Dividend Calculation. Holder agrees that for all dividends due from the -------------------- Effective Date through Closing under the Amended Statement of Resolutions and not previously waived as to payment by any holder of Series D Convertible Preferred Stock, such dividends shall not be deemed untimely so long as they are paid on or before Closing.
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Sources: Amendment Agreement (Equalnet Communications Corp), Amendment Agreement (Equalnet Communications Corp)
Dividend Calculation. Holder agrees that for all dividends due from the -------------------- Effective Date through Closing under the Amended Statement of Resolutions and not previously waived as to payment by any holder of Series D A Convertible Preferred Stock, such dividends shall not be deemed untimely so long as they are paid on or before Closing.
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