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

  • Any approval or direction of Holders of Convertible Common Securities may be given at a separate meeting of Holders of Convertible Common Securities convened for such purpose, at a meeting of all of the Holders of Securities in the Trust or pursuant to written consent.

  • 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 Regular Trustees shall on behalf of the Trust issue one class of Convertible Preferred Securities having such terms as are set forth in Annex I hereto and one class of Convertible Common Securities having such terms as are set forth in Annex I hereto.

  • The Holders of the Convertible Common Securities are entitled, in accordance with Article V of the Declaration, to vote to appoint, remove or replace any Trustee or to increase or decrease the number of Trustees.

  • The Trust shall have no securities or other interests in the assets of the Trust other than the Convertible Preferred Securities and the Convertible Common Securities.

  • The relevant record dates for the Convertible Common Securities shall be the same record dates as for the Convertible Preferred Securities.

  • If the Property Trustee has or shall acquire any "conflicting interest" within the meaning of SECTION 310(b) of the Trust Indenture Act, the Property Trustee and the Holder of the Convertible Common Securities (as if it were the obligor referred to in SECTION 310(b) of the Trust Indenture Act) shall in all respects comply with the provisions of SECTION 310(b) of the Trust Indenture Act.

  • The Holder of the Convertible Common Securities shall be liable for all of the debts and obligations of the Trust (other than with respect to the Securities) to the extent not satisfied out of the Trust's assets.

  • 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.

  • No vote or consent of the Holders of the Convertible Common Securities will be required for the Trust to redeem and cancel Convertible Common Securities or to distribute Partnership Preferred Securities or Convertible Debentures, as the case may be, in accordance with the Declaration and the terms of the Securities.


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 has the meaning set forth in the Recitals.

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

  • 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 Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • 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 Class A Common Stock, par value $.01 per share, of the Company.

  • Convertible Senior Notes means the Borrower’s 1.00% Convertible Senior Notes in the principal amount of $287,500,000 due 2020.

  • 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, $0.01 par value per share, of the Corporation.

  • 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 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 from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A 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 £0.05 each in the capital of the Company.

  • 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, 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.

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

  • Amalco Common Shares means common shares in the capital of Amalco;

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