Capital APEX definition

Capital APEX means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 per Capital APEX and having the rights provided for Capital APEX in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Sample 1Sample 2Sample 3
Capital APEX has the meaning specified in the Declaration of Trust.
Sample 1Sample 2
Capital APEX means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 per Capital APEX and having the rights provided for Capital APEX in this Declaration of Trust, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Sample 1Sample 2

Examples of Capital APEX in a sentence

  • Dated: Signature NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of the within Capital APEX Certificates in every particular, without alteration or enlargement or any change whatsoever.

  • The Property Trustee shall promptly notify the Securities Registrar in writing of the Capital APEX selected for redemption and, in the case of any Capital APEX selected for partial redemption, the Liquidation Amount thereof to be redeemed.

  • Any such redemption will be effected by Book-Entry Transfer of Notes in global form if the Notes then settle and clear through the Clearing Agency, and if the Notes do not then settle and clear through the Clearing Agency by delivery of definitive certificates evidencing the Notes to the Holders of Capital APEX.

  • The Property Trustee shall notify all Holders of the Normal APEX and the Capital APEX of any notice of default received with respect to the Notes.

  • All deposits, deliveries or transfers by a Holder pursuant to this Section 5.13 of Normal APEX, Capital APEX and treasury securities (including Qualifying Treasury Securities) shall be made by Book-Entry Transfer unless the recipient of such deposit, delivery or transfer expressly agrees otherwise in writing.

  • If a Failed Remarketing occurs but on the Stock Purchase Date there is no Deferred Note Interest Amount outstanding, then promptly after the Stock Purchase Date the Issuer Trust shall redeem the Capital APEX, in whole but not in part, in kind by exchanging for each Capital APEX a Like Amount of Notes.

  • The Issuer Trustees shall not revoke any action previously authorized or approved by a vote of the Holders of the Normal APEX and the Capital APEX, except by a subsequent vote of the Holders of the Normal APEX and the Capital APEX.

  • For all purposes of this Trust Agreement, unless the context otherwise requires, all provisions relating to the redemption of Capital APEX shall relate, in the case of any Capital APEX redeemed or to be redeemed only in part, to the portion of the aggregate Liquidation Amount of Capital APEX that has been or is to be redeemed.

  • The Capital APEX are transferable on the books and records of the Issuer Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as provided in Section 5.4 of the Trust Agreement (as defined below).

  • In addition to the implementation of community-based parenting groups, RTC-Z will distribute copies of the Zambian Folklore Children’s Book.


More Definitions of Capital APEX

Capital APEX means the Capital APEX issued pursuant to the Trust Agreement.
Sample 1Sample 2
Capital APEX. Payable on each Capital APEX Distribution Date prior to the Stock Purchase Date at the rate of 5.593% per annum, accruing for each Capital APEX from the Capital APEX Distribution Date immediately preceding its issuance. Interest Rate on Junior Subordinated Notes to the Remarketing Settlement Date: 5.593% per annum, accruing from May 15, 2007.
Sample 1
Capital APEX has the meaning specified in the Trust Agreement.
Sample 1
Capital APEX. Payable on each Capital APEX Distribution Date prior to the Stock Purchase Date at the rate of three-month LIBOR for such Distribution Period plus 0.57% per annum, accruing for each Capital APEX from the Capital APEX Distribution Date immediately preceding its issuance. Day Count: Actual / 360 Maturity of Remarketable Floating Rate Junior Subordinated Notes: September 1, 2043 Interest Rate on Remarketable Floating Rate Junior Subordinated Notes to the Remarketing Settlement Date: Floating rate per annum equal to three-month LIBOR plus 0.57%, accruing from May 15, 2007. Interest Payment Dates of Remarketable Floating Rate Junior Subordinated Notes: March 1, June 1, September 1 and December 1, commencing September 1, 2007 Reset Caps on Remarketing of Remarketable Floating Rate Junior Subordinated Notes: The Fixed Rate Reset Cap will be the prevailing market yield, as determined by the Remarketing Agent, of the benchmark U.S. treasury security having a remaining maturity that most closely corresponds to the period from such date until the earliest date on which the Junior Subordinated Notes may be redeemed at GS Group’s option in the event of a successful Remarketing, plus 350 basis points, or 3.500% per annum, and the Floating Rate Reset Cap will be 300 basis points, or 3.00% per annum. Contract Payment Rate: 0.200% per annum, accruing from May 15, 2007. Dividend Rate on the Series F Preferred Stock: For any Dividend Period ending prior to September 1, 2012, a rate per annum equal to three-month LIBOR for the related Dividend Period plus 0.77% per annum. For any Dividend Payment ending after September 1, 2012, a rate per annum equal to the greater of (x) three-month LIBOR for the related Dividend Period plus 0.77% and (y) 4.00%.
Sample 1
Capital APEX has the meaning specified in Recital A.
Sample 1

Related to Capital APEX

  • Capital Asset means, with respect to the Borrower and its Subsidiaries, any asset that should, in accordance with GAAP, be classified and accounted for as a capital asset on a Consolidated balance sheet of the Borrower and its Subsidiaries.

  • Capital Accounts An individual capital account shall be maintained for each Partner, and capital contributions to the Partnership by the Partners shall be credited to such accounts. Partnership profits or losses shall also be charged or credited to the separate capital accounts in the manner provided in this Agreement. No interest shall be paid on the capital account of any Partner.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Target Net Working Capital Amount means $5,000,000.

  • Capital Account means, with respect to any Partner, the Capital Account maintained for such Partner in accordance with the following provisions:

  • Target Capital Account means the Capital Account of a Member as of the end of each fiscal year, increased by any amount that such Member is obligated to restore under this Agreement, is treated as obligated to restore under Treasury Regulations Section 1.704-1(b)(2)(ii)(c), or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).

  • Capital and Surplus means, as to any Insurance Subsidiary, as of any date, the total amount shown on line 38, page 3, column 1 (or such other line on which the equivalent information is provided on any other such Annual Statement) of the Annual Statement of such Insurance Subsidiary as of such date, or an amount determined in a consistent manner for any date other than one as of which an Annual Statement is prepared.

  • Partner Nonrecourse Debt Minimum Gain has the meaning set forth in Treasury Regulation Section 1.704-2(i)(2).

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Nonrecourse Built-in Gain means with respect to any Contributed Properties or Adjusted Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of any taxable gain that would be allocated to the Partners pursuant to Section 6.2(b) if such properties were disposed of in a taxable transaction in full satisfaction of such liabilities and for no other consideration.

  • Target Working Capital Amount means $75,000,000.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Member Nonrecourse Debt Minimum Gain means an amount, with respect to each Member Nonrecourse Debt, equal to the Company Minimum Gain that would result if such Member Nonrecourse Debt were treated as a Nonrecourse Liability, determined in accordance with Section 1.704-2(i)(3) of the Regulations.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Capital Assets means, with respect to any person, all equipment, fixed assets and Real Property or improvements of such person, or replacements or substitutions therefor or additions thereto, that, in accordance with GAAP, have been or should be reflected as additions to property, plant or equipment on the balance sheet of such person.

  • Required Capital Amount has the meaning set forth in Section 5(e) of this Supplement.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Partner Nonrecourse Debt has the meaning set forth in Treasury Regulation Section 1.704-2(b)(4).

  • Partnership Minimum Gain has the meaning set forth in Regulations Section 1.704-2(b)(2), and the amount of Partnership Minimum Gain, as well as any net increase or decrease in Partnership Minimum Gain, for a Partnership Year shall be determined in accordance with the rules of Regulations Section 1.704-2(d).