Convertible Common Securities definition

Convertible Common Securities is defined in the Statement of Common Definitions.
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Convertible Common Securities means common undivided beneficial interests in the assets of Citizens Utilities Trust.
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Convertible Common Securities means the 6,186,000 Common Securities issued by Caremark Trust pursuant to the Convertible Securities Trust Agreement.
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Examples of Convertible Common Securities in a sentence

  • Nothing in the Indenture or this First Supplemental Indenture or in the Debentures, express or implied, shall give any Person, other than the parties hereto and their successors hereunder, the holders of Senior Indebtedness, the holders of Convertible Preferred Securities and Convertible Common Securities, the holders of Partnership Preferred Securities and the Holders of Debentures, any benefit or any legal or equitable right, remedy or claim under the Indenture and this First Supplemental Indenture.

  • Certificate Number Number of Common Securities [ ] [ ] Certificate Evidencing Common Securities of Superior Trust I 8 1/2% Trust Convertible Common Securities (Liquidation Amount $50 per Common Security) Superior Trust I, a statutory business trust formed under the laws of the State of Delaware (the "Trust"), hereby certifies that Superior TeleCom Inc.

  • The Common Security Certificates evidencing the Convertible Common Securities shall be substantially in the form attached hereto as Exhibit A-2, with such changes and additions thereto or deletions therefrom as may be required by ordinary usage, custom or practice.

  • Because the Eighth Circuit categorized the issue as a legal one and not a factual one, or perhaps because it read the allegations of the complaint at issue there to suggest that both commercially insured patients and patients with government insurance would pay the same amount for healthcare services, Little Rock and its progeny are distinguishable.by allegations that “the defendant was guilty of fraud, misrepresentation, intimidation or molestation .

  • If fewer than all the outstanding Securities are to be so redeemed, the Convertible Common Securities and the Convertible Preferred Securities will be redeemed Pro Rata and the Convertible Preferred Securities to be redeemed will be redeemed as described in Section 4(e)(ii) of this Annex I.

  • Certificate Number Aggregate Liquidation Amount C-1 $9,300,000 Certificate Evidencing Common Securities of HSB Capital II Convertible Common Securities (liquidation amount $1,000 per Common Security) HSB Capital II, a statutory business trust created under the laws of the State of Delaware (the "Issuer Trust"), hereby certifies that HSB GROUP, INC.

  • We also have assumed that the Declaration, the Convertible Preferred Securities, the Guarantee Agreement, the Convertible Debentures, the Indenture and the Conversion Shares will be executed in substantially the form reviewed by us and that the transactions related to the issuance of the Convertible Preferred Securities, the Convertible Common Securities, the Convertible Debentures and the Conversion Shares will be consummated in the manner contemplated by the Registration Statement.

  • October 30, 1996 Page 5 Except as set forth above, we express no opinion to any party as to the tax consequences, whether federal, state, local or foreign, of the issuance of the Convertible Debentures, the Convertible Preferred Securities, the Convertible Common Securities or of any transactions related to or contemplated by such issuance.

  • Each Holder of Convertible Preferred Securities and Convertible Common Securities, by the acceptance thereof, agrees to the provisions of the Convertible Preferred Securities Guarantee and the Convertible Common Securities Guarantee, respectively, including the subordination provisions therein and to the provisions of the Indenture.

  • A large stock of spare parts.⏹Expertise : headed by an experienced manager and supported by experienced workshop staff, field mechanics, electricians and field service foreman.⏹Systems : Preventative maintenance programme.


More Definitions of Convertible Common Securities

Convertible Common Securities has the meaning set forth in Annex C hereto.
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Related to Convertible Common Securities

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

  • 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.

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by the Borrower or its Subsidiary, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Revolving Credit Advances and all other amounts due under this Agreement.

  • Convertible Notes means the 2.75% Convertible Senior Notes of the Borrower due 2022 issued pursuant to the Convertible Notes Indenture.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

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

  • Series A Convertible Preferred Stock means the Company’s Series A Convertible Preferred Stock, par value $0.0001 per share.

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

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • 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 Common Shares means shares of the Company's Common Stock, Class A, par value $0.0005.

  • Convertible Senior Notes means the 5.50% Convertible Senior Notes of the Company due 2022 issued pursuant to the Convertible Notes Indenture.

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, par value $.01 per share, of the Company.

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

  • Series A Warrants means, collectively, the Series A Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series A Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series A Warrants shall be exercisable beginning immediately and have a term of exercise equal to six (6) months, in the form of Exhibit B-1 attached hereto.

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

  • Series B-1 Preferred Shares means the Series B-1 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 A Warrants means, collectively, the Common Stock purchase warrants 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 five (5) years, in the form of Exhibit A attached hereto.

  • Class B Warrants means the Common Stock purchase warrants 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 5 years, in the form of Exhibit C attached hereto.

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