Additional Parity Securities definition

Additional Parity Securities means additional bonds, warrants or other obligations secured on a parity of lien with the Outstanding Sewer Revenue Indebtedness.
Additional Parity Securities means additional bonds, warrants or other obligations secured on a parity of lien with the Series 1997 Warrants, the Series 1999-A Warrants and the Series 2001-A Warrants.
Additional Parity Securities means any securities which the City may at the time of issuance be authorized to issue and for the payment of the principal of and interest on which the Pledged Tax Proceeds may be pledged under the reserved right so to do contained in, and in accordance with the provisions of, Section 8 hereof.

Examples of Additional Parity Securities in a sentence

  • If such Revenue Forecast is delivered with respect to Additional Parity Securities issued on or after October 1, 2007, the projected Net Revenues Available for Debt Service for the Test Year shall not be less than 105% of the Maximum Annual Debt Service payable during the Test Year or any succeeding Fiscal Year with respect to the then outstanding Parity Securities and the Additional Parity Securities with respect to which such report is made.

  • Such payments of interest and principal (if any) shall be made from the sources and to the extent required by the provisions of Section 20 of the Series 1984 Ordinance, as it now exists, pro rata and on a parity of lien and pledge with the payments required to be made therein with respect to the Series 2001 Warrants, the Series 2004 Warrants and any other Additional Parity Securities hereafter issued.

  • The County and the Trustee acknowledge and agree that, from and after the issuance by the County of the Series 2003-B Warrants, any reference in the Original Indenture or in this Ninth Supplemental Indenture to the "Parity Securit ies" shall, unless t he cont ext clearly and unequ ivocally indicates o therwise, be con- strued to include the Outstanding Parity Securities, the Series 2003-B Warrants and any Additional Parity Securities hereafter issued.

  • Additional Parity Securities and Contingent Convertible Preferred Securities 34 Section 3.17.

  • The City will continue and maintain the existence of the Warrant Fund until all the principal of and the interest (and premium, if any) on the Series 2001 Warrants, the Series 2004 Warrants and the Series 2005 Warrants and any other Additional Parity Securities that shall hereafter be issued by the City shall have been paid in full.

  • Such payments of interest and principal (if any) shall be made from the sources and to the extent required by the provisions of Section 20 of the Series 1984 Ordinance, as it now exists, pro rata and on a parity of lien and pledge with the payments required to be made therein with respect to the Series 2004 Warrants, the Series 2005 Warrants, the Series 2006 Refunding Warrants and any other Additional Parity Securities hereafter issued.

  • The City will continue and maintain the existence of the Warrant Fund until all the principal of and the interest (and premium, if any) on the Series 2004 Warrants, the Series 2005 Warrants, the Series 2006 Refunding Warrants and the Series 2006 Warrants and any other Additional Parity Securities that shall hereafter be issued by the City shall have been paid in full.

Related to Additional Parity Securities

  • Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • Series A Parity Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests or distributions upon liquidation of the Partnership, ranks pari passu with the Series A Preferred Units.

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Parity Shares means the APS and each other outstanding series of Preferred Shares the holders of which, together with the holders of the APS, shall be entitled to the receipt of dividends or of amounts distributable upon liquidation, dissolution or winding up, as the case may be, in proportion to the full respective preferential amounts to which they are entitled, without preference or priority one over the other.

  • Parity Stock means any class or series of stock of the Corporation (other than Designated Preferred Stock) the terms of which do not expressly provide that such class or series will rank senior or junior to Designated Preferred Stock as to dividend rights and/or as to rights on liquidation, dissolution or winding up of the Corporation (in each case without regard to whether dividends accrue cumulatively or non-cumulatively).

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units and Non-Voting Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Equity Securities means, with respect to any Person that is a legal entity, any and all shares of capital stock, membership interests, units, profits interests, ownership interests, equity interests, registered capital, and other equity securities of such Person, and any right, warrant, option, call, commitment, conversion privilege, preemptive right or other right to acquire any of the foregoing, or security convertible into, exchangeable or exercisable for any of the foregoing.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Permitted Preferred Stock means and refers to any Preferred Stock issued by Parent (and not by one or more of its Subsidiaries) that is not Prohibited Preferred Stock.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • Designated Preferred Stock means Preferred Stock of the Company or any direct or indirect parent of the Company, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company or any of its Subsidiaries or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officers’ Certificate, on the issuance date thereof.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Additional Registrable Securities means, (i) any Cutback Shares not previously included on a Registration Statement and (ii) any capital stock of the Company issued or issuable with respect to the Common Shares, the Warrants, the Warrant Shares, or the Cutback Shares, as applicable, as a result of any stock split, stock dividend, recapitalization, exchange or similar event or otherwise without regard to any limitations on exercise of the warrants.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Voting Parity Stock means, with regard to any matter as to which the holders of Designated Preferred Stock are entitled to vote as specified in Sections 7(a) and 7(b) of these Standard Provisions that form a part of the Certificate of Designations, any and all series of Parity Stock upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series A Shares means Series A currency hedged mutual fund shares and/or Series A non-currency hedged mutual fund shares of a fund, as applicable.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefor;

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.