Second Dividend Payment Date definition

Second Dividend Payment Date means the next date on which dividends are paid following the First Dividend Payment Date;
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Second Dividend Payment Date has the meaning set forth in Section 3(b).
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Second Dividend Payment Date means August 16, 2005, or the following Business Day if such day is not a Business Day.
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Examples of Second Dividend Payment Date in a sentence

  • As described in Sections 3 and 4 below, the Designated Stock shall rank equally with Parity Stock and senior to Junior Stock as to its Liquidation Amount in the event of any dissolution, liquidation or winding up of the Corporation and, from and including the Second Dividend Payment Date, shall rank equally with Parity Stock and senior to Junior Stock with respect to the payment of dividends.

  • Subject to Section 3(a) above, for each Dividend Period from and including the Second Dividend Payment Date, non-cumulative cash dividends shall be payable in an amount equal to the greater of (i) the As-Converted Dividend Amount and (ii) the Alternate Dividend Amount.

  • The period from and including any Dividend Payment Date to, but excluding, the next Dividend Payment Date is a “ Dividend Period”, provided that the initial Dividend Period shall be the period from and including the Second Dividend Payment Date to but excluding the next Dividend Payment Date.Dividends that are payable pursuant to Section 3(c) on Designated Stock in respect of any Dividend Period shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

  • Subject to Section 3(a) above, for each Dividend Period from and including the Second Dividend Payment Date, cumulative cash dividends shall be payable in an amount equal to the greater of (i) the As-Converted Dividend Amount and (ii) the Alternate Dividend Amount.

  • The period from and including any Dividend Payment Date to, but excluding, the next Dividend Payment Date is a “ Dividend Period”, provided that the initial Dividend Period shall be the period from and including the Second Dividend Payment Date to but excluding the next Dividend Payment Date.

Related to Second Dividend Payment Date

  • Dividend Payment means dividends (in cash, Property or obligations) on, or other payments or distributions on account of, or the setting apart of money for a sinking or other analogous fund for, or the purchase, redemption, retirement or other acquisition of, any shares of any class of stock of the Company or of any warrants, options or other rights to acquire the same, but excluding dividends payable solely in shares of common stock of the Company.

  • Preferred Dividends means, with respect to any Person, dividends or other distributions which are payable to holders of any Equity Interests in such Person which entitle the holders of such Equity Interests to be paid on a preferred basis prior to dividends or other distributions to the holders of other types of Equity Interests in such Person.