Special Dividend Rate definition
Special Dividend Rate means (i) prior to October 9, 2009, 0% per annum, (ii) from and after October 9, 2008 to but not including April 9, 2009, 15% per annum , (iii) from and after April 9, 2009 to but not including October 9, 2009, 16% per annum and (iv) from and after October 9, 2009, 17% per annum.
Special Dividend Rate means (i) from and after June 15, 2008 to but not including December 15, 2008, 14%, (ii) from and after December 15, 2008 to but not including June 15, 2009, 15.5% and (iii) from and after June 15, 2009, 17%.
Special Dividend Rate means (i) prior to September 15, 2010, 0% per annum, (ii) from and after September 15, 2010 to but not including March 15, 2011, 13% per annum, (iii) from and after March 15, 2011 to but not including September 15, 2011, 14% per annum, (iv) from and after September 15, 2011 to but not including March 15, 2012, 15% per annum and (v) from and after March 15, 2012, 16% per annum.
Examples of Special Dividend Rate in a sentence
Dividends payable pursuant to this Section 4(c) will accrue, whether or not declared, and will, for each outstanding share of Senior Preferred Stock, accrete at an annual rate on the Liquidation Preference equal to the Special Dividend Rate (such dividend, the “Special Dividend”).
More Definitions of Special Dividend Rate
Special Dividend Rate means (i) from and after September 30, 2008 to but not including March 31, 2009, 14%, (ii) from and after March 31, 2009 to but not including September 30, 2009, 15.5% and (iii) from and after September 30, 2009, 20%.
Special Dividend Rate means the following respective rates during each of the following respective periods:
Special Dividend Rate means, from and after September 30, 2008, 20%.
Special Dividend Rate means (i) 5% per annum for the Section 4(c) Dividend Period beginning on or subsequent to August 30, 2013 (the “Rate Date”) and ending on the 365th day following the Rate Date, or (ii) for any Section 4(c) Dividend Period in each 365-day period starting on one year anniversary of the Rate Date, an additional 1% per annum.
Special Dividend Rate means (i) from and after September 30, 2008 to but not including December 31, 2008, 14%, (ii) from and after December 31, 2008 to but not including June 30, 2009, 15.5% and (iii) from and after June 30, 2009, 17%.
Special Dividend Rate means a rate of 14.0% per annum accruing from the Effective Date until the Stockholder Approval Date provided, that such percent shall be increased by 2.0% per annum on the expiration of each six-month period after the Stockholders Approval Deadline if the Stockholder Approval shall not have been obtained prior to the expiration of such applicable period; provided, however, the Special Dividend Rate shall not exceed 18.0% per annum pursuant to the foregoing.
Special Dividend Rate means (i) from and after September 15, 2008 to but not including March 15, 2009, 17%, (ii) from and after March 15, 2009 to but not including September 15, 2009, 17.5%, (iii) from and after September 15, 2009 to but including March 15, 2010, 18%, (iv) from and after March 15, 2010 to but not including September 15, 2010, 18.5%, (iv) from and after September 15, 2010 to but not including March 15, 2011, 19%, (v) from and after March 15, 2011 to but not including September 15, 2011, 19.5%, (vi) from and after September 15, 2011, 20%.