Capital Trust Preferred Securities definition

Capital Trust Preferred Securities has the meaning set forth in the recitals to this Capital Trust Guarantee.
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Capital Trust Preferred Securities has the meaning specified in the Capital Declaration.
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Examples of Capital Trust Preferred Securities in a sentence

  • During the fourth quarter of 2003, Center Capital Trust I issued 18,000 Capital Trust Preferred Securities (“TP Securities”), with liquidation value of $1,000 per security, for gross proceeds of $18,000,000.

  • 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.

  • Pretti have sole voting and dispositive power as to 2,114,123 shares, of which 2,110,923 shares are issuable upon the conversion of Carriage Services Capital Trust Preferred Securities.

  • The TCA provides for “vertical remedies”: this is where interested parties, such as competitors of the beneficiary of a subsidy or trade bodies representing such companies collectively, can challenge subsidies before the courts of the UK or the EU Member States.

  • In case of any redemption at the election of Capital Trust, Capital Trust shall, at least 45 days and no more than 60 days prior to any date fixed for redemption, notify the Capital Property Trustee of such date and the aggregate liquidation amount of the Capital Trust Preferred Securities to be redeemed and provide a copy of the Redemption/Distribution Notice.

  • These Carriage Services Capital Trust Preferred Securities were redeemed as of March 13, 2014.(2) Based solely on Schedule 13G filed with the SEC on April 4, 2014.

  • Chemed Capital Trust Preferred Securities are listed on the NASDAQ Over-the-Counter Bulletin Board under the symbol CHEQP.

  • The maximum aggregate liquidation amount of Series B Capital Trust Preferred Securities that may be issued by Capital Trust is $150,000,000.

  • If a Capital Trust Enforcement Event (as defined in the Capital Trust Declaration) has occurred and is continuing under the Capital Trust Declaration, the rights of the holders of the Capital Trust Common Securities to receive Capital Guarantee Payments hereunder shall be subordinated to the rights of the holders of the Capital Trust Preferred Securities to receive payment of all amounts due and owing hereunder.

  • Upon execution and authentication, the Capital Property Trustee shall deliver such definitive Capital Trust Preferred Securities to the persons in whose names such definitive Capital Trust Preferred Securities are so registered.

Related to Capital Trust Preferred Securities

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

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

  • 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.

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

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Common Securities means the securities representing common undivided beneficial interests in the assets of the Issuer.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Trust Securities means the Common Securities and the Capital Securities.

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

  • Preferred Securities Certificate means a certificate evidencing ownership of Preferred Securities, substantially in the form attached as Exhibit C.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Preferred Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement.

  • Class B Preferred Stock means the Class B Preferred Stock of the Company, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Trust Common Securities means the securities representing common undivided beneficial interests in the assets of the Trust.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • 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.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Trust Securities Certificate means any one of the Common Securities Certificates or the Preferred Securities Certificates.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • 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.

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