Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.
Parity Securities has the meaning set forth in Section 2.
Parity Securities shall have the meaning set forth in Section 5(a).
Examples of Parity Securities in a sentence
To the extent the Partnership declares distributions on the Series C Preferred Units and on any Parity Securities but does not make full payment of such declared distributions, the Partnership shall allocate the distribution payments on a pro rata basis among the holders of the shares of Series C Preferred Units and the holders of any Parity Securities then outstanding.
More Definitions of Parity Securities
Parity Securities means, unless the holders of some or all of the following securities are Senior Creditors by virtue of paragraph (b) of the definition of “Senior Creditors”, (i) any preference shares in the capital of the Issuer from time to time and any other securities of the Issuer ranking, or expressed to rank, pari passu with the Securities and/or such preference shares in a winding-up or administration of the Issuer as described in Condition 4(b) and/or (ii) any securities issued by any other member of the Group where the terms of the securities benefit from a guarantee or support agreement entered into by the Issuer which ranks or is expressed to rank pari passu with the Securities and/or such preference shares in a winding-up or administration of the Issuer as described in Condition 4(b);
Parity Securities has the meaning set forth in Section 16.7(b).
Parity Securities means any preference shares, securities or other obligations (including any guarantee, credit support or similar undertaking) of the Issuer ranking, or expressed to rank, pari passu with the Securities in a winding-up or administration of the Issuer.
Parity Securities shall have the meaning specified in Section 3.01(b) hereof.
Parity Securities means, (i) the most senior ranking class or classes of preference shares in our capital from time to time and any other of our securities ranking, or expressed to rank, pari passu with the Securities and/or such senior preference shares in our winding-up or administration as described under “—Subordination,” and/or (ii) any securities issued by any other member of the HSBC Group where the terms of such securities benefit from a guarantee or support agreement entered into by us which ranks or is expressed to rank pari passu with the Securities and/or such senior preference shares in our winding-up or administration as described under “—Subordination.”
Parity Securities means any class or series of capital stock, the terms of which expressly provide that such class ranks pari passu with the Series B Convertible Preferred Stock as to dividend rights and rights on the distribution of assets on any Liquidation, and includes the Series B Convertible Preferred Stock.
Parity Securities means, collectively, the Parity Guarantees, the Parity Preferred Shares and the Parity Subsidiary Securities.