Examples of Series B MRP Shares in a sentence
The Fund’s MRP Shareholders are entitled to receive monthly cash dividends, at a currently effective dividend rate per annum for each series of MRP Shares as follows (subject to adjustment as described above in “Mandatory Redeemable Preferred Shares”): 3.70% for Series A MRP Shares, 4.00% for Series B MRP Shares, 4.24% for Series C MRP Shares, 2.45% for Series D MRP Shares, 2.68% for Series E MRP Shares.
XXXXX and the CITY agree that they have fully read, negotiated, and completely understand the provisions of this Agreement, that the Parties have been advised to consult with an attorney before signing this Agreement, and that the Parties are signing freely and voluntarily, and without duress, coercion, or undue influence.
Previously, the Series A MRP Shares, Series B MRP Shares and the Series C MRP Shares had been assigned a rating of “AA” by Fitch Ratings, Inc.
The liquidation preference for Series B MRP Shares shall be $25.00 per share, plus an amount equal to all accumulated dividends thereon (whether or not earned or declared but without interest) to the date payment of such distribution is made in full or a sum sufficient for the payment thereof is set apart with the Paying Agent.
The District Court erroneously accepted Experian’s “accuracy only” argument and improperly dismissed the claim regarding its reinvestigation duties.
For so long as any Series B MRP Shares are Outstanding and Fitch or any Other Rating Agency which so requires is then rating such shares, the Company shall deliver to each rating agency which is then rating Series B MRP Shares and any other party specified in the Rating Agency Guidelines all certificates that are set forth in the respective Rating Agency Guidelines at such times and containing such information as set forth in the respective Rating Agency Guidelines.
If the lowest credit rating assigned on any date to the Series B MRP Shares by Fitch or any Other Rating Agency is equal to one of the ratings set forth in the table below (or its equivalent by some Other Rating Agency), the Dividend Rate for the Series B MRP Shares shall be adjusted by adding the respective enhanced dividend amount (which shall not be cumulative) set opposite such rating to the Applicable Rate.
Subject to the foregoing rights of the Holders of the Series B MRP Shares, the identity and class (if the Board of Directors is then classified) of the nominees for such Directors may be fixed by the Board of Directors.
The Fund’s MRP Shareholders are entitled to receive monthly cash dividends, at a currently effective dividend rate per annum for each series of MRP Shares as follows (subject to adjustment as described above in “Mandatory Redeemable Preferred Shares”): 3.70% for Series A MRP Shares, 4.00% for Series B MRP Shares and 4.24% for Series C MRP Shares.
The Holders of Series B MRP Shares shall have no rights to cumulative voting.