Series A Preferred Dividend definition

Series A Preferred Dividend means the dividends to be issued by APC to AP-AMH on account of the Series A Preferred Stock pursuant to the Certificate of Determination.
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Series A Preferred Dividend means $0.922635.
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Series A Preferred Dividend means, with respect to any share of Series A Preferred Stock, whether or not there shall have been net profits or net assets of the Corporation legally available for the payment of dividends, (i) that amount which shall be equal to dividends on such share payable in accordance with Section 2(a) of Article IV for the period of time elapsed from the Issuance Date of such share of Series A Preferred Stock to the date in question, plus (ii) any other dividends or distributions required to be paid on such share of Series A Preferred Stock which in each case remain unpaid at such time.
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Examples of Series A Preferred Dividend in a sentence

  • The Series A Preferred Dividend shall be payable to the person registered as the holder of the Series A Preferred Share on the Register on the date of the Liquidation Event, Sale or a Series A Automatic Redemption (as the case may be) in accordance with these Articles (the “ Series A Preferred Dividend Payment Date”), but shall not be payable in the event of any conversion of the Series A Preferred Shares.

  • No dividends or other distributions shall be made or declared, whether in cash, in property, or in any other shares of the Company, with respect to any of Series Angel Preferred Shares, Series C-2 Preferred Shares or Ordinary Shares of the Company, unless and until the Series A Preferred Dividend have been paid in full on each Series A Preferred Share.

  • The Company shall procure (so far as it is able) that each of its Subsidiaries and each of its subsidiary undertakings which has available distributable reserves shall from time to time declare and pay to the Company (or, as the case may be, the relevant Group Company that is its immediate holding company or parent undertaking) such dividends as are necessary to permit lawful and prompt payment by the Company of the Series A Preferred Dividend.

  • They form a considerable body of water and comprise a major part of the groundwater flowing through the GAB.

  • Such interest shall accumulate and form part of the Series A Preferred Dividend to which it relates and shall accordingly not become payable until the Company has sufficient available distributable reserves with which to pay the relevant Series A Preferred Dividend.

  • If the Company is unable to pay in full the Series A Preferred Dividend on the Series A Preferred Dividend Payment Date by reason of having insufficient available distributable reserves, then it shall on such date pay the same to the extent that it is lawfully able to do so and the unpaid amount shall carry interest at the Interest Rate in respect of the period from and including the Series A Preferred Dividend Payment Date down to and including the date of actual payment.

  • The record date for each Series A Preferred Dividend payable on a particular Regular Dividend Date shall be the date that is fifteen (15) days prior to such Regular Dividend Date, unless otherwise mutually agreed by the Company and the holders of a majority of the Series A Preferred Stock outstanding as of the relevant time (such record date, the “Regular Dividend Record Date”).

  • In each calendar year, the holders of the then outstanding shares of Series A Preferred Stock shall be entitled to receive, when, as and if declared by the Board of Directors, out of any funds and assets of the Corporation legally available therefor, noncumulative dividends at the annual dividend rate of $.031 per share of Series A Preferred Stock (the "Series A Preferred Dividend").

  • For the avoidance of doubt, no dividends can be declared unless there are distributable profits that can lawfully be paid, for so long as the Series B Preferred Shareholder is entitled to receive the Series A Preferred Dividend.

  • A holder of shares of Series A Preferred Stock on a Record Date shall be entitled to receive the Series A Preferred Dividend or Special Dividend, as the case may be, payable on such Series A Preferred Stock on the corresponding dividend payment date notwithstanding the subsequent conversion thereof or the Company's default in payment of such dividend due on the dividend payment date.


More Definitions of Series A Preferred Dividend

Series A Preferred Dividend means the dividends to be issued by APC to AP-AMH on account of the Series A Preferred Stock pursuant to the Certificate of Determination. “Series A Preferred SPA” shall mean that certain Series A Preferred Stock Purchase Agreement dated as of May 10, 2019 and effective as of the Original Closing Date, by and between APC and AP-AMH. “Series A Preferred Stock” shall mean the 1,000,000 shares of Series A Preferred Capital Stock issued by APC and purchased by AP-AMH in connection with the Series A Preferred SPA. “Secured Parties” shall mean the Administrative Agent, the Lenders, the Issuing Banks, the Lender-Related Hedge Providers and the Bank Product Providers. “SOFR” with respect to any Business Day,shall mean a rate per annum equal to the secured overnight financing rate published for such day by as administered by the SOFR Administrator. “SOFR Administrator” shall mean the Federal Reserve Bank of New York, as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website at approximately 8:00 a.m. (New York City time) on the immediately succeeding Business Day. of the secured overnight financing rate). “SOFR Borrowing” shall mean a Borrowing that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (iii) of the definition of “Base Rate”. “SOFR Loan” shall mean a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (iii) of the definition of “Base Rate”. “Solvent” shall mean, with respect to any Person on a particular date, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including subordinated and contingent liabilities, of such Person; (b) the present fair saleable value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts and liabilities, including subordinated and contingent liabilities as they become absolute and matured; (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay as such debts and liabilities mature; and (d) such Person is not engaged in a business or transaction, and is not about to engage in a business or transaction, for which such Person’s property would constitute an unreasonably small capital. The amount of contingent liabilities (such as litigation, guaranties and pension plan lia...
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Related to Series A Preferred Dividend

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • 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.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series G Preferred Stock means shares of the Company’s Series G Preferred Stock, par value $0.0001 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series C Preferred means the Corporation's Series C Convertible Preferred Stock, par value $.002 per share.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Company Series C Preferred Stock means the Series C Preferred Stock, par value $0.0001 per share, of the Company.