Standard Dividend Period definition

Standard Dividend Period means a Dividend Period of seven days, subject to increase or decrease to the extent necessary for the next Auction Date and Dividend Payment Date to each be Business Days.

Standard Dividend Period means a Dividend Period of 28 days unless the day after such 28th day is not a Business Day, then the number of days ending on the calendar day next preceding the next Business Day (such Business Day, being the Dividend Payment Date).

Standard Dividend Period means a Dividend Period of seven days unless such 7th day is not a Business Day, then the number of days ending on the Business Day next preceding such 7th day.

Examples of Standard Dividend Period in a sentence

• No Auction will be held during an applicable Default Period; provided, however, that if a Default Period shall end prior to the end of a Standard Dividend Period that had commenced during such Default Period, an Auction will be held on the last day of such Standard Dividend Period.

• Each Dividend Period that commences during a Default Period will be a Standard Dividend Period.

• In the case of a Dividend Default, the Applicable Rate for each Dividend Period commencing during a Default Period will be equal to the Default Rate, and each subsequent Dividend Period commencing after the beginning of a Default Period shall be a Standard Dividend Period; provided, however, that the commencement of a Default Period will not by itself cause the commencement of a new Dividend Period.

• In the case of a Dividend Default, the Applicable Rate for each Dividend Period commencing during a Default Period will be equal to the Default Rate, and each subsequent Dividend Period commencing after the beginning of a Default Period will be a Standard Dividend Period; provided, however, that the commencement of a Default Period will not by itself cause the commencement of a new Dividend Period.

• If the Company does not give a Notice with respect to the next succeeding Dividend Period or gives a Notice of Revocation with respect thereto, such next succeeding Dividend Period will be a Standard Dividend Period.

More Definitions of Standard Dividend Period

Standard Dividend Period means a Dividend Period of seven days, unless such seventh day is not a Business Day, then the number of days ending on the Business Day next preceding such seventh day.

Standard Dividend Period means a Dividend Period of seven days in the case of Series M7 AMPS, T7 AMPS, W7 AMPS and F7 AMPS unless the day after such 7th day is not a Business Day, then the number of days ending on the calendar day next preceding the next Business Day (such Business Day, being the Dividend Payment Date for the applicable Series), or 28 days in the case of the Series TH 28 AMPS, unless the day after such 28th day is not a Business Day, then the number of days ending on the calendar day next preceding the next Business Day.

Standard Dividend Period means a Dividend Period of 28 days.

Standard Dividend Period means a Dividend Period of seven days, subject to increase or decrease to the extent necessary for the next Auction D ate and Dividend Payment Date to ea ch be Business D ays.

Standard Dividend Period means a Dividend Period of seven days in the case of Series T, Series TH and Series F AMPS unless such 7th day is not a Business Day, then the number of days ending on the Business Day next preceding such 7th day, or 28 days in the case of the Series W Preferred Shares, unless such day is not a Business Day, then the number of days ending on the Business Day next preceding such 28th day.

Standard Dividend Period means a Dividend Period of 28 days for the Series, unless such 28th day is not a Business Day, then the number of days ending on the Business Day next preceding such 28th day.

Standard Dividend Period means a Dividend Period of seven days for the Series C Preferred Shares.