Subsequent Dividend Period definition

Subsequent Dividend Period has the meaning set forth in Section 11.2(c)(i) of these Bylaws.

Subsequent Dividend Period shall have the meaning set forth in subparagraph (3) of paragraph (B) below.

Subsequent Dividend Period with respect to the APS, shall mean the period from and including the first day following the Initial Dividend Period thereof to but excluding the next Dividend Payment Date which follows a scheduled Auction and any period thereafter from and including one Dividend Payment Date which follows a scheduled Auction to but excluding the next succeeding Dividend Payment Date which follows a scheduled Auction; provided, however, that if any Subsequent Dividend Period is also a Special Dividend Period, such term shall mean the period commencing on the first day of such Special Dividend Period and ending on the last day of the last Dividend Period thereof.

Examples of Subsequent Dividend Period in a sentence

• The Auction Agent accepts such appointment and agrees to follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for the APS for each Subsequent Dividend Period thereof for which the Applicable Rate is to be determined by an Auction.

• Each Share of SABRES or Converted MMP shall be deemed to have been tendered to the Tender Agent for sale by Remarketing on the Business Day immediately preceding the first day of each Subsequent Dividend Period applicable thereto, unless the holder thereof shall have given irrevocable notice otherwise to the Remarketing Agent for such Share of SABRES or Converted MMP or, if so instructed by such Remarketing Agent, to the Tender Agent.

• The Auction Agent accepts such appointment and agrees to follow the procedures set forth in this Section 2 and the Auction Procedures for the purpose of determining the Applicable Rate for each series of APS for each Subsequent Dividend Period thereof for which the Applicable Rate is to be determined by an Auction.

• Subject to paragraphs F and G of Section 5 hereof, the duration of each Subsequent Dividend Period, and the Dividend Rate for each Subsequent Dividend Period, will be established by the Remarketing Agent for each Share of SABRES and will be conclusive and binding on the Corporation and the holder of such Share of SABRES.

• The Dividend Rate for the initial Dividend Period will be 7.68% per annum and for each Subsequent Dividend Period will be the rate determined in accordance with subparagraph (3) below.

More Definitions of Subsequent Dividend Period

Subsequent Dividend Period means (i) prior to a Fixed-Rate Distribution Event, the period commencing on and including the Dividend Payment Date for the preceding Dividend Period and ending on and including the date which is 28 days thereafter, and (ii) following a Fixed-Rate Distribution Event, the period commencing on and including the Dividend Payment Date for the preceding Dividend Period and ending on and including the date which is 90 days thereafter (in each case, such ending date the "Reference Date"); provided that if the Reference Date is not a Business Day, the Subsequent Dividend Period will continue to but not include the next Business Day, in which case the next Subsequent Dividend Period will end on and include the next Reference Date following the date on which the preceding Dividend Period would have ended if such normally scheduled date had been a Business Day.

Subsequent Dividend Period means each Dividend Period after the Initial Dividend Period commencing on a Dividend Payment Date and ending on the calendar day prior to the next Dividend Payment Date.

Subsequent Dividend Period means the applicable period from and including December 31 of any year to and excluding the next December 31, or, in each such case as to particular shares of CMIC Preferred Stock, such shorter period during which such shares of CMIC Preferred Stock are outstanding (including the first day but excluding the last day of such shorter period), but shall not include the Initial Dividend Period.

Subsequent Dividend Period means the period commencing on July 1, 2005 and terminating on the earlier of (i) the redemption of such shares of Redeemable Preferred Stock or (ii) the exchange of such shares of Redeemable Preferred Stock for Exchange Debentures.

Subsequent Dividend Period means, for each series of Preferred Stock (i) prior to a Fixed Rate Distribution, the period commencing on and including the Dividend Payment Date for a series of Preferred Stock for the preceding Dividend Period and ending on and including 49 days thereafter, or (ii) following a Fixed Rate Distribution, the period commencing on and including the Dividend Payment Date for such series of Preferred Stock for the preceding Dividend Period for such series of Preferred Stock and ending on and including 90 days thereafter (in each case, such ending date the “Reference Date”); provided that, if the Reference Date is not a Business Day, the Subsequent Dividend Period for such series of Preferred Stock will continue to but not include the next Business Day, in which case the next Subsequent Dividend Period for such series of Preferred Stock will end on and include the next Reference Date following the date on which the preceding Dividend Period for such series of Preferred Stock would have ended if such normally scheduled date had been a Business Day.

Subsequent Dividend Period means, with respect to any series of APS, any period from and including the first day following the Initial Dividend Period for such series to but excluding the next Dividend Payment Date for such series which follows a scheduled Auction and any period thereafter from and including one Dividend Payment Date which follows a scheduled Auction for such series to but excluding the next succeeding Dividend Payment Date which follows a scheduled Auction for such series; PROVIDED, HOWEVER, that if any Subsequent Dividend Period is also a Special Dividend Period, such term shall mean the period commencing on the first day of such Special Dividend Period and ending on the last day of the last Dividend Period thereof.

Subsequent Dividend Period with respect to the APS, shall mean the period from and including the first day following the Initial Dividend Period thereof to but excluding the next Dividend Payment Date which follows a scheduled Auction and any period thereafter from and including one Dividend Payment Date which follows a scheduled Auction to but excluding the next succeeding Dividend Payment Date which follows a scheduled Auction; provided, however, that if any Dividend Period is also a Special Dividend Period, such term shall mean the period commencing on the first day of such Special Dividend Period and ending on the last day of the last Dividend Period thereof.