Holders of Securities definition

Holders of Securities means the holders of the Securities for the time being;
Holders of Securities shall receive Distributions (as defined herein) in accordance with the applicable terms of the relevant Holder's Securities. Distributions shall be made on the Preferred Securities and the Common Securities in accordance with the preferences set forth in their respective terms. If and to the extent that the Debt Security Issuer makes a payment of interest (including Compound Interest (as defined in the Indenture, if applicable) and Additional Interest (as defined in the Indenture, if applicable)), premium and/or principal on the Debt Securities held by the Property Trustee (the amount of any such payment being a "Payment Amount"), the Property Trustee shall and is directed, to the extent funds are available for that purpose, to make a distribution (a "Distribution") of the Payment Amount to Holders.
Holders of Securities or other similar term shall mean, with respect to a Registered Security, the person in whose name a particular Security shall be registered on the books of the Registrar kept for that purpose in accordance with the terms hereof and, with respect to a Bearer Security or any coupon, the bearer thereof, and the word "majority," used in connection with the term "Holder," "Securityholders" or "Holder of Securities" or other similar term, shall signify the "majority in principal amount" whether or not so expressed.

Examples of Holders of Securities in a sentence

  • The Fiscal Agent shall arrange for the publication of any notice which is to be given to the Holders of Securities and shall supply a copy thereof to each other Agent, Euroclear, Clearstream, Luxembourg and any competent authority, stock exchange and/or quotation system by which the Securities have been admitted to listing, trading and/or quotation.

  • In the event that, in accordance with Condition 4(c) (Interest Payments - Prevailing Interest Rate), the Agent Bank is required to determine the Prevailing Interest Rate on the basis of quotations provided to it by leading swap dealers in the interbank market, the Agent Bank shall not be held liable or responsible for any losses incurred by the Holders of Securities as a result of the Agent Bank's reliance upon such quotations if such quotations are subsequently found to be incorrect or inaccurate.

  • Each Paying Agent may purchase, hold and dispose of Securities, Coupons and Talons and may enter into any transaction (including, without limitation, any depository, trust or agency transaction) with the Issuer, the Guarantor, any Holders of Securities, Coupons or Talons or with any other person in the same manner as if it had not been appointed as the agent of the Issuer and the Guarantor in relation to the Securities.

  • Any notice required to be given to Holders of Securities under this Agreement shall be given in accordance with the Conditions; provided, however, that, so long as all the Securities are represented by the Temporary Global Security and/or the Permanent Global Security, notices to Holders of Securities shall be given in accordance with the terms of the Temporary Global Security and/or the Permanent Global Security.

  • The Issuer and the Guarantor (acting together) may convene a Meeting at any time, and shall be obliged to do so upon the request in writing of Holders of Securities holding not less than one twentieth of the aggregate principal amount of the outstanding Securities.

  • Holders of Coupons will be deemed for all purposes to have notice of the contents of any notice given to the Holders of Securities in accordance with this Condition.

  • Any Extraordinary Resolution duly passed shall be binding on Holders of Securities (whether or not they were present at the meeting at which such resolution was passed) and on all Holders of Coupons.

  • The Fiscal Agency Agreement contains provisions for convening meetings of Holders of Securities to consider matters affecting their interests, including the sanctioning by Extraordinary Resolution (as defined in the Fiscal Agency Agreement) of a modification of any of these Conditions.

  • No Paying Agent shall exercise any lien, right of set-off or similar claim against any person to whom it makes any payment under Clause 7.1 (Payments to Holders of Securities - Payments by Paying Agents) in respect thereof, nor shall any commission or expense be charged by it to any such person in respect thereof.

  • Such a meeting may be convened by Holders of Securities holding not less than one twentieth in principal amount of the Securities for the time being outstanding.


More Definitions of Holders of Securities

Holders of Securities by means of conference telephone or other communications equipment through which all persons participating in the meeting can hear each other, which meeting shall be attended by the Chief Executive Officer or Chief Financial Officer of the Company, or both (or such other Officers of the Company as are acting in such capacities at the time), and shall be held at such time as is reasonably agreed upon by the Company and the Holders of Securities. At each meeting, the Chief Executive Officer or Chief Financial Officer of the Company, or both (or such other Officers of the Company as are acting in such capacities at the time), shall discuss the financial performance of the Company during the fiscal year or quarter, as applicable, as well as the general state of the business and operations of the Company. The Company shall provide the Holders of Securities and the trustee with notice of each meeting (which notice may be given by press release or any other reasonable means of public communication) no less than 5 days prior to such meeting, which notice shall include the date and time of the meeting and the conference telephone or other details for the meeting.
Holders of Securities or "holders" or "registered holders" refers to persons entered in the Register as registered holders of Securities.
Holders of Securities or other similar term shall mean, with respect to a Registered Security, the Person in whose name a particular Security shall be registered

Related to Holders of Securities

  • Series of Securities means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Holders of Secured Obligations means the holders of the Secured Obligations from time to time and shall include their respective successors, transferees and assigns.

  • holder of Securities “registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  • Series of Secured Debt means each Series of Priority Lien Debt, each Series of Parity Lien Debt and each Series of Junior Lien Debt.

  • 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)).

  • Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

  • Registered Securities will have the same meaning as set forth in the Purchase Agreement.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Securityholders means the Noteholders and the Certificateholders.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • Series of Notes means the Notes and the Series of Notes secured by this Agreement as the same exist on the Effective Date, without giving effect to any amendments or modifications to said Notes or Series of Notes effected or made after any such Effective Date unless such amendments or modifications to said Notes or Series of Notes have been consented to in writing by Principal Life.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Series A Notes is defined in Section 1.

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

  • Debentureholders or “holders” means the Persons for the time being entered in the register for Debentures as registered holders of Debentures or any transferees of such Persons by endorsement or delivery;

  • Holders means the holder or holders, as the case may be, from time to time of Registrable Securities.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Covered Securities means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing.

  • Holder of Notes or other similar terms means the registered holder of any Note.

  • Junior Subordinated Notes means the $__________ aggregate principal amount of the Depositor's Series __ ____% Junior Subordinated Notes due ____ __, ____, issued pursuant to the Subordinated Indenture.

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

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.