Examples of Annual Dividend Period in a sentence
The amount of dividends payable on the Series 1 Preferred Stock for any period less than a full Annual Dividend Period (including, in some cases, the Initial Dividend Period) and the Non-Cumulative Amount shall be computed on the basis of twelve 30 day months and a 360-day year.
Dividends payable pursuant to clause (i) of Paragraph (a) of this Section 3 shall begin to accrue and be cumulative from and including the Effective Date, whether or not in any Annual Dividend Period or Annual Dividend Periods there shall be funds of the Corporation legally available for the payment of dividends.
If , on any Dividend Payment Date, the holders of the Series B Preferred Stock shall not have received the full dividends provided for in this Section 2(a) in cash, then such dividends shall cumulate, whether or not declared, with an additional dividend payable thereon at the Dividend Rate for each succeeding Annual Dividend Period or portion thereof during which such dividends shall remain unpaid.
Dividends shall be cumulative (but not compounded) and accrue semi-annually from the date of original issue of the Series A 9% Convertible Preferred Stock and shall be payable, if, when, and as declared by the Board of Directors of the Corporation, on October 31 in respect of the Semi Annual Dividend Period beginning the preceding April 1), and on April 30, (in respect of the Semi Annual Dividend Period beginning the preceding October 1) of each year.
Each of such annual dividends shall be fully cumulative and shall accrue (whether or not earned or declared), without interest, from the first day of the Annual Dividend Period, except that with respect to the Annual Dividend Period ending on June 1, 1992, such dividend shall accrue from the Series C Initial Issuance Date.
The amount of dividends payable for any period shorter or longer than a full Annual Dividend Period, including the first Annual Dividend Period, shall be determined on the basis of twelve 30-day months and a 360-day year.
Each of such annual dividends shall be fully cumulative and shall accrue (whether or not declared), without interest, from the first day of the Annual Dividend Period to and including the end of the Annual Dividend Period, except that with respect to the dividends for the Initial Period, such dividends shall accrue from the date of issuance of the shares of Series A Preferred Stock to and including the end of the Initial Period.
Such dividends shall fully cumulative and shall accrue (whether or not declared and whether or not the Company has Legally Available Funds), without interest, from the first day of each Annual Dividend Period to and including the end of such Annual Dividend Period, except that with respect to the dividends for the Initial Period, such dividends shall accrue from the date of issuance on the shares of Preferred Stock to and including the end of the Initial Period.
Each of such annual dividends shall be fully cumulative and shall accrue (whether or not earned or declared), without interest, from the first day of the Annual Dividend Period, except that with respect to the Annual Dividend Period ending on December 22, 1993, such dividend shall accrue from the initial date of issuance of the Series A Preferred (the "Series A Initial Issuance Date").
Dividends thereafter shall be payable annually on January 1st each year (a "Dividend Payment Date") and shall end on and include the day immediately preceding such date ("Annual Dividend Period").