Preferred Dividend definition

Preferred Dividend has the meaning given in Article 39.2;

Preferred Dividend has the meaning attributed thereto in article 24.1.

Preferred Dividend has the meaning set forth in the Recitals.

Examples of Preferred Dividend in a sentence

• Preferred Dividend Credit A Preferred Dividend Credit (if any) is allowed on certain preferred stock issues in accordance with Section 247 of the Internal Revenue Code.

• The following are Events of Default: (1) failure to declare and pay when due two consecutive annual installments of the Cumulative 8% Preferred Dividend; (2) the filing of a voluntary petition in bankruptcy by the Company or the approval of an involuntary petition in bankruptcy related to the Company; (3) the breach of a Major Covenant; and (4) the failure to remedy the breach of any Company Covenant within 60 days after actual notice of its breach.

• Section 1.1 of the Credit Agreement shall be amended by adding the following new definitions thereto in appropriate alphabetical order: “Permitted Preferred Dividend shall mean that certain equity distribution to Weston Energy LLC and Royal Energy Resources, Inc.

• Cada Acción Clase B da derecho a su titular a recibir un dividendo preferente mínimo dividend out of the distributable profits for each year at the end of which it is still in issue (the “Preferred Dividend” and, each fiscal year in respect of which the Preferred Dividend is calculated, a “Calculation Period”) equal to 0.01 euros per Class B Share.

• In the event that any Dividend Payment Date shall fall on any day other than a Business Day (as defined in paragraph (b) of Section 4.4.3), the Preferred Dividend due on such Dividend Payment Date shall be paid on the Business Day immediately following such Dividend Payment Date.

More Definitions of Preferred Dividend

Preferred Dividend means a “Dividend” as defined in the Certificate of Designations.

Preferred Dividend has the meaning set forth in Annex A.

Preferred Dividend means the cumulative preferential dividend payable pursuant to Article 3A(c)(i);

Preferred Dividend means the dividend required to be paid to White Deer Energy by Parent, whether in cash or in kind, by reason of the White Deer Investment.

Preferred Dividend has the meaning set forth in Section 4(b).

Preferred Dividend means a dividend at a simple rate of [●] percent ([●]%) per annum on the Series B Original Issue Amount on each share of the Series B Preferred Stock accumulating from the date of issuance until any date of redemption and cumulative to the extent not paid on any Dividend Payment Date.

Preferred Dividend means the dividend payable in respect of the Series VI CCPS in accordance with Paragraph 2.2 of this Schedule (Dividend Rights);