Common use of Dividend Preference Clause in Contracts

Dividend Preference. Holders of the Preferred Shares shall be entitled to receive dividends at the rate of one hundred percent (100%) of the Par Value during the Preferred Dividend Term as defined in Section 4.6 (d) below.

Dividend Preference. Holders of the Preferred Shares shall be entitled to receive dividends at the rate of one hundred percent One Hundred per cent (100%) of the Par Value during until such time that the Preferred Dividend Term as defined in Section 4.6 (dShares are converted to Common Shares per Article 7.2(d) below.