Accrued Dividends definition

Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the accrued and unpaid dividends on such share from and including the most recent Dividend Payment Date (or the Issue Date, if such date is prior to the first Dividend Payment Date) to but not including such date.

Accrued Dividends means, as of any date, with respect to any share of Series A Preferred Stock, all Dividends that have accrued on such share pursuant to Section 4(b), whether or not declared, but that have not, as of such date, been paid.

Accrued Dividends means, as of any date, with respect to any share of Series B Preferred Stock, all dividends that have accrued pursuant to Section 4(a)(ii) but that have not been paid as of such date.

Examples of Accrued Dividends in a sentence

• INVESTMENTS 20162015 Equity Instruments (at cost) Central 1 Credit Union - Class A$ 1,158,725$ 1,123,432 Shares in CUPP Services90,18190,181 Shares in BC Co-operative Association1,6121,612 Stabilization Central Shares219219 Central 1 Credit Union - Class E8888 Subtotal1,250,8251,215,532 Accrued Dividends - Central 1 Shares39,08643,451 $ 1,289,911 $ 1,258,983 The Credit Union is a member of a national financial services entity named Central 1.

• All such Accrued Dividends shall be deemed satisfied upon issuance and delivery of the Preferred Stock.

• Prior to the Closing (as defined below), the Company has duly authorized the delivery of the Preferred Stock to the Holders of the Shares in lieu of the Accrued Dividends.

• Subject to the terms and conditions set forth in this Agreement, each Holder hereby agrees to accept at the Closing such number of Shares as set forth on Exhibit A and agrees that on such acceptance, each Holder hereby waives its entitlement to any Accrued Dividends.

More Definitions of Accrued Dividends

Accrued Dividends means, with respect to any share of Series A Preferred Stock, as of any date, the accrued and unpaid dividends on such share from, and including, the Issue Date to, but not including, such date (including for the avoidance of doubt, any Partial Period Dividends).

Accrued Dividends means, with respect to shares of Series A, an amount computed at the annual dividend rate for Series A from, as to each share, the date of issuance of such share to and including the date to which such dividends are to be accrued (whether or not such dividends have been declared), less the aggregate amount of all dividends previously paid on such share.

Accrued Dividends means, as of any date, with respect to any Series A Preferred Share, all Dividends that have accrued through the most recent Dividend Payment Date on or prior to such date on such Series A Preferred Share pursuant to paragraph 4(b) of this Schedule 1, whether or not declared, but that have not, as of such date, been paid in cash;

Accrued Dividends means, as of any date, with respect to any share of Preferred Stock, all dividends that have accrued pursuant to Section 4(a)(ii) but that have not been paid as of such date.

Accrued Dividends means, with respect to any share of Preferred Stock, as of any date, the dividends that have accrued on such share pursuant to Section 2.1, less any dividends paid in cash pursuant to Section 2.1 or 2.2 or dividends added to the Liquidation Preference pursuant to Sections 2.2, 2.5 or 2.6, from the Issue Date up to, but not including, such date;

Accrued Dividends to a particular date (the "Applicable Date") means all dividends accrued but not paid on the Series C Preferred Stock pursuant to Section 2(a), whether or not earned or declared, accrued to the Applicable Date.

Accrued Dividends means any dividends or distributions paid or otherwise accruing to the Escrow Shares during the time such Escrow Shares are held in the Escrow Account, as of the relevant date.