Series A Preferred Dividend definition

Series A Preferred Dividend means the dividends to be issued by APC to AP-AMH on account of the Series A Preferred Stock pursuant to the Certificate of Determination.
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Series A Preferred Dividend means $0.922635.
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Series A Preferred Dividend means, with respect to any share of Series A Preferred Stock, whether or not there shall have been net profits or net assets of the Corporation legally available for the payment of dividends, (i) that amount which shall be equal to dividends on such share payable in accordance with Section 2(a) of Article IV for the period of time elapsed from the Issuance Date of such share of Series A Preferred Stock to the date in question, plus (ii) any other dividends or distributions required to be paid on such share of Series A Preferred Stock which in each case remain unpaid at such time.
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Examples of Series A Preferred Dividend in a sentence

  • The record date for each Series A Preferred Dividend payable on a particular Regular Dividend Date shall be the date that is fifteen (15) days prior to such Regular Dividend Date, unless otherwise mutually agreed by the Company and the holders of a majority of the Series A Preferred Stock outstanding as of the relevant time (such record date, the “Regular Dividend Record Date”).

  • In each calendar year, the holders of the then outstanding shares of Series A Preferred Stock shall be entitled to receive, when, as and if declared by the Board of Directors, out of any funds and assets of the Corporation legally available therefor, noncumulative dividends at the annual dividend rate of $.031 per share of Series A Preferred Stock (the "Series A Preferred Dividend").

  • To the extent not paid on the Series A Preferred Dividend Payment Date, all dividends which have accrued on each share of Series A Preferred Stock outstanding during the three month period (or other period in the case of the initial Series A Preferred Dividend Payment Date) ending upon each such Series A Preferred Dividend Payment Date shall be accumulated and shall remain accumulated dividends with respect to such share until paid to the holder thereof.

  • Such Series A Preferred Dividends shall, to the extent declared and to the extent that there are funds legally available therefor, be payable on July 1st and December 1st of each calendar year (each, a "Preferred Dividend Payment Date"), with the first such Series A Preferred Dividend payable on July 1, 2004.

  • The Corporation shall take all actions required or permitted under the Business Corporation Law of the State of New York (the “BCL”) (a) to permit the payment of the Series A Preferred Dividend (as defined in the Certificate of Amendment), including through the revaluation of its assets in accordance with the BCL, to make or keep funds legally available for the payment of dividends and (b) to declare and pay such dividends.

  • A holder of shares of Series A Preferred Stock on a Record Date shall be entitled to receive the Series A Preferred Dividend or Special Dividend, as the case may be, payable on such Series A Preferred Stock on the corresponding dividend payment date notwithstanding the subsequent conversion thereof or the Company's default in payment of such dividend due on the dividend payment date.

  • Each quarter, to the extent the Corporation has funds legally available, the Board of Directors of the Corporation shall declare and the Corporation shall pay the Series A Preferred Dividend to the holders of the Series A Preferred Stock.

  • No Series B Preferred Dividend or Series A Preferred Dividend or dividends on Ordinary Shares shall be declared, paid or set aside unless the full Liquidation Preference on all outstanding Series C Shares shall have been paid first.


More Definitions of Series A Preferred Dividend

Series A Preferred Dividend means the dividends to be issued by APC to AP-AMH on account of the Series A Preferred Stock pursuant to the Certificate of Determination. “Series A Preferred SPA” shall mean that certain Series A Preferred Stock Purchase Agreement dated as of May 10, 2019 and effective as of the Original Closing Date, by and between APC and AP-AMH. “Series A Preferred Stock” shall mean the 1,000,000 shares of Series A Preferred Capital Stock issued by APC and purchased by AP-AMH in connection with the Series A Preferred SPA. “Secured Parties” shall mean the Administrative Agent, the Lenders, the Issuing Banks, the Lender-Related Hedge Providers and the Bank Product Providers. “SOFR” with respect to any Business Day,shall mean a rate per annum equal to the secured overnight financing rate published for such day by as administered by the SOFR Administrator. “SOFR Administrator” shall mean the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website at approximately 8:00 a.m. (New York City time) on the immediately succeeding Business Day. of the secured overnight financing rate). “SOFR Borrowing” shall mean a Borrowing that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (iii) of the definition of “Base Rate”. “SOFR Loan” shall mean a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (iii) of the definition of “Base Rate”. “Solvent” shall mean, with respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including subordinated and contingent liabilities, of such Person; (b) the present fair saleable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts and liabilities, including subordinated and contingent liabilities as they become absolute and matured; (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature; and (d) such Person is not engaged in a business or transaction, and is not about to engage in a business or transaction, for which such Person’s property would constitute an unreasonably small capital. The amount of contingent liabilities (such as litigation, guaranties and pension plan lia...
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Related to Series A Preferred Dividend

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Preferred Dividends means, for any period and without duplication, all Restricted Payments paid during such period on Preferred Equity Interests issued by the Parent or a Subsidiary. Preferred Dividends shall not include dividends or distributions (a) paid or payable solely in Equity Interests (other than Mandatorily Redeemable Stock) payable to holders of such class of Equity Interests, (b) paid or payable to the Parent or a Subsidiary, or (c) constituting or resulting in the redemption of Preferred Equity Interests, other than scheduled redemptions not constituting balloon, bullet or similar redemptions in full.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.001 per share, of the Company.