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.

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Capital APEX means the Capital APEX issued pursuant to the Trust Agreement.

Capital APEX has the meaning specified in the Declaration of Trust.

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.
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.
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.
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.
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.
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 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.
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).
Upon written instruction of the Depositor (accompanied by a notice prepared in accordance with the requirements of this Section 5.18), the Property Trustee will give holders of Normal APEX and Capital APEX, and will request that the Clearing Agency give to its participants holding Normal APEX or Capital APEX, notice of a Remarketing at least 21 days prior to the first day of the related Remarketing Period.

More Definitions of Capital APEX

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.

Capital APEX has the meaning specified in the Trust Agreement.

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%.

Capital APEX has the meaning specified in Recital A.