Regular Dividend Rate definition
Regular Dividend Rate means 8.00% per annum.
Regular Dividend Rate means 10.00% per annum.
Regular Dividend Rate means four and one-half percent (4.5%) per annum or, to the extent and during the period with respect to which such rate has been adjusted as provided in Section 8(b), such adjusted rate.
Examples of Regular Dividend Rate in a sentence
The Convertible Preferred Stock shall accumulate cumulative dividends at a rate per annum equal to the applicable Regular Dividend Rate on the Liquidation Preference thereof (calculated in accordance with Section 6(a)(iii)), regardless of whether or not declared or assets are legally available for their payment (such dividends that accumulate on the Convertible Preferred Stock pursuant to this sentence, “Regular Dividends”).
More Definitions of Regular Dividend Rate
Regular Dividend Rate means (a) for the period beginning on, and including, the Initial Issue Date and ending on, but excluding, the second anniversary of the Initial Issue Date, zero percent (0%) per annum and (b) for the period beginning on, and including, the second anniversary of the Initial Issue Date, six percent (6%) per annum.
Regular Dividend Rate means 6.50% per annum, subject to increase pursuant to Section 8(c).
Regular Dividend Rate means five and one-half percent (5.5%) per annum.
Regular Dividend Rate means, with respect to each period set forth below, the interest rate set forth opposite such period:
Regular Dividend Rate initially means six and three quarters percent (6.75%) per annum; provided, however, if any share of the Convertible Preferred Stock remains outstanding on the date that is four (4) years after the last date on which the Convertible Preferred Stock is issued pursuant to the terms of the Investment Agreement, such Regular Dividend Rate shall be increased to eight percent (8%) per annum on such date and, on each one (1) year anniversary thereafter, be further increased by two percent (2%) per annum until such time as the Regular Dividend Rate is twelve percent (12%).
Regular Dividend Rate means 9% per annum.
Regular Dividend Rate means 12% per annum.