Series A Dividends definition

Series A Dividends means dividends with respect to the Series A Preferred Shares pursuant to Section 4 of this Certificate of Designation.

Series A Dividends means the cumulative dividends on each share of Series A Preferred Stock equal to the product of the Series A Base Value (as adjusted for stock dividends, stock splits, combinations, recapitalizations or the like) times a rate per annum of 8%.

Series A Dividends has the meaning set forth in the Certificate.

Examples of Series A Dividends in a sentence

• If the liquidation preference (including any Unpaid Series A Dividends) has been paid in full to all holders of Series A Preferred Stock and all holders of any Parity Stock, the holders of Junior Stock shall be entitled to receive all remaining assets of the Corporation according to their respective rights and preferences.

• If the assets of the Corporation are not sufficient to pay in full the liquidation preference (including any Unpaid Series A Dividends) to all holders of Series A Preferred Stock and all holders of any Parity Stock, the amounts paid to the holders of Series A Preferred Stock and to the holders of Parity Stock shall be pro rata in accordance with the respective aggregate liquidation preferences (including any Unpaid Series A Dividends) of Series A Preferred Stock and Parity Stock.

• For purposes of calculating the pro rata allocation of such liquidation preferences, the Corporation will allocate such liquidation preferences (including any Unpaid Series A Dividends) based on the ratio between the total liquidation preferences (including any Unpaid Series A Dividends) then due on the outstanding shares of Series A Preferred Stock and the total liquidation preferences (including any accrued and unpaid dividends) then due on the outstanding shares of Parity Stock.

• Alternatively, the Corporation may, subject to the legal availability of funds and assets therefor, elect to pay in cash to the holder of such shares the full amount of any accrued but unpaid Cumulative Series A Dividends with respect to such shares of Series A Preferred Stock being converted.

• The payment rights of the holders of Series A Preferred Stock and the holders of the Series B Preferred Stock with respect to the Cumulative Series A Dividends and the Cumulative Series B Dividends shall be pari passu.

• Except as set forth in Section 2(b), the Cumulative Series A Dividends shall accrue on each share of Series A Preferred Stock from the date on which such share is issued by the Corporation, and shall accrue from day to day until paid, whether or not declared.

• The Cumulative Series A Dividends and the Cumulative Series B Dividends shall be payable in preference to and priority over any payment of dividends (other than dividends on shares of Common Stock described in Section6(d)(ii)) on any shares of Common Stock.

• The Cumulative Series A Dividends, if paid, or if declared and set apart for payment, must be paid on, or declared and set apart for payment on, all of the then outstanding shares of Series A Preferred Stock.

• The Corporation shall not declare, pay or set aside any dividends on shares of any class or series of capital stock of the Corporation (other than the Cumulative Series A Dividends, the Cumulative Series B Dividends and the dividends on shares of Common Stock described in Section 6(d)(ii)) unless (i) the aggregate accrued Cumulative Series A Dividends and the aggregate accrued Cumulative Series B Dividends shall have been paid or declared and set apart or (ii) the Corporation has complied with Section 7.

• Nicotine dependence in a prospective population-based study of adolescents: the protective role of a functional tyrosine hydroxylase polymorphism.

More Definitions of Series A Dividends

Series A Dividends means dividends with respect to the Series A Preferred Shares pursuant to Section 3 of this Statement of Designations.

Series A Dividends means non-cumulative cash dividends on each then outstanding shares of Series A Preferred Stock more particularly described in Section 4(a)(i).x.

Series A Dividends means dividends with respect to the Series A Preferred Shares pursuant to Section 4 of this Certificate of Designation. “Series A Dividend Payment Date” means the 20th day of each calendar month, starting on July 20, 2021.

Series A Dividends shall have the meaning given to such term in the Charter; and

Series A Dividends shall have the meaning set forth in Section 2(a) hereof. “Series A Initial Amount” of any share of Series A Preferred Stock shall be $2.50, such price to be equitably adjusted in the event of any stock dividend, stock split, combination, recapitalization or other similar event with respect to the Series A Preferred Stock.