Examples of Series B MRP Shares in a sentence
The Fund’s MRP Shareholders are entitled to receive monthly cash dividends, at a currently effective dividend rate per annum for each series of MRP Shares as follows (subject to adjustment as described above in “Mandatory Redeemable Preferred Shares”): 3.70% for Series A MRP Shares, 4.00% for Series B MRP Shares and 4.24% for Series C MRP Shares.
The District Court erroneously accepted Experian’s “accuracy only” argument and improperly dismissed the claim regarding its reinvestigation duties.
The Series A MRP Shares and the Series B MRP Shares shall have been given a rating of not less than AA by Fitch on or prior to the date of issuance thereof.
As of August 24, 2021, the Fund had 156,586,617 common shares outstanding and MRP Shares outstanding in the following amounts: 3,220,000 Series A MRP Shares, 3,220,000 Series B MRP Shares, and 3,240,000 Series C MRP Shares, and 2,480,000 Series D MRP Xxxxxx.
Dividends on Outstanding Series B MRP Shares shall accumulate from the Original Issue Date.
In determining whether a distribution (other than upon voluntary or involuntary liquidation), by dividend, redemption or otherwise, is permitted under the MGCL, amounts that would be needed, if the Company were to be dissolved at the time of distribution, to satisfy the liquidation preference of the Series B MRP Shares will not be added to the Company’s total liabilities.
Each such new certificate representing Series A MRP Shares, Series B MRP Shares and Series C MRP Shares shall be payable to such Person as such holder may request and shall be substantially in the form of Exhibit 2(a), Exhibit 2(b) or Exhibit 2(c), respectively.
The Fund's MRP Shareholders are entitled to receive monthly cash dividends, at a currently effective dividend rate per annum for each series of MRP Shares as follows (subject to adjustment as described above in "Mandatory Redeemable Preferred Shares"): 3.70% for Series A MRP Shares, 4.00% for Series B MRP Shares, 4.24% for Series C MRP Shares, 2.45% for Series D MRP Shares, 2.68% for Series E MRP Shares.
All notices and communications provided for hereunder shall be in accordance with Section 18 of the Securities Purchase Agreement, except as otherwise provided in these terms of the Series B MRP Shares or by the MGCL for notices of stockholders’ meetings.
The initial Dividend Period for the Series B MRP Shares shall be the period from and including the Original Issue Date to and including March 31, 2014.