Book-Entry Preferred Security definition

Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.
Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary. “Business Day” means a day other than (a) a Saturday or Sunday, (b) a day on which banking institutions in the City of New York are authorized or required by law or executive order to remain closed or (c) a day on which the Corporate Trust Office is closed for business. “Calculation Agent” has the meaning specified in Section 4.10 (a). “Capital Disqualification Event” has the meaning specified in Section 1.1 of the Indenture. “Closing Date” has the meaning specified in the Placement Agreement. “Code” means the United States Internal Revenue Code of 1986, as amended. “Commission” means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act or, if at any time after the execution of this Trust Agreement such Commission is not existing and performing the duties assigned to it, then the body performing such duties at such time. “Common Securities Certificate” means a certificate evidencing ownership of Common Securities, substantially in the form attached as Exhibit B. 3
Book-Entry Preferred Security is added:

Examples of Book-Entry Preferred Security in a sentence

  • Pratt Street, 16th Floor, Baltimore, Maryland, at a.m. on , 2003 or at such other time not later than seven full business days thereafter as you and the Company determine, such time being herein referred to as the "Closing Date." The Preferred Securities will be represented by a permanent global security (each such security being referred to herein as a "Book-Entry Preferred Security"), registered in the name of The Depository Trust Company, as depositary (the "Depositary"), or a nominee of the Depositary.


More Definitions of Book-Entry Preferred Security

Book-Entry Preferred Security means a Preferred Security the ownership and transfers of which shall be reflected and made, as applicable, through book entries by the Depositary.
Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary as described in Section 5.4.
Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary. “Business Day” means a day other than (a) a Saturday or Sunday, (b) a day on which banking institutions in the City of New York are authorized or
Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Clearing Agency as described iin Section 5.11.
Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary. “Business Day” means a day other than (a) a Saturday or Sunday, (b) a day on which banking institutions in the City of New York are authorized orrequired by law or executive order to remain closed or (c) a day on which the Corporate Trust Office is closed for business. “Calculation Agent” has the meaning specified in Section 4.10.

Related to Book-Entry Preferred Security

  • Global Preferred Security means a Preferred Securities Certificate evidencing ownership of Book-Entry Preferred Securities.

  • Preferred Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Book Entry means an uncertificated book entry for the Common Stock.