Equity Security Units definition

Equity Security Units means the collective rights and obligations of a Holder of an Equity Security Unit Certificate in respect of a Note or the appropriate Applicable Ownership Interest in the Treasury Portfolio or the Tax Event Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof, and the related Purchase Contract.
Equity Security Units means the 8.25% Equity Security
Equity Security Units means those certain units consisting of (a) equity security interests issued pursuant to that certain Purchase Contract Agreement dated as of May 28, 2002 between Toys “R” Us, Inc. and The Bank of New York, as purchase contract agent and (b) senior notes due 2007 issued pursuant to that certain Indenture, as amended as of May 28, 2002, between Toys “R” Us, Inc. and The Bank of New York, as trustee.

Examples of Equity Security Units in a sentence

  • In the absence of specific instructions from the Holder of an Equity Security Unit, the Agent shall abstain from voting the Pledged Note underlying such Equity Security Units.

  • Upon the written request of the Holders of Equity Security Units on such record date, the Agent shall endeavor insofar as practicable to vote or cause to be voted, in accordance with the instructions set forth in such requests, the maximum number of Pledged Notes as to which any particular voting instructions are received.

  • Capital Trust Certificates of Prudential Financial Capital Trust I (element of Equity Security Units).

  • The Company hereby agrees, if applicable, to solicit Holders of Equity Security Units to timely instruct the Agent in order to enable the Agent to vote such Pledged Notes.

  • The Contractor shall provide appropriate trash and rubbish containers as necessary to properly contain and safely store all rubbish from his activities.

  • The Exchangeable Securities IPO will be a primary offering of % Equity Security Units (the “Exchangeable Securities”) by Lazard Ltd and FinanceCo. The net proceeds of the Exchangeable Securities IPO (including from the exercise of any Exchangeable Securities Over-allotment Option) will be used by FinanceCo to purchase the Lazard Group Exchangeable Debt Securities.

  • Debentures due 1998 (C$200 million) (1) $ -- $ 156 Unsecured term bank loans, due 1998 to 1999, with a weighted average interest rate of 4.81% -- 155 6.5% Debentures due 2003 200 200 8.35% Debentures due 2006 200 200 8.35% Debentures due 2022 200 199 6.875% Debentures due 2023 200 200 6% Swiss Franc Bonds due 2085 (SF 250 million) 162 164 7.5% Adjustable Conversion-rate Equity Security Units (2) 927 -- Other 208 158 ------ ------ 2,097 1,432 ------ ------ Joseph E.

  • The Collateral Agent shall Transfer the Tax Event Treasury Portfolio to the Collateral Account to secure the obligation of all Holders of Equity Security Units to purchase Common Stock of the Company under the Purchase Contracts constituting a part of such Equity Security Units, in substitution for the Pledged Notes.

  • Any Registrar or any other agent of the Company, or the Agent and its Affiliates, in their individual or any other capacity, may become the owner or pledgee of Equity Security Units or Stripped Units, as the case may be, and may otherwise deal with the Company, the Collateral Agent or any other Person with the same rights it would have if it were not Registrar or such other agent, or the Agent.

  • Except to the extent otherwise provided in this Agreement, the Agent assumes no obligation and shall not be subject to any liability under this Agreement, the Pledge Agreement or any Purchase Contract in respect of the obligations of the Holder of any Equity Security Units or Stripped Equity Security Units thereunder.


More Definitions of Equity Security Units

Equity Security Units means the 8.25% Equity Security --------------------- Units of the Company comprised of (A) a purchase contract under which (i) the holder of the unit agrees to purchase from the Company and the Company agrees to sell to the holder, for $50.00 in cash, a certain number of shares of Common Stock pursuant to the Purchase Contract Agreement and (ii) the Subordinated Notes Issuer will pay such holder contract adjustment payments and (B) either beneficial ownership of (i) a Preferred Security or Subordinated Note, or in certain circumstances following the occurrence of a Tax Event, the appropriate Applicable Ownership Interest of the Treasury Portfolio or (ii) following the Remarketing of the Preferred Securities pursuant to the Purchase Contract Agreement and the Remarketing Agreement, the appropriate Treasury Consideration (as defined in the Purchase Contract Agreement).
Equity Security Units the equity security units with a stated amount of $25 consisting of (a) a contract pursuant to which the holder agrees to purchase, for $25, shares of Class A common stock of Lazard Ltd on May 15, 2008 and (b) a 1/40, or 2.5%, ownership interest in a senior note of Lazard Group Finance LLC, with a principal amount of $1,000.
Equity Security Units means the units issued by Platinum Holdings granting the holder thereof a contract right to purchase common shares of Platinum Holdings in 2005 and an ownership interest in a 6.371% Senior Guaranteed Note due 2007 issued by Platinum Finance and guaranteed by Platinum Holdings and any other equity security units issued by Platinum Holdings or any of its Subsidiaries granting holders thereof similar economic rights.

Related to Equity Security Units

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Equity Securities means, with respect to any Person that is a legal entity, any and all shares of capital stock, membership interests, units, profits interests, ownership interests, equity interests, registered capital, and other equity securities of such Person, and any right, warrant, option, call, commitment, conversion privilege, preemptive right or other right to acquire any of the foregoing, or security convertible into, exchangeable or exercisable for any of the foregoing.

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Capital Stock means, for any entity, any and all shares, interests, rights to purchase, warrants, options, participations or other equivalents of or interests in (however designated) stock issued by that entity.

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Equity Stock means all classes or series of capital stock of the Company authorized under the Charter, including, without limit, its common stock, $.001 par value per share, and preferred stock, $.001 par value per share.

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.

  • Common Shares means the common shares in the capital of the Corporation;

  • Common Units is defined in the Partnership Agreement.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Equity Interests means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any such equity interest.

  • New Equity Interests means the limited liability company

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Equity Share Capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock of the Company plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion or exchange of all then outstanding Common Stock Equivalents.

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Preferred Stock Issuance means the issuance or sale by any Company of any Preferred Stock after the Closing Date.

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

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.