Exchange Capital Securities Guarantee definition

Exchange Capital Securities Guarantee means the Capital Securities Guarantee Agreement, issued pursuant to an Exchange Offer.
Exchange Capital Securities Guarantee means this Exchange Guarantee Agreement, as modified, amended or supplemented from time to time.

Examples of Exchange Capital Securities Guarantee in a sentence

  • Business Description: Business Description: Bank Bank SIC Codes: SIC Codes: 6000 6000 Ticker Symbol: Ticker Symbol: BNZ - Advisors: Advisors: SBC Warburg New Zealand FINANCIAL DATA (mil): - Date of LTM Fin.

  • The Exchange Capital Securities will be guaranteed (the "Exchange Capital Securities Guarantee") by The Southern Company ("Southern") pursuant to a guarantee agreement (the "Exchange Guarantee Agreement") between Southern and Bankers Trust Company, as trustee (the "Guarantee Trustee"), with respect to the payment of distributions and payments upon liquidation, redemption and otherwise to the extent set forth in the Prospectus (the "Prospectus") filed as part of the Registration Statement.

  • The Exchange Capital Securities Guarantee Trustee shall have the right at any time to seek instructions concerning the administration of this Exchange Capital Securities Guarantee from any court of competent jurisdiction.

  • The Exchange Capital Securities Guarantee Trustee makes no representation as to the validity or sufficiency of this Exchange Capital Securities Guarantee.

  • SECTION 3.3 Not Responsible for Recitals or Issuance of Exchange Capital Securities Guarantee The recitals contained in this Exchange Capital Securities Guarantee shall be taken as the statements of the Guarantor, and the Exchange Capital Securities Guarantee Trustee does not assume any responsibility for their correctness.

  • Such court may thereupon, after prescribing such notice, if any, as it may deem proper, appoint a Successor Exchange Capital Securities Guarantee Trustee.

  • We express no opinion as to the enforceability of Sections 12.01 and 13.11 of the Indenture and the corresponding provisions of the other Opinion Documents, the Debentures, the Exchange Debentures and the Exchange Capital Securities Guarantee.

  • SECTION 3.2. Certain Rights of Exchange Capital Securities Guarantee Trustee...........................

  • Upon receipt of this certificate, the Holder is bound by the Trust Agreement and is entitled to the benefits thereunder and to the benefits of the Exchange Capital Securities Guarantee to the extent provided therein.

  • In addition, any right to indemnification contained in the Opinion Documents, the Debentures, the Exchange Debentures and the Exchange Capital Securities Guarantee may be limited by the law or public policy of the State of New York and the United States.

Related to Exchange Capital Securities Guarantee

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities.

  • Common Securities Guarantee means the guarantee agreement to be dated as of [ ] of the Sponsor in respect of the Common Securities.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

  • Securities Guarantees means the Common Securities Guarantee and the Preferred Securities Guarantee.

  • Other Common Securities Guarantees shall have the same meaning as "Other Guarantees" in the Common Securities Guarantee.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Definitive Capital Securities Certificates means either or both (as the context requires) of (i) Capital Securities Certificates issued as Book-Entry Capital Securities Certificates as provided in Section 5.11, and (ii) Capital Securities Certificates issued in certificated, fully registered form as provided in Section 5.13.

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Preferred Securities Certificate means a certificate evidencing ownership of Preferred Securities, substantially in the form attached as Exhibit C.

  • Capital Securities Certificate means a certificate evidencing ownership of Capital Securities, substantially in the form attached as Exhibit D.

  • Successor Preferred Guarantee Trustee means a successor Preferred Guarantee Trustee possessing the qualifications to act as Preferred Guarantee Trustee under Section 4.1.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Common Securities Certificate means a certificate evidencing ownership of Common Securities, substantially in the form attached as Exhibit C.

  • Pledged Debt Securities has the meaning assigned to such term in Section 3.01.