Common Equivalent Rate

Common Equivalent Rate. With respect to any fiscal quarter of the Corporation, the quotient of (i) the product of (a) all ordinary cash dividends (specifically excluding any extraordinary dividends or distributions) declared during such fiscal quarter with respect to a share of Common Stock, (b) four and (c) the number of shares of Common Stock issuable upon conversion of a share of Preferred Stock on the first day of such fiscal quarter, divided by (ii) the Preference Amount of a share of Preferred Stock on the first... day of such fiscal quarter. View More