Normal PCS definition

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

Examples of Normal PCS in a sentence

  • The Normal PCS are transferable on the books and records of the Issuer 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).

  • FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto the within Normal PCS Certificates and all rights thereunder, hereby irrevocably constituting and appointing attorney __________________, to transfer said Normal PCS Certificates on the books of Mellon Capital IV, with full power of substitution in the premises.

  • Each Normal PCS represents a beneficial interest in Mellon Capital IV (the “Issuer Trust”), having a Liquidation Amount of $1,000.

  • 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 12.9, notice of such exercise to the Holders of the Normal PCS and the Capital PCS, unless by like notice such exercise shall have been revoked.

  • TRUST AGREEMENT Section 5.13(d) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS and Stripped PCS may exchange them for Normal PCS and Qualifying Treasury Securities and Section 5.14(f) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS may elect to dispose of Capital PCS in the event a Remarketing is Successful.

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

  • For all purposes of this Trust Agreement, unless the context otherwise requires, all provisions relating to the redemption of Normal PCS shall relate, in the case of any Normal PCS redeemed or to be redeemed only in part, to the portion of the aggregate Liquidation Amount of Normal PCS that has been or is to be redeemed.

  • Upon written instruction of the Depositor (accompanied by a notice prepared in accordance with the requirements of this Section 5.18), the Property Trustee will give holders of Normal PCS and Capital PCS, and will request that the Clearing Agency give to its participants holding Normal PCS or Capital PCS, notice of a Remarketing at least 21 days prior to the first day of the related Remarketing Period.

  • In addition, the Series Trustee shall provide to the holders of the Normal PCS, Trust Common Securities and Capital PCS notice of any Event of Default or event that, with the giving of notice or lapse of time, or both, would become an Event of Default with respect to the Notes within 30 days after the actual knowledge of a Responsible Officer of the Series Trustee of such Event of Default or other event.

  • All deposits, deliveries or transfers by a Holder pursuant to this Section 5.13 of Normal PCS, Capital PCS and treasury securities (including Qualifying Treasury Securities) shall be made by Book-Entry Transfer unless the recipient of such deposit, delivery or transfer expressly agrees otherwise in writing.

Related to Normal PCS

  • Normal Fare means the highest priced fare established for a first, business or economy class service during the period of applicability.

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

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

  • Normal salary means the salary that would be paid to a participating employee if that person was not participating in a Plan and includes salary expressed as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate. It includes all allowances that are paid as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate but not overtime payments and shift work penalty rates unless they are paid as a component of an annualised rate.

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

  • Normal Pregnancy or “Childbirth” means a pregnancy or childbirth that is free of complications or problems.

  • Normal Termination means termination of employment or service with the Company and Affiliates: (i) by the Optionee; (ii) upon retirement; (iii) on account of death or Disability; or (iv) by the Company, a Subsidiary or Affiliate without Cause.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Normal Business Hours means 8:00 a.m. to 5:00 p.m., EST/EDT, on Business Days.

  • Normal weekly hours of work means the established standard work times and number of hours in the workweek for the position or, if standard work times and number of hours have not been established for the position, the work times and average number of hours per week actually worked by the employee in that position over the most recent 3 months before the employer files the application for designation as a participating employer.

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

  • Normal wear and tear means deterioration that occurs without negligence, carelessness, accident, or abuse.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • 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.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Normal distribution channel means a chain of custody for

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Standard Operating Procedures or “SOP” means the procedures as specified in the Annexes or Attachments to the relevant Schedules;

  • Self-service storage facility or "facility" means any real property designed or used for the purpose of renting or leasing individual storage space to tenants who are to have access to that space for the purpose of storing and removing personal property.

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Practices means that the practice(s) seems like a logical approach to addressing a specific behavior which is becoming distinct, recognizable among Clients and clinicians in practice, or innovators in academia or policy makers; and at least one recognized expert, group of researchers or other credible individuals have endorsed the practice as worthy of attention based on outcomes; and finally, it produces specific outcomes.