Capital Securities definition

Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.
Capital Securities means, with respect to any Person, all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) of such Person’s capital, whether now outstanding or issued or acquired after the date hereof, including common shares, preferred shares, membership interests in a limited liability company, limited or general partnership interests in a partnership or any other equivalent of such ownership interest.
Capital Securities has the meaning set forth in the recitals to this Guarantee.

Examples of Capital Securities in a sentence

  • Such notices and communications, if sent to the Placement Agent, shall be delivered to: Spartan Capital Securities, LLC 40 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, XX 00000 Attention: Sxxxxxx Xxxxxxxx Email: sxxxxxxxx@xxxxxxxxxxxxxx.xxx with a copy (which shall not constitute notice) to: Lucosky Bxxxxxxx LLP 100 Xxxx Xxxxxx Xxxxx Xxxxxxxxxx, XX 00000 (000) 000-0000 Attention: Sxxxx X.


More Definitions of Capital Securities

Capital Securities has the meaning set forth in paragraph 1(a) of Annex I.
Capital Securities has the meaning specified in the first recital of this Indenture.
Capital Securities means, with respect to any Person, any and all shares, interests (including partnership interests or limited liability company interests), participations or other equivalents (however designated, whether voting or non-voting) of such Person’s capital, whether now outstanding or issued after the Closing Date.
Capital Securities means, collectively, the Series A Capital Securities and the Series B Capital Securities.
Capital Securities means, with respect to any Person, all shares, interests, participations or other equivalents (however designated, whether voting or non-voting) of such Person’s capital, whether now outstanding or issued or acquired after the Closing Date, including common shares, preferred shares, membership interests in a limited liability company, limited or general partnership interests in a partnership, interests in a Trust, interests in other unincorporated organizations or any other equivalent of such ownership interest.
Capital Securities has the meaning specified in the Recitals hereto.
Capital Securities shall have the meaning specified in the first recital of this Guarantee Agreement.