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
For each Payment Period beginning on the First Reset Date, the Dividend Rate shall be equal to the prior Payment Period’s Dividend Rate, plus 1.50%.
For all accounts except cer- tificates, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Board of Directors.
The Dividend Rate and Annual Percentage Yield on the accounts you have with us are identified above.
The Dividend Rate and Annual Percentage Yield identified above are the rates and yields for the last dividend period, as shown above.
The Liquidation Amount shall be automatically increased on each Dividend Accrual Date as provided in Section 3 to reflect the accrual of dividends at the Applicable Dividend Rate to the extent such dividends have not been paid.
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 an annual rate of (i) $0.11973 per share for the Series A¬1 Preferred Stock, (ii) $0.04178 per share for the Series A-2 Preferred Stock, (iii) $0.06653 per share for the Series A-3 Preferred Stock, (iv) $0.06884 per share for the Series A-4 Preferred Stock, (v) $0.10177 per share for the Series A-5 Preferred Stock, (vi) $0.09578 per share for the Series A-6 Preferred Stock and (vii) $0.08357 per share for the Series A-7 Preferred Stock, in each case subject to adjustment from time to time for Recapitalizations and as otherwise set forth elsewhere herein.
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.
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.