Common use of No Maturity Clause in Contracts

No Maturity. Perpetual (unless repurchased or redeemed by the Issuer on or after March 20, 2017 or pursuant to its special optional redemption right, or converted by a holder in connection with a Change of Control (defined below)) Pricing Date: July 10, 2012 Settlement Date: July 16, 2012 (T + 3) Liquidation Preference: $25.00 per share, plus accrued and unpaid dividends Dividend Rate: Holders of Series A Preferred Stock will be entitled to receive cumulative cash dividends on the Series A Preferred Stock at the rate of 8.50% per annum of the $25.00 per share liquidation preference, which is equivalent to $2.125 per annum per share.

Appears in 1 contract

Sources: Underwriting Agreement (Colony Financial, Inc.)

No Maturity. Perpetual (unless repurchased or redeemed by the Issuer on or after March 20, 2017 or pursuant to its special optional redemption right, or converted by a holder in connection with a Change of Control (defined below)) Pricing Date: July 10▇▇▇▇▇ ▇▇, 2012 Settlement ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Date: July 16March 20, 2012 (T + 35) Liquidation Preference: $25.00 per share, plus accrued and unpaid dividends Dividend Rate: Holders of Series A Preferred Stock will be entitled to receive cumulative cash dividends on the Series A Preferred Stock at the rate of 8.50% per annum of the $25.00 per share liquidation preference, which is equivalent to $2.125 per annum per share.

Appears in 1 contract

Sources: Underwriting Agreement (Colony Financial, Inc.)