment Dates, up to a maximum of eighteen percent (18.0%) per annum on the Series A Preference Price; provided, however, that if there is a Series A Dividend Rate Modifier, the Series A Dividend Rate shall automatically be increased to the maximum of eighteen percent (18.0%).

Series A Dividend Rate means an annual rate of $0.024614 per share for the Series A Preferred Stock (subject to adjustment from time to time for Recapitalizations and as otherwise set forth elsewhere herein).

Series A Dividend Rate means two U.S. dollars (USD $2.00) per share per annum, which equals eight percent (8%) of the Original Issue Price per share per annum.