Examples of Annual Fixed Dividend Rate in a sentence

During each Subsequent Fixed Rate Period, dividends on the Class A Preferred Shares Series A will, if declared, be in the amount per share per annum determined by multiplying the Annual Fixed Dividend Rate applicable to such Subsequent Fixed Rate Period by $1,000.00, payable semi-annually on each Dividend Payment Date.
Each such determination by the Corporation of the Annual Fixed Dividend Rate will, in the absence of manifest error, be final and binding upon the Corporation and upon all holders of Class A Preferred Shares Series A.
The Corporation will, in respect of each Subsequent Fixed Rate Period, calculate on each Fixed Rate Calculation Date the Annual Fixed Dividend Rate for such Subsequent Fixed Rate Period and will, on the relevant Fixed Rate Calculation Date, give written notice thereof to the then holders of Class A Preferred Shares Series A.

More Definitions of Annual Fixed Dividend Rate

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage rate rounded to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up to 0.00001%)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 4.64%, provided that, in any event, such rate shall not be less than 5.75%.

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the rate of interest (expressed as a percentage rate rounded to the nearest one hundred-thousandth of one percent (with

Annual Fixed Dividend Rate has the meaning set forth in the by-laws of the Bank relating to the Preferred Shares Series 24;