Convertible Common Securities definition

Convertible Common Securities is defined in the Statement of Common Definitions.
Convertible Common Securities means common undivided beneficial interests in the assets of Citizens Utilities Trust.
Convertible Common Securities has the meaning set forth in Annex C hereto.

Examples of Convertible Common Securities in a sentence

  • 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.

  • 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.

  • Counterparts 62 ANNEX I Terms of Convertible Preferred Trust Securities and Convertible Common Securities Exhibit A-1 Form of Preferred Security Exhibit A-2 Form of Common Security 6 CROSS-REFERENCE TABLE* 5 Section of Trust Indenture Section of Act of 1939 ----------- Declaration ----------- 310(a).............................................

  • EXHIBIT C THIS CERTIFICATE IS NOT TRANSFERABLE Liquidation Amount of Certificate Number Common Securities $_______________ Certificate Evidencing Convertible Common Securities of Commonwealth Bankshares Capital Trust I Common Securities (Liquidation Amount $25.00 per Common Security) Commonwealth Bankshares Capital Trust I, a statutory business trust formed under the laws of the State of Delaware (the "Trust"), hereby certifies that Commonwealth Bankshares, Inc.

  • EXHIBIT C THIS CERTIFICATE IS NOT TRANSFERABLE Liquidation Amount of Certificate Number Common Securities $_______________ Certificate Evidencing Convertible Common Securities of Commonwealth Bankshares Capital Trust I Common Securities (Liquidation Amount $5.00 per Common Security) Commonwealth Bankshares Capital Trust I, a statutory business trust formed under the laws of the State of Delaware (the "Trust"), hereby certifies that Commonwealth Bankshares, Inc.

  • Ninety-two thousand eight hundred (92,800) Common Securities of the Trust with an aggregate liquidation amount at any time outstanding with respect to the assets of the Trust of Four Million Six Hundred Forty Thousand Dollars ($4,640,000), and each with a liquidation amount with respect to the assets of the Trust of $50 per Common Security, are hereby designated as "6.50% Cumulative Quarterly Income Convertible Common Securities, Series A".

  • ANNEX I Terms of 8% Convertible Trust Preferred Securities and 8% Convertible Common Securities Exhibit A-1 Form of Preferred Security Exhibit A-2 Form of Common Security Exhibit B Form of Debenture CROSS-REFERENCE TABLE* Section of Trust Indenture Act Section of of 1939, as amended Declaration ------------------- ----------- 310(a) .

  • 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.

  • Ninety-two thousand eight hundred (92,800) Common Securities of the Trust with an aggregate liquidation amount at any time outstanding with respect to the assets of the Trust of Four Million Six Hundred Forty Thousand Dollars ($4,640,000), and each with a liquidation amount with respect to the assets of the Trust of $50 per Common Security, are hereby designated as "6 1/2% Cumulative Quarterly Income Convertible Common Securities, Series A".


More Definitions of Convertible Common Securities

Convertible Common Securities means the 6,186,000 Common Securities issued by Caremark Trust pursuant to the Convertible Securities Trust Agreement.