Semi-Annual Dividend Payment Date definition

Semi-Annual Dividend Payment Date means June 22 and December 22 of each year during which any Conversion Preference Shares are issued and outstanding;
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Semi-Annual Dividend Payment Date has the meaning ascribed thereto in Section 3(a)(i).
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Semi-Annual Dividend Payment Date means, in respect of dividends payable during the period June 15, 2016 to and including June 15, 2026, June 15 and December 15 of each year during which any Conversion Preferred Shares are issued and outstanding. All dollar amounts are in United States dollars.
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Examples of Semi-Annual Dividend Payment Date in a sentence

  • Accrued dividends not paid on any Semi-Annual Dividend Payment Date shall accrue additional dividends at an annual dividend rate of 6.50% of the Liquidation Preference until paid in full.

  • Holders of Conversion Preference Shares will be entitled to receive cumulative preferential cash dividends, if, as and when declared by the board of directors, subject to the Business Corporations Act (Alberta), at the Perpetual Preference Share Rate, payable on each Semi-Annual Dividend Payment Date, subject to applicable withholding tax as provided in paragraph 12.

  • Dividends payable for each Semi-Annual Dividend Payment Date shall be computed by dividing the annual dividend by two.

  • Dividends in arrears for any past Semi-Annual Dividend Payment Date(s) may be declared and paid at any time, without reference to any regular Semi-Annual Dividend Payment Date, to the holders of record of the Series 4 Preferred Stock as their names appear on the stock books of the Corporation on such date, not exceeding 15 days preceding the payment date thereof, as may be fixed by the Board.

  • Holders of Conversion Preference Shares will be entitled to receive cumulative preferential cash dividends, if, as and when declared by the board of directors, subject to the Canada Business Corporations Act, at the Perpetual Preference Share Rate, payable on each Semi-Annual Dividend Payment Date or Quarterly Dividend Payment Date, as applicable, subject to applicable withholding tax as provided in paragraph 10.

  • A new attacher shall notify the affected util- ity and existing attachers within 15 days after completion of make-ready on a particular pole.

  • If the Semi-Annual Dividend Payment Date is a Saturday, Sunday or legal holiday, then such Semi-Annual Dividend Payment Date shall be the first immediately preceding calendar day which is not a Saturday, Sunday or legal holiday.

  • Holders of Conversion Preference Shares will be entitled to receive cumulative preferential cash dividends, if, as and when declared by the board of directors, subject to the Business Corporations Act (Alberta), at the Perpetual Preference Share Rate, payable on each Semi-Annual Dividend Payment Date or Quarterly Dividend Payment Date, as applicable, subject to applicable withholding tax as provided in paragraph 12.

  • Holders of Conversion Preferred Shares will be entitled to receive cumulative preferential cash dividends, if, as and when declared by the Board of Directors, subject to the Companies Act (Nova Scotia), at the Perpetual Preferred Share Rate, payable on each Semi-Annual Dividend Payment Date or Quarterly Dividend Payment Date, as applicable, subject to applicable withholding tax.

  • Absent the setting of any such record date, each dividend shall be paid to the holders of record of the Series 4 Preferred Stock as their names appear on the stock books of the Corporation on the business day next preceding the Semi-Annual Dividend Payment Date thereof.


More Definitions of Semi-Annual Dividend Payment Date

Semi-Annual Dividend Payment Date means, in respect of dividends payable for the period from June 13, 2019 to but excluding June 13, 2029, June 13 and December 13 of each year during which any Conversion Preference Shares are issued and outstanding;
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Semi-Annual Dividend Payment Date means, in respect of dividends payable for the period from March 1, 2018 to but excluding March 1, 2028, March 1 and September 1 of each year during which any Conversion Preference Shares are issued and outstanding;
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Semi-Annual Dividend Payment Date each of the 15th day of June and December in each year.
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Related to Semi-Annual Dividend Payment Date

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Dividend Payment Date means February 15, May 15, August 15 and November 15 of each year.

  • 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.

  • Quarterly Dividend Period means the quarterly period commencing on and including a Dividend Payment Date and ending on and including the day immediately preceding the next subsequent Dividend Payment Date.

  • Dividend Payout Ratio means, at any date of determination, the ratio, expressed as a percentage, of (a) the sum of, without duplication, of all dividends paid by the Parent Guarantor on account of any common stock or preferred stock of the Parent Guarantor, except dividends payable solely in additional Equity Interests of the same class, to (b) Funds From Operations, in each case for the four consecutive fiscal quarters of the Parent Guarantor most recently ended.

  • Initial Dividend Period means the dividend period commencing on the Issue Date and ending on the first Dividend Payment Date to occur thereafter.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • 7-Day Dividend Period means a Dividend Period consisting of seven days.

  • Special Dividend Period means a Dividend Period consisting of (i) a specified number of days (other than seven), evenly divisible by seven and not fewer than seven nor more than 364 or (ii) a specified period of one whole year or more but not greater than five years (in each case subject to adjustment as provided in paragraph 2(b)(i)).

  • Regular Dividend means USD 0.20 per Share per quarter. Upon any adjustment to the “Initial Dividend Threshold” (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

  • Dividend Date means, in respect of a Preference Share, a date specified in the Issue Resolution on which a Dividend in respect of that Preference Share is payable.

  • 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.

  • annual cash dividend means cash dividends paid in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate on a per share basis, in any fiscal year, the greatest of:

  • Dividend Period means the Initial Dividend Period, any 7-Day Dividend Period and any Special Dividend Period.

  • 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%.

  • Long Term Dividend Period means a Special Dividend Period consisting of a specified period of one whole year or more but not greater than five years.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Regular Periodic Cash Dividend means cash dividends paid at regular intervals in any fiscal year of the Corporation to the extent that such cash dividends do not exceed, in the aggregate, the greatest of:

  • 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).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Applicable Dividend Rate means (i) during the period from the Original Issue Date to, but excluding, the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 5% per annum and (ii) from and after the first day of the first Dividend Period commencing on or after the fifth anniversary of the Original Issue Date, 9% per annum.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Ex-Dividend Time means, with respect to any distribution on shares of Common Stock, the first date on which the shares of Common Stock trade regular way on the principal securities market on which the shares of Common Stock are then traded without the right to receive such distribution.

  • 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.