Cumulative Dividends definition

Cumulative Dividends means the sum of all cash dividends paid on a share of common stock during the July 2011 – December 2012 Performance Cycle. The Participant shall not be entitled to receive any dividend payments in conjunction with this award of Performance Units.

Cumulative Dividends means all accumulated, accrued and unpaid dividends.

Cumulative Dividends means the sum of all cash dividends paid on a share of Common Stock during the Performance Cycle.

Examples of Cumulative Dividends in a sentence

• Such Cumulative Dividends shall be fully cumulative (whether or not earned or declared) and shall be deemed to constitute accrued and unpaid dividends for all purposes hereof even if such additional dividends are not specifically mentioned in any particular context.

• Holders of Series C Preferred and of Series D Preferred shall not be entitled to any dividend, whether payable in cash, property or stock, in excess of the greater of the Junior Dividends and the 12% Cumulative Dividends accumulated with respect to such shares.

• From January 1, 2009, through December 31, 2011, the Company did not pay Cumulative Dividends to the Holders.

• Upon surrender in accordance with the aforesaid provisions of the certificate for any shares so converted (duly endorsed or accompanied by appropriate instruments of transfer), the holder of record of such shares shall be entitled to receive the applicable number of shares of Common Stock (calculated to the nearest 1/1,000,000th of a share) (and cash representing fractional share settlements in respect thereof) at the applicable Exchange Rate plus Full Cumulative Dividends thereon, without interest.

• No dividends or other Distributions with respect to any other series or class of capital stock of the Company shall be declared or paid prior to the declaration and payment in full of all Cumulative Dividends accrued as of the last proceeding Accrual Date.

More Definitions of Cumulative Dividends

Cumulative Dividends means and include the Series C Cumulative Dividend, the Series D Cumulative Dividend, the Series E Cumulative Dividend, the Series F Cumulative Dividend, and the Series I Cumulative Dividend.

Cumulative Dividends shall have the meaning set forth in Section 2(a).

Cumulative Dividends means the sum of (i) all cash dividends and (ii) the Fair Market Value of all Common Stock dividends as of the payment date for such Common Stock dividends paid on a share of Common Stock during the 2004-2006 Performance Cycle.

Cumulative Dividends means the aggregate of any dividend paid by a relevant entity from Completion to 31 December 2014. In the event that the Company decides to exercise the Call Option, the Company shall obtain Shareholders’ approval, if required, pursuant to the rules of the Catalist Rules. 2.3.6.Put Option Pursuant to the terms of the Investment Agreement, in the event that:

Cumulative Dividends means the aggregate amount of dividends and other distributions paid on a share of Common Stock during the applicable Performance Period, assuming that such dividends and other distributions were reinvested in the Company as of the applicable ex-dividend dates during the applicable Performance Period.

Cumulative Dividends means that if no preferred dividends are paid in one year, they accrue to the next so that the preferred shareholders must be paid accrued and current dividends before anything can be paid on the common.

Cumulative Dividends shall have the meaning set forth in Section 3.10.