Remarketed Securities definition

Remarketed Securities means (i) so long as the Trust has not been dissolved, the Preferred Securities or (ii) if the Trust has been dissolved, the Senior Deferrable Notes.
Remarketed Securities means the Securities subject to the Remarketing, as identified to the Remarketing Agent by the Purchase Contract Agent after 11:00 a.m. on the fifth Business Day immediately preceding the Purchase Contract Settlement Date;
Remarketed Securities means the Securities subject to the Remarketing as notified to the Remarketing Agent by the Collateral Agent and the Custodial Agent, on or prior to the first Business Day prior to the Initial Remarketing (as defined below); the termRemarketing Procedures” means the procedures in connection with the Remarketing, described in the Stock Purchase Contract Agreement, the Pledge Agreement, the Declaration and, upon entry into the New Supplemental Indentures, the New Supplemental Indentures, as the case may be; the term “Remarketing” means the remarketing of the Remarketed Securities pursuant to the Remarketing Procedures; the term “Initial Remarketing” means the initial remarketing period which will begin on November 27,

Examples of Remarketed Securities in a sentence

  • The Remarketing Agent, when acting as a Remarketing Agent or in its individual or any other capacity, may, to the extent permitted by law, buy, sell, hold and deal in any of the Remarketed Securities.

  • The Remarketing Agent, acting under this Agreement, shall incur no liability to the Company or to any holder of Remarketed Securities in its individual capacity or as Remarketing Agent for any action or failure to act, on its part in connection with a Remarketing or otherwise, except if such liability is judicially determined to have resulted from the gross negligence or willful misconduct on its part.

  • The Remarketing Agents may exercise any vote or join in any action which any beneficial owner of Remarketed Securities may be entitled to exercise or take pursuant to the Indenture with like effect as if it did not act in any capacity hereunder.

  • The Remarketing Agents, when acting hereunder, or when acting in its individual or any other capacity, may, to the extent permitted by law, buy, sell, hold or deal in any of the Remarketed Securities.

  • For the performance of its services as Remarketing Agent hereunder, the Remarketing Agent shall retain from the proceeds of the Remarketing an amount equal to [25 basis points (.25%)] of the [$25] Stated Amount of the Remarketed Securities.


More Definitions of Remarketed Securities

Remarketed Securities means any share of Preferred Stock offered in a Remarketing; the term "Remarketing Procedures" means the procedures specified in Section 4 of each of the Certificates of Designations; and the term "Remarketing" means a remarketing of the Remarketed Securities pursuant to the Remarketing Procedures. In connection with any Remarketing, the Company will, to the extent required under the Securities Act of 1933, as amended from time to time, or any successor statute (the "Securities Act") and the rules and regulations as promulgated from time to time thereunder or any successor statute to the Securities Act (the "Rules"), in connection with Remarketings of Remarketed Securities, prepare and file one or more registration statements under the Securities Act with the Securities and Exchange Commission (the "Commission") relating to Remarketed Securities, and any necessary amendments thereto, and will prepare one or more prospectuses (which may be preliminary or final) complying with the requirements of the Securities Act, and any necessary supplements thereto, and setting forth or including a description of the applicable terms of the Remarketed Securities, the terms of the applicable Remarketing, a description of the Company and such other information as may be required by the Securities Act. Capitalized terms used and not defined in this Agreement shall have the meanings set forth in the Certificates of Designations, as applicable. Any reference in this Agreement to any registration statement or to any preliminary prospectus or final prospectus (or any amendments or supplements to any of the foregoing) shall be deemed to (i) refer to any such document as it may at the time be amended or supplemented and (ii) include any document filed under the Securities Exchange Act of 1934, as amended from time to time and the rules and regulations promulgated from time to time thereunder, or any successor statute (the "Exchange Act"), and at the time incorporated by reference therein.
Remarketed Securities means the Securities subject to the Remarketing as notified to the Remarketing Agents by the Collateral Agent, on or prior to the first business day prior to the date hereof.
Remarketed Securities means the First Tranche Series C Debt Securities and Second Tranche Series C Debt Securities subject to the Remarketing as notified to the Remarketing Agent by the Collateral Agent and the Custodial Agent, on or prior to the Remarketing Date; the termRemarketing Procedures” means the procedures in connection with the Remarketing, described in the Stock Purchase Contract Agreement, the Pledge Agreement and the Twentieth Supplemental Indenture, as the case may be; the term “Remarketing” means the remarketing, offering, sale and delivery of the Remarketed Securities pursuant to the Remarketing Procedures; the term “Remarketing Date” means the date on which the Remarketing Agents price the Remarketed Securities in connection with the Remarketing, such date to occur on a Business Day (as defined below) during the period that begins on, and includes, September 26, 2012 and ends on, and includes, October 9, 2012; the term “Remarketing Settlement Date” means the date on which the purchase and sale of the Remarketed Securities closes and the delivery of such Remarketed Securities is made against payment therefor, such date to occur on a Business Day during the period that begins on, and includes, October 2, 2012 and ends on, and includes, October 10, 2012; and the term “Successful Remarketing” means a Remarketing that (i) was conducted in accordance with Article III of the Twentieth Supplemental Indenture; (ii) by no later than 4:00 P.M., New York City time, on the Remarketing Settlement Date of such Remarketing, each Remarketed Security that is subject to such Remarketing has been sold by the Remarketing Agents; (iii) the aggregate cash gross proceeds from such sale have been delivered to such Remarketing Agents no later than 4:00 P.M., New York City time, on such Remarketing Settlement Date; and (iv) such aggregate cash gross proceeds are not less than the Remarketing Price (as defined below) for such Remarketing.
Remarketed Securities means the trust preferred securities of TECO Capital Trust II relating to its 9.50% Adjustable Conversion-Rate Equity Security Units.
Remarketed Securities means (i) so long as the Trust has not been liquidated, the Preferred Securities or (ii) if the Trust has been liquidated, the Debentures.
Remarketed Securities means (i) so long as the Trust has not been dissolved in accordance with the terms hereof, the Preferred Securities or (ii) if the Trust has been dissolved in accordance with the terms hereof, the Notes. "Remarketing" means the remarketing of the Remarketed Securities by the Remarketing Agent pursuant to the Remarketing Agreement.
Remarketed Securities means the securities remarketed pursuant to the Declaration or the Indenture, as the case may be; the term "Remarketing Procedures" means Section 7.5 of the Declaration and Section 3.12 of the Indenture; and the term "Remarketing" means the remarketing of the Remarketed Securities pursuant to the Remarketing Procedures.