Series B Dividend Period definition

Series B Dividend Period means the period from and including a Series B Dividend Payment Date to, but excluding, the next Series B Dividend Payment Date, except that the initial Series B Dividend Period will commence on and include the original issue date of Series B Preferred Stock.
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Series B Dividend Period means the respective periods commencing on and including January 1, April 1, July 1 and October 1 of each year and ending on and including the day preceding the first day of the next succeeding Series B Dividend Period (other than the initial Series B Dividend Period, which shall commence on the Original Issue Date and end on and include December 31, 2019, and other than the Series B Dividend Period during which any shares of Series B Preferred Stock shall be redeemed pursuant to Section 5 or Section 6 (and that is not a Series B Dividend Period of the type contemplated by Section 7(b)), which, solely with respect to the shares of Series B Preferred Stock being redeemed, shall end on and include the day immediately preceding the redemption date with respect to such shares of Series B Preferred Stock being redeemed).
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Series B Dividend Period means the period from and including, the Series B Initial Issue Date of such series to, but not including, the first Dividend Payment Date and thereafter, each calendar quarter period, including any Series B Dividend Payment Date to, but not including, the next Series B Dividend Payment Date.
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Examples of Series B Dividend Period in a sentence

  • After payment of the full amount of the liquidation preference, plus any accumulated and unpaid dividends for the then current Series B Dividend Period, to which holders of Series B Preferred Stock are entitled, holders of Series B Preferred Stock will have no right or claim to any remaining assets of the Bank.

  • Dividends shall accumulate from the first day of any Series B Dividend Period to but excluding the immediately succeeding Series B Dividend Payment Date.

  • Any Series B Fixed Dividend payable on the Series B Preferred Shares for any whole or partial Series B Dividend Period shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Dividends payable on the Series B Preferred Stock for the Floating Rate Period will be computed based on the actual number of days in a Series B Dividend Period and a 360-day year.

  • Unless full cash dividends on the Series B Preferred Stock for a Series B Dividend Period have been or contemporaneously are declared and paid (or declared and a sum sufficient for the payment thereof set apart), no full dividends may be declared or paid or set apart for payment on the Preferred Stock of any series ranking, as to dividends, on a parity with the Series B Preferred Stock for any period.

  • Absent manifest error, the calculation agent’s determination of the dividend rate for a Series B Dividend Period for the Series B Preferred Stock will be binding and conclusive on holders of Series B Preferred Stock, the transfer agent and the Corporation.

  • Accordingly, if a dividend on the shares of Series B Preferred Stock with respect to any Series B Dividend Period is not declared by the Board of Directors, then the Company shall not be obligated at any time to pay a dividend on the shares of Series B Preferred Stock in respect of such Series B Dividend Period, whether or not dividends are declared and paid in respect of any subsequent Series B Dividend Period.

  • Thereafter, quarterly dividend periods (each a “Series B Dividend Period,” which term also includes the Series B Initial Dividend Period) shall commence on and include December 1, March 1, June 1 and September 1 of each year and shall end on and include the day immediately preceding the commencement of the next following Series B Dividend Period.

  • The amount of dividends per share for each full Series B Dividend Period shall be computed by dividing by four an amount equal to (i) the amount of the liquidation preference of such share, (ii) multiplied by the Series B Dividend Rate.

  • Dividends shall accumulate in each Series B Dividend Period from and including the preceding Series B Dividend Payment Date (other than the initial Series B Dividend Period, which shall commence on and include the Series B Original Issue Date), to but excluding the next Series B Dividend Payment Date for such Series B Dividend Period.


More Definitions of Series B Dividend Period

Series B Dividend Period is the period from a Series B Dividend Payment Date to, but excluding, the next succeeding Series B Dividend Payment Date, except that the initial Series B Dividend Period shall commence on the original issuance of shares of Series B Preferred Stock.
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Series B Dividend Period means, with respect to the first dividend period of any Series B Preferred Share, the period from and including the Original Issue Date thereof to and including the first Series B Dividend Payment Date, and with respect to each subsequent Series B Dividend Period, the period from but excluding a Series B Dividend Payment Date to and including the next succeeding Series B Dividend Payment Date or any other date as of which accrued dividends are to be calculated hereunder.
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Series B Dividend Period means a period of time from and including the preceding Series B Dividend Payment Date (other than the initial Series B Dividend Period, which shall commence on and include the Series B Original Issue Date), to but excluding the next Series B Dividend Payment Date for such Series B Dividend Period.
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Series B Dividend Period means the period from, and including, the immediately preceding Dividend Payment Date to, but excluding, the applicable Dividend Payment Date, except for the initial Series B Dividend Period, which will be the period from, and including, the original issue date of the Series B Preferred Stock, but excluding, November 15, 2019.
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Series B Dividend Period means the period from and including a Series B Dividend Payment Date (as defined below) to, but excluding, the next succeeding Series B Dividend Payment Date or any earlier redemption date, except that the initial Series B Dividend Period will commence on and include the original issue date of Series B Preferred Stock and will end on and exclude the March 30, 2019 Series B Dividend Payment Date.
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Series B Dividend Period means the respective periods commencing on and including March 1, June 1, September 1 and December 1 of each year and ending on and including the day preceding the first day of the next succeeding Series B Dividend Period (other than the initial Series B Dividend Period, which shall commence on the Original Issue Date and end on and include February 29, 2016, and other than the Series B Dividend Period during which any shares of Series B Preferred Stock shall be redeemed pursuant to Section 5 or Section 6 (and
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Related to Series B Dividend Period

  • Dividend Period means the Initial Dividend Period, any 7-Day Dividend Period and any Special Dividend Period.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.