Dissolution Election definition

Dissolution Election means that, as a result of the election of the Company, as Sponsor, the Trust is to be dissolved in accordance with the Declaration, and the Notes held by the Property Trustee are to be distributed to the holders of the Trust Securities issued by the Trust pro rata or in any other manner specified in the Declaration.
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Dissolution Election means that, as a result of the election of the Company, as Sponsor, the Trust is to be dissolved in accordance with the Declaration, and the Notes held by the Property Trustee are to be distributed to the holders of the Trust Securities issued by the Trust pro rata or other manner specified in the Declaration.
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Dissolution Election means the election, at any time, by the Holders of the Common Securities given in writing to the Property Trustee, to dissolve the Trust and to distribute the Debentures to holders of the Capital Securities in exchange for the Capital Securities (which election is optional and wholly within the discretion of the Holders of the Common Securities, subject to the prior approval of the Federal Reserve, if required).
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Examples of Dissolution Election in a sentence

  • If the Notes are to be issued as a Global Note in connection with the distribution of the Notes to the holders of the Capital Securities upon a Dissolution Election, the Company will use its best efforts to list such Notes on any stock exchanges on which the Capital Securities are then listed.

  • If the Notes are to be issued as a Global Note in connection with the distribution of the Notes to the holders of the Preferred Securities issued by the Trust upon a Dissolution Election, the Company will use its best efforts to list such Notes on the New York Stock Exchange, Inc.

  • If the Notes are to be issued as a Global Note in connection with the distribution of the Notes to the holders of the Capital Securities issued by the Trust upon a Dissolution Election, the Company will use its best efforts to list such Notes on any stock exchanges on which the Capital Securities are then listed.

  • If a Member makes an Impasse Dissolution Election, the Company shall be dissolved pursuant to Section 14.1 unless the Members agree in writing that the Impasse has been resolved or waived within 60 days after the expiration of the 60-day period set forth in Section 9.6(b).

  • If the Debentures are to be issued as a Global Debenture in connection with the distribution of the Debentures to the holders of the Capital Securities issued by the Trust upon a Dissolution Election, the Company will use its best efforts to list such Debentures on any stock exchanges on which the Capital Securities are then listed.

  • Australia heading towards a Double Dissolution Election in six weeks’ time.

  • At any time after a Dissolution Election Notice has been given pursuant to this Section 9.1, unless such Election Notice is withdrawn with the Approval of the Members, no Member shall deliver a Dissolution Election Notice pursuant to this Section 9.1.

  • If the Debt Securities are to be issued as a Global Debt Security in connection with the distribution of the Debt Securities to the holders of the Capital Securities upon a Dissolution Election, the Company will use its best efforts to list such Debt Securities on any stock exchanges on which the Capital Securities are then listed.


More Definitions of Dissolution Election

Dissolution Election is defined in Section 11.1.A hereof.
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Related to Dissolution Election

  • Early Opt-in Election means the occurrence of:

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Dissolution Date means, as the case may be:

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Election cycle means the period beginning on the first day persons are eligible to

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Election Date has the meaning specified in Section 312(h).

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Statewide popular election means a general election in which votes are cast for