CTP Securities definition
Examples of CTP Securities in a sentence
Based in part upon the representations of the CTP Holders set forth in Section 3.1, the proposed amendment and restatement of the Indenture and the Declaration in the manner contemplated by this Agreement is exempt from the registration and prospectus delivery requirements of the Securities Act, and the New CTP Securities are exempt from registration and qualification under the registration, permit or qualification requirements of all applicable state securities laws.
The Company is the holder (the "CTC Holder",and together with the CTP Holders, the "Holders") of $4,650,000 in liquidation amount of 8.25% step up convertible trust common securities (the "CTC Securities," and together with the CTP Securities, the "Securities") representing undivided beneficial interests in the assets of the Trust.