QuIPS Preferred Securities definition

QuIPS Preferred Securities means the 6 1/2% convertible quarterly income preferred securities issued by the QuIPS Trust pursuant to the QuIPS Purchase Agreement.
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QuIPS Preferred Securities means convertible trust originated preferred -------------------------- securities issued by a QuIPS Trust substantially on the terms set forth in the QuIPS Term Sheet.
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Examples of QuIPS Preferred Securities in a sentence

  • Not permit any amendment to or modification of the --------------- QuIPS Debentures, the QuIPS Preferred Securities, either QuIPS Guarantee or the QuIPS Indenture which, in any such case, is adverse to the interests of the Lenders.

  • Not permit any amendment to or modification of --------------- the QuIPS Debentures, the QuIPS Preferred Securities, either QuIPS Guarantee or the QuIPS Indenture which, in any such case, is adverse to the interests of the Lenders.

  • Holdings will not permit any ---------------- amendment to or modification of the QuIPS Debentures, the QuIPS Preferred Securities, either QuIPS Guarantee or the QuIPS Indenture which, in any such case, is adverse to the interests of the Lenders.

  • Holdings will not permit any amendment to or modification of the QuIPS Debentures, the QuIPS Preferred Securities, either QuIPS Guarantee or the QuIPS Indenture which, in any such case, is adverse to the interests of the Lenders.

Related to QuIPS Preferred Securities

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Trust Preferred Securities has the meaning specified in the Recitals.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.