Dividend Rate definition

Dividend Rate has the meaning set forth in the Statement.

Dividend Rate means, with respect to any Series and as of any date, the Fixed Dividend Rate for that Series as adjusted (if applicable) on such date in accordance with the provisions of Section 2.2(c) and Section 2.2(h).

Dividend Rate means the dividend rate accruing on the Series A Preferred Shares, as applicable from time to time pursuant to the terms hereof.

Examples of Dividend Rate in a sentence

• The Board may only allot a Preference Share where by resolution it specifies the Dividend Date, the Dividend Rate, and whether the Preference Share is or is not, or at the option of the Company is to be, liable to be redeemed, and, if the Preference Share is a Redeemable Preference Share, the Redemption Amount and Redemption Date for that Redeemable Preference Share and any other terms and conditions to apply to that Preference Share.

• Dividend Rate means, in relation to a Preference Share, the term specified in the Issue Resolution for the calculation of the amount of dividend to be paid in respect of that Preference Share on any Dividend Date, which calculation may be wholly or partly established by reference to an algebraic formula.

• The Issue Resolution in establishing the Dividend Rate for a Preference Share may specify that the dividend is to be one of: (a) fixed; (b) variable depending upon any variation of the respective values of any factors in an algebraic formula specified in the Issue Resolution; or (c) variable depending upon such other factors as the Board may specify in the Issue Resolution, and may also specify that the dividend is to be a Franked Dividend or not a Franked Dividend.

• For Certificate Accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account.

• The Dividend Rate and Annual Percentage Yield on the accounts are set forth above.

More Definitions of Dividend Rate

Dividend Rate means, with respect to any Rate Period for a Series of VMTP Shares and subject to the adjustment described in Section 2.10(a), the Index Rate for such Rate Period plus the Applicable Spread for such Rate Period; provided, however, that with respect to any Increased Rate Period, the Dividend Rate shall mean the Increased Rate for such Increased Rate Period; and provided further that the Dividend Rate for any Rate Period shall in no event exceed the Maximum Rate.

Dividend Rate means, in respect of a Preference Share, the terms specified in the Issue Resolution for the calculation of the amount of Dividend to be paid in respect of that Preference Share on any Dividend Date, which calculation may be wholly or partly established by reference to an algebraic formula.

Dividend Rate means 8% per annum.

Dividend Rate means, with respect to any Series and as of any date, the Fixed Dividend Rate for that Series as adjusted, if a Default Period shall be in existence on such date, in accordance with the provisions of Section 2.2(g).

Dividend Rate means $0.06714 per share per annum for the Series A Preferred Stock, $0.0998 per share per annum for the Series A-1 Preferred Stock, $0.165378 per share per annum for the Series B Preferred Stock, $0.1669 per share per annum for the Series C Preferred Stock, $0.332106 per share per annum for the Series D Preferred Stock, $0.551694 per share per annum for the Series E Preferred Stock, $0.7378 per share per annum for the Series F Preferred Stock and $0.8119 per share per annum for the Series F-1 Preferred Stock (as adjusted for any stock splits and combinations, stock dividends, recapitalizations or the like, with respect to each such series of Preferred Stock).

Dividend Rate means, with respect to any Rate Period for a Series of RVMTP Shares and subject to the adjustment described in Section 2.11(a), the greater of (i) the sum of the Index Rate for such Rate Period plus the Applicable Spread for such Rate Period plus the Failed Remarketing Spread (if applicable) and (ii) the sum of (a) the product of the Index Rate for such Rate Period multiplied by the Applicable Multiplier for such Rate Period plus (b) 0.92% plus (c) the Failed Remarketing Spread (if applicable); provided, however, that with respect to any Increased Rate Period, the Dividend Rate shall mean the Increased Rate for such Increased Rate Period; and provided further that the Dividend Rate for any Rate Period shall in no event exceed the Maximum Rate.

Dividend Rate means 5.5%, or, to the extent and during the period with respect to which such rate has been adjusted as provided in Sections 4(d), Section 9(i) or Section 10(e), such adjusted rate.