Normal PPS definition

Normal PPS means the 9.75% Fixed-to-Floating Rate Normal PPS (liquidation amount $1,000 per security) issued by the Trust and fully and unconditionally guaranteed by the Corporation.
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Normal PPS has the meaning specified in the Declaration of Trust.
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Normal PPS means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided for Normal PPS in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.
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Examples of Normal PPS in a sentence

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

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

  • The Normal PPS 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 Declaration of Trust (as defined below).

  • 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 PPS Certificates and all rights thereunder, hereby irrevocably constituting and appointing attorney , to transfer said Normal PPS Certificates on the books of SunTrust Preferred Capital I, with full power of substitution in the premises.

  • The Normal PPS 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).

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

  • 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 PPS and Stripped PPS, unless such notice shall have been revoked.

  • Each Normal PPS represents a beneficial interest in SunTrust Preferred Capital I (the ”Issuer Trust”), having a Liquidation Amount of $1,000.

  • For so long as Stock Purchase Contracts 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 Contract Payments, 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 PPS and the Stripped PPS, unless such exercise shall have been revoked.

  • 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 PPS Certificates and all rights thereunder, hereby irrevocably constituting and appointing attorney , to transfer said Normal PPS Certificates on the books of Xxxxx Fargo Capital XV, with full power of substitution in the premises.


More Definitions of Normal PPS

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

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

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

  • Actuarial valuation means a mathematical determination of

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Contract Value means that portion of the Contract Price adjusted to give effect to such additions or deductions as are provided for in the Contract which is properly apportion-able to the Goods or Services in question.

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

  • Actuarial Receivable means any Receivable which provides for the allocation of payments according to the "actuarial" method.

  • 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.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Normal Termination means termination of employment or service with the Company and Affiliates:

  • Interest Valuation Date means each date set out in the table below in the column entitled “Interest Valuation Dates”.

  • 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.

  • Inflation Factor means a number determined for each tax year by dividing the consumer price index for June of the tax year by the consumer price index for June 2005.

  • 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.