Corporate SPU definition
Corporate SPU means a stock purchase unit consisting of a unit comprised 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.