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.