Annual Dividend Rate definition

Annual Dividend Rate means for any Fixed Dividend Rate Period the rate of interest expressed as a percentage per annum (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) which is equal to the Government of Canada Yield multiplied by the Selected Percentage Rate for such Fixed Dividend Rate Period.

Annual Dividend Rate means 11.00% per annum of the Liquidation Preference if paid in cash, per Series D-1 Preferred Share; provided, however that to the extent a dividend for a Dividend Period is not paid in cash on the applicable Dividend Payment Date (whether at the option of the Board of Directors or as otherwise required by this Certificate of Designation), then the Annual Dividend Rate for such Dividend Period with respect to dividends not paid in cash shall mean 12.50% per annum of the Liquidation Preference.

Annual Dividend Rate means 5.00% per annum.

Examples of Annual Dividend Rate in a sentence

• BCE shall give notice as provided under “Details of the Series R Preferred Shares” of the Annual Dividend Rate (as defined below under “Details of the Series R Preferred Shares”) applicable to the Series R Preferred Shares for such Fixed Dividend Rate Period.

• Accrued and unpaid dividends for any past Dividend Periods may be authorized and declared and paid at any time, without reference to any regular Dividend Payment Date, to holders of record on such date, not exceeding30 days preceding the payment date thereof, as may be fixed by the Board of Directors.(b) The amount of dividends payable for each full Dividend Period for the Series C Preferred Stock shall be computed by dividing the Annual Dividend Rate by four.

• Dividends for the applicable Dividend Period shall accumulate on the Accrued Value as of the most recent Dividend Payment Date at the Annual Dividend Rate whether or not declared, and whether or not there are funds legally available for the payment or declaration of dividends.

• The amount of dividends payable on each Dividend Payment Date for the Series A Preferred Stock shall be computed by dividing the Annual Dividend Rate by four.

• If no JPY TIBOR rate – 12 months has been announced, JPY TIBOR rate – 12 months shall be replaced by the figure announced by ICE Benchmark Administration Limited as the London Interbank Offered Rate (Euro-Yen LIBOR rate – 12 months) (on a 360 day year basis) displayed on page 3750, Reuters, as at 11:00 a.m. London Time on the Determination Date of Series One Preference Annual Dividend Rate.

More Definitions of Annual Dividend Rate

Annual Dividend Rate means for any Month the rate of interest expressed as a percentage per annum (rounded to the nearest one-thousandth (1/1000) of one percent (1%)) which is equal to Prime multiplied by the Designated Percentage for such Month;

Annual Dividend Rate means 5.81% of the Face Amount per Series D Preferred Share.

Annual Dividend Rate means 9% per annum, subject to increase pursuant to Section 11. “Beneficial Owner” has the meaning set forth in Section 7.4(a).

Annual Dividend Rate shall have the meaning set forth in Section 5(a).

Annual Dividend Rate means 9% per annum, subject to increase pursuant to Section 11.

Annual Dividend Rate shall equal (i) LIBOR plus (ii) 6.50% of the Face Amount, plus (iii) if the Corporation shall declare and pay a dividend on its Common Shares for any Dividend Period in excess of $0.10 per Common Share (as equitably adjusted for share splits, share dividends, combinations, recapitalizations and the like), the amount of dividends payable on each Series D Preferred Share for such Dividend Period only shall be increased by an amount equal to (A) the amount of dividends declared and paid on each Common Share minus (B) $0.10 (as so adjusted).

Annual Dividend Rate means 0.075.