Initial Dividend Rate definition

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.

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Initial Dividend Rate with respect to the AMPS, means the rate per annum applicable to the Initial Dividend Period for the AMPS and, with respect to Other AMPS, has the equivalent meaning.

Initial Dividend Rate means the rate per annum applicable to the Initial Dividend Period for such series of APS and, with respect to Other APS, has the equivalent meaning.

Examples of Initial Dividend Rate in a sentence

• The dividend rate on the Preferred Shares during the period from and after the Date of Original Issue to and including the last day of the Initial Rate Period shall be the Initial Dividend Rate.

• The dividend rate on Preferred Shares of any series during the period from and after the Date of Original Issue of shares of such series to and including the last day of the Initial Rate Period of shares of such series shall be equal to the Initial Dividend Rate for such series.

• For example, if the aggregate of all Allowed Rejection Claims were determined to be $45,000,000, then: if the Initial Dividend Rate were 20% and if the Final Dividend Rate were 10%, then the Guaranteed Amount would be $1,500,000 (i.e. $45,000,000 minus $40,000,000 multiplied by 30% equals $1,500,000).

• Initial Dividend Rate: 5.00% per annum, payable quarterly for the Initial Fixed Rate Period (as defined below).

• By: (Signed) ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ By: (Signed) ▇▇▇ ▇▇▇▇▇▇▇▇▇ Initial Dividend Rate: 4.5% per annum, payable quarterly for the Initial Fixed Rate Period (as defined below).

More Definitions of Initial Dividend Rate

Initial Dividend Rate means, with respect to a series of Preferred Shares, the rate per annum applicable to the Initial Dividend Period for such series of Preferred Shares.

Initial Dividend Rate means the rate per annum established by the Board of Trustees or their designee, applicable to the Initial Dividend Period for such series of APS and, with respect to Other APS, has the equivalent meaning.

Initial Dividend Rate with respect to the Shares, means $5.50 per annum for the Initial Dividend Period for the Shares.

Initial Dividend Rate with respect to the AMPS, means the rate per annum specified herein applicable to the Initial Dividend Period.

Initial Dividend Rate means 5%, multiplied by the number of days from the date of issue to the Initial Payment Date, divided by 365;

Initial Dividend Rate means the rate per annum applicable to the Initial Dividend Period for such series of APS and, with respect to Other APS, has the equivalent meaning. The Initial Dividend Rate shall be ___% for Series A APS and ___% for Series B APS.

Initial Dividend Rate means the rate per annum applicable to the Initial Dividend Period for each series of AMPS and, with respect to Other AMPS, has the equivalent meaning.