Dividend Reference Dates definition

Dividend Reference Dates means, for any Series A Share, each March 31, June 30, September 30 and December 31 of each year, occurring after the date of issuance of such Series A Share.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Dividend Reference Dates means June 30, 1996 and the last day of each September, December, March and June thereafter (or, if any such date is not a Business Day, then the immediately preceding Business Day) on which dividends are to be paid on Preferred Stock.

Dividend Reference Dates means June 30, 1995 and each September 30, December 31, March 31 and June 30 thereafter (or, if any such date is not a Business Day, then the immediately preceding Business Day) on which dividends are to be paid on Preferred Stock.

Examples of Dividend Reference Dates in a sentence

To the extent not paid on June 30 and December 31 of each year, beginning on December 31, 1999 (the "Dividend Reference Dates"), all dividends which have accrued on each Share outstanding during the six-month period (or other period in the case of the initial Dividend Reference Date) ending upon each such Dividend Reference Date shall be accumulated and shall remain accumulated dividends with respect to such Share until paid.
To the extent all accrued dividends are not paid on the Dividend Reference Dates, all dividends which have accrued on each Share outstanding during the three-month period (or other period in the case of the initial Dividend Reference Date) ending upon each such Dividend Reference Date will be accumulated and shall remain accumulated dividends with respect to such Share until paid.
The accrued dividends will by payable March 31, June 30, September 30 and December 31 of each year commencing on September 30, 2002 (the "Dividend Reference Dates") to the record holders of Series A Preferred Stock at the close of business on the date that is 10 business days immediately preceding the applicable Dividend Reference Dates of each year.
Any subsequent dividends which are paid to the holder of the Series A Shares in respect thereof shall, in all instances, be applied first to the payment of amounts of dividends which have been added on previous Dividend Reference Dates to the Redemption Price until the Redemption Price of all Series A Shares shall be equal to the original Redemption Price, as adjusted, herein stated.
The accrued dividends will be payable March 31, June 30, September 30 and December 31 of each year commencing on September 30, 2003 (the "Dividend Reference Dates") to the record holders of Series B Preferred Stock at the close of business on the date that is 10 business days immediately preceding the applicable Dividend Reference Dates of each year.
All accrued dividends on outstanding Shares of Series A Preferred Stock shall be payable (whether or not declared) on March 31, June 30, September 30 and December 31 of each year (the "Dividend Reference Dates"), beginning on the first Dividend Reference Date (the "First Dividend Reference Date") following the first date of issuance of Series A Preferred Stock.
All accrued dividends on outstanding Shares of Series B Preferred Stock shall be payable (whether or not declared) on March 31, June 30, September 30 and December 31 of each year (the "Dividend Reference Dates"), beginning on the first Dividend Reference Date (the "First Dividend Reference Date") following the first date of issuance of Series B Preferred Stock.
Dividends shall be paid only as and when declared by the Board of Directors to holders of record at the close of the Quarterly Dividend Reference Dates with respect to which the dividend has been declared and cash or certificates for such dividend shall be distributed to such holders within ten (10) calendar days after such record date as the Board of Directors may establish.
Any subsequent dividends which are paid to the holder of the Series B Shares in respect thereof shall, in all instances, be applied first to the payment of amounts of dividends which have been added on previous Dividend Reference Dates to the Redemption Price until the Redemption Price of all Series B Shares shall be equal to the original Redemption Price, as adjusted, herein stated.
To the extent not paid on November 30th of each year, beginning November 30, 2001 (the "Dividend Reference Dates"), all dividends which have accrued on each Share outstanding during the one-year period (or other period in the case of the initial Dividend Reference Date) ending upon each such Dividend Reference Date shall be accumulated and shall remain accumulated dividends with respect to such Share until paid to the holder thereof.

More Definitions of Dividend Reference Dates

Dividend Reference Dates means March 31, June 30, September 30 and December 31 of each year.

Related to Dividend Reference Dates

Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.
Dividend Rate has the meaning set forth in the Statement.
Initial Dividend Rate means, with respect to a series of APS, the rate per annum applicable to the Initial Dividend Period for such series of APS.
Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).
Dividend Record Date has the meaning set forth in Section 3(a).