Normal ITS definition

Normal ITS has the meaning specified in the Trust Agreement.
Normal ITS means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided for Normal ITS in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

Examples of Normal ITS in a sentence

  • Each Normal ITS represents a beneficial interest in USB Capital IX (the “Trust”), having a Liquidation Amount of $1,000.

  • The Normal ITS are transferable on the books and records of the Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as provided in Section 5.4 of the Trust Agreement (as defined below).

  • Dated: Signature NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of the within Normal ITS Certificates in every particular, without alteration or enlargement or any change whatsoever.

  • FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto (Please insert Social Security or Taxpayer I.D. or other Identifying Number of Assignee) (Please print or type name and address including Postal Zip Code of Assignee) the within Normal ITS Certificates and all rights thereunder, hereby irrevocably constituting and appointing attorney , to transfer said Normal ITS Certificates on the books of U.S. Bancorp, with full power of substitution in the premises.

  • For so long as shares of Preferred Stock are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s determination not to pay dividends on a dividend payment date, the Property Trustee shall transmit, in the manner and to the extent provided in Section 12.8, notice of such decision to the Holders of the Normal ITS and Stripped ITS, unless such notice shall have been revoked.

  • Upon written instruction of the Depositor, the Property Trustee will give holders of Normal ITS and Capital ITS, and will request that the Clearing Agency give to its participants holding Normal ITS or Capital ITS, notice of a Remarketing at least 21 days prior to the related Remarketing Date.

  • Staff TrainingA health care plan may reveal the need for some staff to have further information about a medical condition or specific training in administering a particular type of medicine, providing specific support or in dealing with emergencies.Staff should not give medicines without appropriate training from a health professional.

  • The Subject Stock Purchase Contracts shall be a number of Stock Purchase Contracts equal to 12,500 multiplied by a fraction equal to the aggregate Liquidation Amount (as defined in the Trust Agreement) of the Subject Normal ITS divided by $1,250,000,000.

  • For so long as Notes are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s exercise of its right to defer the payment of interest on the Notes pursuant to the Indenture, the Property Trustee or the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 12.8, notice of such exercise to the Holders of the Normal ITS and the Capital ITS, unless such exercise shall have been revoked.

  • Following the exchange of Subject Normal ITS for such Like Amount of Notes and Stock Purchase Contracts, the Securities Registrar shall cancel the Subject Normal ITS and such Subject Normal ITS will no longer be Outstanding for any purpose and all rights of the Holder or its Affiliate(s) with respect to such Subject Normal ITS will cease, including, but not limited to, any rights with respect to accrued but unpaid Distributions.

Related to Normal ITS

  • Dominant in its field of operation means having more than ten employees and annual gross revenues in the preceding twelve months which, if added to the annual amount of the contract awarded, exceed $500,000.

  • Normal means the condition which would have existed had no loss occurred.

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Normal Working Hours means between the hours of 7:00 AM to 5:00 PM, Monday through Friday, inclusive. Saturdays, Sundays, and County holidays are excluded.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Normal Form means a monthly annuity which is one twelfth of the amount of the member’s accrued benefit which is payable for the member’s life. If the member dies before the sum of the payments he or she receives equals his or her accumulated contributions on the annuity starting date, the named beneficiary shall receive in one lump sum the difference between the accumulated contributions at the annuity starting date and the total of the retirement income payments made to the member.

  • Retirement Age means the earlier to occur of:

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Terminal Illness means a person is diagnosed by a Physician to have a prognosis of 12 months or less to live.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Normal Retirement Benefit means an annual benefit payment in the amount of Sixty-Six Thousand Three Hundred and Seventy-Three Dollars ($66,373.00) for a period of fifteen (15) years.