Convertible Trust Preferred Securities definition

Convertible Trust Preferred Securities means the 5.5% Convertible Trust Preferred Securities, in an aggregate amount of $200,000,000 evidencing preferred undivided beneficial interests in the assets of TXI Capital Trust I.
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Convertible Trust Preferred Securities means the $650.0 million aggregate liquidation amount of 8% Convertible Trust Preferred Securities of Xerox Capital Trust I and the $1,035.0 million aggregate liquidation amount of 7 1/2% Convertible Trust Preferred Securities of Xerox Capital Trust II, in each case, as in effect on the Issue Date.
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Convertible Trust Preferred Securities is defined in the FOURTH RECITAL.
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Examples of Convertible Trust Preferred Securities in a sentence

  • During 1999, American Equity Capital Trust I ("Trust I"), a wholly-owned subsidiary of the Company, issued $26.0 million of 8% Convertible Trust Preferred Securities (the "8% Trust Preferred Securities").

  • O'Toole FOR IMMEDIATE RELEASE (513) 762-6702 Chemed Announces Offer to Exchange Convertible Trust Preferred Securities for Up to Two Million Common Shares CINCINNATI, December 23, 1999--Chemed Corporation (NYSE:CHE) today announced the commencement of an exchange offer whereby Convertible Trust Preferred Securities will be offered to Chemed's common shareholders in exchange for up to two million outstanding common shares.

  • Trust Preferred Securities of the Trust with an aggregate liquidation amount with respect to the assets of the Trust of $#, and a liquidation amount with respect to the assets of $# per Preferred Security, are hereby designated for the purposes of identification only as "[$#/#%] [Convertible] Trust Preferred Securities[, Series #]" (the "Trust Preferred Securities").

  • The Purchaser's commitment hereunder is subject to (a) the negotiation, execution and delivery of the definitive documentation evidencing the issuance and sale of the Convertible Trust Preferred Securities, (b) consummation of the Transaction, and (c) receipt by Gentiva of any consents required to be received to permit the issuance and sale of the Convertible Trust Preferred Securities, which consents shall be in full force and effect at the time of the issuance and sale.

  • Convertible Trust Preferred Securities are not eligible to participate in this Plan.

  • Please tender the Existing Preferred Securities held by you for my account as indicated below: -------------------------------------------------------------------------------- 6% Convertible Trust Preferred Securities due February 15, 2028 $____________ (Aggregate Liquidation Amount of Existing Preferred Securities) [ ] Please do not tender any Existing Preferred Securities held by you for any account.

  • NOTE F - MINORITY INTEREST In September, 1999, American Equity Capital Trust I (the "Trust"), a wholly- owned subsidiary of the Company, issued $25,970,000 of 8% Convertible Trust Preferred Securities (the "Trust Preferred Securiites").

  • This Commitment Letter and the Term Sheet are the only agreements among the parties hereto with respect to the issuance and sale of the Convertible Trust Preferred Securities and set forth the entire understanding of the parties with respect thereto.

  • Each party shall bear its own respective expenses in connection with the issuance and sale of the Convertible Trust Preferred Securities.

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


More Definitions of Convertible Trust Preferred Securities

Convertible Trust Preferred Securities means the convertible trust preferred securities that were issued on the Fourth Amendment Effective Date (or within 30 days thereafter pursuant to an exercise of the over-allotment option granted by the Borrower), in substantially the form of Exhibit D to the Convertible Trust Preferred Securities Trust Agreement, by the Trust pursuant to the Convertible Trust Preferred Securities Trust Agreement with an aggregate liquidation preference not exceedingly $46,000,000.
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Related to Convertible Trust Preferred Securities

  • Trust Preferred Securities any preferred securities issued by a Trust 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.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid 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.

  • 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 means the Common Securities and the Capital Securities.

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

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

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

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

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

  • 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.

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

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

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

  • 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 H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • 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.

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

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

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

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

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