Common use of Dividend Reference Dates Clause in Contracts

Dividend Reference Dates. All accrued dividends on outstanding Shares of Series B Preferred Stock shall be payable (whether or not declared) on March 31, June 30, September 30 and December 31 of each year (the "Dividend Reference Dates"), beginning on the first Dividend Reference Date (the "First Dividend Reference Date") following the first date of issuance of Series B Preferred Stock.

Dividend Reference Dates. All accrued dividends on outstanding Shares of Series B A Preferred Stock shall be payable (whether or not declared) on March 31, June 30, September 30 and December 31 of each year (the "Dividend Reference Dates"), beginning on the first Dividend Reference Date (the "First Dividend Reference Date") following the first date of issuance of Series B A Preferred Stock.