Class B Preferred Securities definition

Class B Preferred Securities means noncumulative Class B Preferred Securities representing preferred ownership interests in the Company.
Sample 1Sample 2Sample 3
Class B Preferred Securities means the noncumulative Class B Preferred Securities evidencing pre- ferred ownership interests in the Company.
Sample 1Sample 2Sample 3
Class B Preferred Securities has the meaning specified in Section 10.04(a) of this Agreement.
Sample 1Sample 2Sample 3

Examples of Class B Preferred Securities in a sentence

  • The Trust has identified its investment in the Class B Preferred Securities to be variable interests and considers itself as the primary beneficiary, resulting in the consolidation of the Company.

  • The Company will have the right to redeem the Class B Preferred Securities upon the occurrence of a Special Redemption Event with respect to the Company.

  • Upon the occurrence of a Special Redemption Event with respect to the Trust, holders of the Trust Preferred Securities will be entitled to receive a corresponding number of Class B Preferred Securities.

  • The Trust does not engage in any business other than receiving and holding Class B Preferred Securities, issuing the related Trust Preferred Securities, collecting interest paid with respect to the Class B Preferred Securities, paying interest to the holders of the Trust Preferred Securities, and performing other obligations required under the Trust’s Amended and Restated Trust Agreement dated May 15, 2008 (the Agreement).

  • The terms of the Trust Preferred Securities and both the Class A and Class B Preferred Securities of the Company are not affected by the transaction.On May 25, 2018 Deutsche Postbank AG was merged into Deutsche Bank Privat- und Geschäftskunden Aktiengesellschaft.

  • The proceeds from the issuance of the Trust Preferred Securities and the Trust Common Security were used to purchase all of the Class B Preferred Securities from Deutsche Contingent Capital LLC IV (the Company), a majority-owned consolidated subsidiary.

  • No redemption of Class B Preferred Securities, whether on a Class B Payment Date, on or after the Initial Redemption Date or upon the occurrence of a Company Special Redemption Event, shall require the vote or consent of any of the Class B Preferred Securityholders.

  • The proceeds from the issuance of the Trust Preferred Securities were used to purchase all of the Class B Preferred Securities from Deutsche Postbank Funding LLC I (the Company), a majority-owned consolidated subsidiary of Deutsche Postbank Funding Trust I.

  • In the event that the provisions of this Section 16.08 take effect, still outstanding Definitive Class B Preferred Securities shall be of no further force and effect.

  • Subject to the provisions contained in the Trust Agreement, upon redemption of the LLC Class B Preferred Securities, the Trust shall apply the Redemption Amount received in connection therewith to redeem pro rata the Trust Common Security and the Trust Preferred Securities.


More Definitions of Class B Preferred Securities

Class B Preferred Securities has the meaning assigned to it in the first recital to this Class B Preferred Guarantee.
Sample 1Sample 2Sample 3
Class B Preferred Securities means the cumulative and, upon a Tier 1 Qualification Election to such extent, noncumulative Class B Preferred Securities evidencing preferred ownership interests in the Company.
Sample 1Sample 2Sample 3
Class B Preferred Securities mean the class of securities in the Company representing preferred limited liability company interests in the Company, with a liquidation amount of $25 per Class B Preferred Security.
Sample 1Sample 2
Class B Preferred Securities means the non-cumulative Class B Preferred Securities evidencing preferred ownership interests in the Company.
Sample 1Sample 2
Class B Preferred Securities means the class of preferred limited liability company interests in the Company designated as Class B, with a liquidation preference amount of € 50,000 per security.
Sample 1
Class B Preferred Securities has the meaning specified in Section 10.04.
Sample 1

Related to Class B Preferred Securities

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

  • Class B Preferred Shares means class B preferred shares of Pembina;

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

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

  • Series B Preferred Units shall have the meaning provided in Section 1.

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

  • 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.

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

  • 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.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • 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.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

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

  • 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.

  • 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.

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

  • Series C Preferred Units shall have the meaning provided in Section 1.

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

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Class A Preferred Stock means the Class A preferred stock, nominal value $0.0001 per share, of the Company.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • 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.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

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