Corporate PIES definition

Corporate PIES means a stock purchase unit consisting of (A) a stock purchase contract under which (i) the holder of the unit will purchase from the Company, for $50.00 in cash, a certain number of shares of common stock of the Company and (ii) the Company will pay such holder contract adjustment payments and (B) beneficial ownership of a shares of this Series.
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Corporate PIES means the collective rights and obligations of a Holder of a Corporate PIES Certificate in respect of the Senior Notes or, if substituted therefore, in respect of the Treasury Portfolio Interest, in each case, subject to the Pledge thereof, and the related Purchase Contract.
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Corporate PIES has the meaning set forth in Section 1.1(d) of the Purchase Contract Agreement.
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Examples of Corporate PIES in a sentence

  • Until so exchanged, the temporary Certificates shall in all respects evidence the same benefits and the same obligations with respect to the Corporate PIES or Treasury PIES, as the case may be, evidenced thereby as definitive Certificates.

  • Each Holder from time to time of the Corporate PIES which is a Plan hereby represents that its acquisition of the Corporate PIES and the holding of the same satisfies the applicable fiduciary requirements of ERISA and that it is entitled to exemption relief from the prohibited transaction provisions of ERISA and the Code in accordance with one or more prohibited transaction exemptions or otherwise will not result in a nonexempt prohibited transaction.

  • The definitive Corporate PIES Certificates shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers of the Company executing the Corporate PIES evidenced by such Corporate PIES Certificates, consistent with the provisions of this Agreement, as evidenced by their execution thereof.

  • At the option of the Holder, Certificates may be exchanged for other Certificates, of any authorized denominations and evidencing a like number of Corporate PIES or Treasury PIES, as the case may be, upon surrender of the Certificates to be exchanged at the Corporate Trust Office.

  • Holders of the shares of this Series that are not a component of Corporate PIES wishing to have their shares of this Series remarketed shall give to the Purchase Contract Agent notice of their election prior to 11:00 a.m., New York City time on such fifth Business Day.

  • All Certificates issued upon any registration of transfer or exchange of a Certificate shall evidence the ownership of the same aggregate number of Corporate PIES or Treasury PIES, as the case may be, and be entitled to the same benefits and subject to the same obligations, under this Agreement as the Corporate PIES or Treasury PIES, as the case may be, evidenced by the Certificate surrendered upon such registration of transfer or exchange.

  • A Holder of Treasury PIES may recreate Corporate PIES by delivering to the Securities Intermediary Senior Notes with an aggregate principal amount equal to the aggregate principal amount at maturity of the Pledged Treasury Securities in exchange for the release of such Pledged Treasury Securities in accordance with the terms of the Purchase Contract Agreement and the Pledge Agreement.

  • Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice to the Purchase Contract Agent, the Collateral Agent and the Holders, at their addresses as they appear in the Corporate PIES Register.

  • Such Contract Adjustment Payments shall be payable to the Person in whose name this Corporate PIES Certificate (or a Predecessor Corporate PIES Certificate) is registered at the close of business on the Record Date for such Payment Date.

  • A Corporate PIES shall thereafter represent the right to receive the Senior Note forming a part of such Corporate PIES in accordance with the terms of the Purchase Contract Agreement and the Pledge Agreement.


More Definitions of Corporate PIES

Corporate PIES means the collective rights and obligations of a Holder of a Corporate PIES Certificate in respect of a Preferred Security, the Debentures or an appropriate Applicable Ownership Interest of the Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof, and the related Purchase Contract; provided that the appropriate Applicable Ownership Interest (as specified in clause (B) of the definition of such term) of the Treasury Portfolio shall not be subject to the Pledge.
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Corporate PIES means the collective rights and obligations of a Holder of a Corporate PIES Certificate issued in substantially the form set forth as Exhibit A hereto in the Stated Amount of $50, which represents beneficial ownership by the Holder of either (1) a 1/20th, or 5%, undivided beneficial ownership interest in $1,000 principal amount of Senior Notes, or (2) if substituted therefor in connection with a Successful Remarketing, the Pledged Treasury Portfolio Interest, which, in the case of each of clauses (1) and (2), is subject to the Pledge by the Holder pursuant to the Pledge Agreement, and the related Purchase Contract.
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Corporate PIES means a stock purchase unit consisting of (A) a stock purchase contract under which (i) the holder of the unit will purchase from the Corporation, for $50.00 in
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Corporate PIES means the collective rights and obligations of a Holder of a Corporate PIES Certificate in respect of the Shares, subject to the Pledge thereof, and the related Purchase Contract.
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Corporate PIES means a stock purchase unit consisting of (A) a stock purchase contract under which (i) the holder of the unit will purchase from the Corporation, for $50.00 in cash, a certain number of shares of common stock of the Corporation and (ii) the Corporation will pay such holder contract adjustment payments and (B) beneficial ownership of a shares of this Series.
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Corporate PIES means a stock purchase unit consisting of (A) a stock purchase contract under which (i) the holder of the unit will purchase from Industries, for $50.00 in cash, a certain number of common shares of Industries and (ii) Industries will pay such holder contract adjustment payments and (B) beneficial ownership of a Preferred Security or Debenture, or in certain circumstances following the occurrence of a Tax Event, the appropriate Applicable Ownership Interest of the Treasury Portfolio.
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Related to Corporate PIES

  • Corporate Partner means a Partner that is subject to tax under [reference to State law].

  • Corporate Headquarters means the location that is the primary center of direction, control and coordination for the company.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • corporate person means a company as defined in clause (20) of section 2 of the Companies Act, 2013 (18 of 2013), a limited liability partnership, as defined in clause (n) of sub-section (1) of section 2 of the Limited Liability Partnership Act, 2008 (6 of 2009), or any other person incorporated with limited liability under any law for the time being in force but shall not include any financial service provider;

  • Corporate Member means, corporate entity who have entered into a Membership Agreement with DOCOMO BIKESHARE, INC. under the Bicycle Rental (Sharing) system in pursuant to Article 3, such as profit corporations, non-profit corporations, public corporations, and those with juridical personality by law. Member: means, an Individual Member and a Corporate Member collectively referred to as Member.

  • Corporate Status” describes the status of a person who is or was a director, officer, employee, agent or fiduciary of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise that such person is or was serving at the express written request of the Company.

  • Corporate Documents means the Company’s Certificate of Incorporation, as amended and/or its Bylaws, as amended.

  • Corporate Entity means a bank, corporation, partnership, limited liability company, association, joint venture or other organization, whether an incorporated or unincorporated organization.

  • Corporate Officer means, with respect to the Recipient, its president; any vice president in charge of a principal business unit, division, or function (such as sales, administration or finance); any other officer who performs a policy-making function; or any other person who performs similar policy making functions for the Recipient. Executive officers of subsidiaries or parents of the Recipient may be deemed Corporate Officers of the Recipient if they perform such policy-making functions for the Recipient.

  • Corporate Secretary means the corporate secretary of the Corporation;

  • Corporate Affiliate means any parent or subsidiary corporation of the Corporation (as determined in accordance with Code Section 424), whether now existing or subsequently established.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Office of the Corporation means the executive office of the Corporation, anything in Section 131 of the General Corporation Law to the contrary notwithstanding.

  • Delaware LLC Division means the statutory division of any Delaware LLC into two or more Delaware LLCs pursuant to Section 18-217 of the Delaware Limited Liability Company Act.

  • President means the President of the Corporation.