Capital Trust Guarantee definition

Capital Trust Guarantee means the guarantee by the Company of distributions on the Preferred Securities of a Capital Trust to the extent provided in the related Guarantee Agreement.
Capital Trust Guarantee means the Capital Trust Guarantee Agreement entered into by the Company, as guarantor, for the benefit of the holders of the Capital Trust Common Securities and the Capital Trust Preferred Securities.
Capital Trust Guarantee means the Series B Capital Trust Guarantee Agreement, dated as of _______, 1999, entered into by the Guarantor, for the benefit of the Holders of the Capital Trust Securities.

Examples of Capital Trust Guarantee in a sentence

  • Amounts available to Capital Trust for distribution to the Holders of the Capital Trust Preferred Securities will be limited to payments received by Capital Trust from Asset Trust on the Asset Trust Preferred Securities or from the Company on the Capital Trust Guarantee.

  • The ------------------------------------------------ Guarantor shall provide to the Capital Trust Guarantee Trustee such evidence of compliance with any conditions precedent, if any, provided for in this Capital Trust Guarantee that relate to any of the matters set forth in Section 314(c) of the Trust Indenture Act.

  • Upon such waiver, any such Capital Guarantee Event of Default shall cease to exist, and any Capital Guarantee Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Capital Trust Guarantee, but no such waiver shall extend to any subsequent or other default or Capital Guarantee Event of Default or impair any right consequent thereon.

  • If any amount shall be paid to the Guarantor in violation of the preceding sentence, the Guarantor agrees to hold such amount in trust for the Holders and to pay over such amount to the Capital Trust Guarantee Trustee for the benefit of the Holders.

  • Except with respect to any changes that do not adversely affect the rights of the Holders (in which case no consent of the Holders will be required), this Capital Trust Guarantee may only be amended with the prior approval of the Holders of at least a Majority in Liquidation Amount of the Capital Trust Securities.

  • The Capital Trust Guarantee Trustee makes no representations as to the validity or sufficiency of this Capital Trust Guarantee.

  • The obligation to indemnify as set forth in this Section 8.2 shall survive the termination of this Capital Trust Guarantee.

  • The right, title and interest of the Capital Trust Guarantee Trustee in and to this Capital Trust Guarantee shall automatically vest in any Successor Capital Trust Guarantee Trustee, and such vesting and succession of title shall be effective whether or not conveyancing documents have been executed and delivered pursuant to the appointment of such Successor Capital Trust Guarantee Trustee.

  • The Capital Trust Guarantee Trustee shall preserve, in as current a form as is reasonably practicable, all information contained in Lists of Holders given to it, provided that it may destroy any List of Holders previously given to it on receipt of a new List of Holders .

  • Notwithstanding anything to the contrary in the Indenture, the Company shall have the right to set-off any payment it is otherwise required to make thereunder to the extent the Company has theretofore made, or is concurrently on the date of such payment making, a related payment under the Asset Trust Guarantee or Capital Trust Guarantee.


More Definitions of Capital Trust Guarantee

Capital Trust Guarantee means, collectively, the Series A Capital Trust Guarantee and the Series B Capital Trust Guarantee.

Related to Capital Trust Guarantee

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Preferred Guarantee Trustee means Wilmington Trust Company, until a Successor Preferred Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Preferred Securities Guarantee and thereafter means each such Successor Preferred Guarantee Trustee.

  • Supplemental Trust Agreement means any trust agreement then in full force and effect which has been duly executed and delivered by the Authority and the Trustee amendatory hereof or supplemental hereto; but only if and to the extent that such Supplemental Trust Agreement is executed and delivered pursuant to the provisions hereof.

  • Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • Common Securities Guarantee means the guarantee agreement to be dated as of [ ] of the Sponsor in respect of the Common Securities.

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Supplemental Trust Deed means the supplemental trust deed which constitutes and secures, inter alia, the Notes, dated 3 November 2016 and made between the Lender, the Trustee and the agents named therein.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Successor Guarantee Trustee means a successor Guarantee Trustee possessing the qualifications to act as Guarantee Trustee under Section 4.1.

  • Debenture Indenture means the Indenture, dated as of December 1, 1989, between United Parcel Service of America, Inc. and Chemical Bank pursuant to which the 8-3/8% Debentures Due April 1, 2020 were issued, as in effect on the date of this Agreement (without giving effect to any amendment, supplement or other modification thereto, any repayment or covenant defeasance thereunder or any termination thereof), a copy of which is attached as Exhibit F hereto.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

  • Other Common Securities Guarantees shall have the same meaning as "Other Guarantees" in the Common Securities Guarantee.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • Principal Trust Deed means the principal trust deed 17 April 2013 between the Lender and the Trustee, as it may be amended or supplemented from time to time.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.