Qualifying Treasury Securities definition

Qualifying Treasury Securities has the meaning specified in Section 10.1.
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Qualifying Treasury Securities has the meaning specified in the Declaration.
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Qualifying Treasury Securities has the meaning specified in the Trust Agreement.
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Examples of Qualifying Treasury Securities in a sentence

  • 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.

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

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

  • Without receiving any further instruction from the Property Trustee, the Collateral Agent shall, in settlement of such Stock Purchase Contracts on the Stock Purchase Date, instruct the Securities Intermediary to remit Proceeds of the Qualifying Treasury Securities and the Proceeds of the Remarketing Treasury Securities to the Company.

  • We hereby request that you instruct the Securities Intermediary, upon confirmation that such Qualifying Treasury Securities or Security Entitlements thereto have been credited to the Collateral Account, to release to the undersigned an equal Value of Pledged Trust Preferred Securities in accordance with Section 5.2 of the Collateral Agreement.

  • We hereby notify you that a Termination Event has occurred and that {the Trust Preferred Securities} {the Qualifying Treasury Securities} comprising a portion of your ownership interest in {Normal MCAPS} {Treasury MCAPS} have been released and are being held by us for your account pending receipt of transfer instructions with respect to such {Trust Preferred Securities} {Qualifying Treasury Securities} (the “Released Securities”).

  • DECLARATION OF TRUST Section 5.13(d) of the Declaration of Trust 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 Declaration of Trust 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.

  • A Holder who elects to substitute interests in the applicable Qualifying Treasury Securities for interests in the applicable Debentures, thereby creating Treasury Units, shall be responsible for any fees or expenses payable in connection therewith.

  • Section 5.13(d) of the Declaration provides for the procedures pursuant to which Holders of Corporate HITS and Treasury HITS may exchange Corporate HITS and Treasury HITS for Preferred HITS and Qualifying Treasury Securities and Section 5.14(f) of the Declaration provides for the procedures pursuant to which Holders of Corporate HITS may elect to exchange Corporate HITS in the event a Remarketing is Successful.

  • Whenever a Holder has the right to substitute Qualifying Treasury Securities, Trust Preferred Securities or Security Entitlements for any of them, as the case may be, for financial assets held in the Collateral Account, such substitution shall not constitute a novation of the security interest created hereby.


More Definitions of Qualifying Treasury Securities

Qualifying Treasury Securities means the First Qualifying Treasury Securities, the Second Qualifying Treasury Securities and the Third Qualifying Treasury Securities (each, a “Qualifying Treasury Security”), and “applicable Qualifying Treasury Securities” at any time means the Qualifying Treasury Securities comprising part of a Treasury Unit at such time.
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Qualifying Treasury Securities has the meaning specified in the Stock Purchase Contract Agreement, as in effect on the date hereof.
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Related to Qualifying Treasury Securities

  • Treasury Securities means U.S. Dollar-denominated, coupon-bearing, senior debt securities of the United States of America issued by the U.S. Treasury Department and backed by the full faith and credit of the United States of America.

  • U.S. Treasury Securities means direct obligations of the United States Treasury that are entitled to the full faith and credit of the United States.

  • Pledged Treasury Securities means Treasury Securities and security entitlements with respect thereto from time to time credited to the Collateral Account and not then released from the Pledge.

  • Treasury Security means the United States Treasury security that the Treasury Dealer determines would be appropriate to use, at the time of determination and in accordance with standard market practice, in pricing the Debentures being redeemed in a tender offer based on a spread to United States Treasury yields.

  • Subsidiary Securities collectively, the (i) investments, including Loans, acquired by a Subsidiary and delivered to the Custodian from time to time during the term of, and pursuant to the terms of, this Agreement and (ii) all dividends in kind (e.g., non-cash dividends) from the investments described in clause (i).

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Equivalent Securities with respect to a Transaction, Securities equivalent to Purchased Securities under that Transaction. If and to the extent that such Purchased Securities have been redeemed, the expression shall mean a sum of money equivalent to the proceeds of the redemption;

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Book-Entry Securities Securities maintained in the form of entries (including, without limitation, the Security Entitlements in such Securities) in the commercial book-entry system of the Fed and held for the Trustee, directly or indirectly, by any Trustee's Fed Member. Book-Entry Securities shall not include, in any event, any Certificated Security (or any Security Entitlement in any Certificated Security) held, directly or indirectly, through a Clearing Corporation.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • Investment Securities means any of the following:

  • voting equity securities means equity securities having voting power for the election of directors, whether at all times or only so long as no senior class of security has such voting power by reason of any contingency.

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market and as to which the Company or any Restricted Subsidiary is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting the foregoing requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.11, such securities shall be deemed not to have been Liquid Securities at any time.

  • APM Qualifying Securities means, with respect to an Alternative Payment Mechanism, any Debt Exchangeable for Preferred Equity or any Mandatory Trigger Provision, one or more of the following (as designated in the transaction documents for any Qualifying Capital Securities that include an Alternative Payment Mechanism or a Mandatory Trigger Provision or for any Debt Exchangeable for Preferred Equity, as applicable):

  • Replacement Securities means securities of the same issuer, class and denomination as Loaned Securities.

  • Treasury Bonds means United States Treasury Bonds or Notes.

  • Index Securities means the securities included in the 10 Uncommon Values Index from time to time.

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Qualifying Notes means, with respect to each applicable series of senior preferred debt securities, each series of senior non preferred debt securities and each series of subordinated debt securities, at any time, any securities issued directly by Banco Santander that have terms not otherwise materially less favorable to the holders of the senior preferred debt securities of such series, senior non preferred debt securities of such series or subordinated debt securities of such series than the terms of the senior preferred debt securities of such series, senior non preferred debt securities of such series or subordinated debt securities of such series, as applicable, provided that Banco Santander shall have delivered a certificate signed by two directors of Banco Santander to that effect to the Trustee not less than five Business Days prior to (x) in the case of a substitution of the senior preferred debt securities of the applicable series, the senior non preferred debt securities of any series or the subordinated debt securities of any series, as applicable, pursuant to “—Substitution and Variation”, the issue date of the relevant securities or (y) in the case of a variation of the senior preferred debt securities of the applicable series, the senior non preferred debt securities of any series or the subordinated debt securities of any series, as applicable, pursuant to “—Substitution and Variation”, the date such variation becomes effective, provided that such securities shall:

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Treasury Transactions means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price.

  • Qualifying Warrants means net share settled warrants to purchase Common Stock that have an exercise price greater than the current Market Value of the issuer’s Common Stock as of their date of issuance, that do not entitle the issuer to redeem for cash and the holders of such warrants are not entitled to require the issuer to repurchase for cash in any circumstance.