Remarketing Treasury Portfolio has the meaning specified in the Officer’s Certificate.
Remarketing Treasury Portfolio means
Remarketing Treasury Portfolio means (i) interest or principal strips of U.S. Treasury Securities that mature on or prior to February 15, 2007 in an aggregate amount equal to the principal amount of the Debt Securities included in Income PRIDES, (ii) if the Reset Date occurs prior to November 16, 2006, with respect to the originally scheduled quarterly Interest Payment Date on the Debt Securities that would have occurred on November 16, 2006, interest or principal strips of U.S. Treasury Securities that mature on or prior to November 15, 2006 in an aggregate amount equal to the aggregate interest payment that would be due on November 16, 2006 on the principal amount of the Debt Securities that would have been included in Income PRIDES assuming that (A) the interest rate on the Debt Securities had not been reset to the Reset Rate and (B) interest on the Debt Securities accrued from the Reset Date to but excluding November 16, 2006, and (iii) if the Reset Date occurs prior to February 16, 2007, with respect to the originally scheduled quarterly Interest Payment Date on the Debt Securities that would have occurred on February 16, 2007, interest or principal strips of U.S. Treasury Securities that mature on or prior to February 15, 2007 in an aggregate amount equal to the aggregate interest payment that would be due on February 16, 2007 on the principal amount of the Debt Securities that would have been included in the Income PRIDES assuming that (A) the interest rate on the Debt Securities had not been reset to the Reset Rate and (B) that interest on the Debt Securities accrued from the later of the Reset Date and November 16, 2006 to but excluding February 16, 2007.
Examples of Remarketing Treasury Portfolio in a sentence
The Remarketing Agents may deduct the Remarketing Fee from any amount of Proceeds from such Remarketing in excess of sum of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price.
The Remarketing Treasury Portfolio will be substituted for the outstanding Pledged Debt Securities, and will be held by the Collateral Agent in accordance with the terms of the Pledge Agreement to secure the obligation of each Holder of an Income PRIDES to purchase the Common Stock of the Company on the Purchase Contract Settlement Date under the Purchase Contract constituting a part of such Income PRIDES.
The Company may cause to be made in any Income PRIDES Certificates thereafter to be issued such change in phraseology and form (but not in substance) as may be appropriate to reflect the substitution of the Remarketing Treasury Portfolio for Debt Securities as collateral.
The Remarketing Agent may deduct the Remarketing Fee from any amount of Proceeds from such Remarketing in excess of sum of the Remarketing Treasury Portfolio Purchase Price, plus the Separate Debentures Purchase Price.
The Remarketing Agents shall not remarket any Subject Debentures for a price less than (i) 100% of the Remarketing Treasury Portfolio Purchase Price plus the Separate Debentures Purchase Price (in the case of a Remarketing during the Period for Early Remarketing) and (ii) 100% of the aggregate principal amount of the Subject Debentures (in the case of a Remarketing during the Final Three-Day Remarketing Period), and shall not be required to purchase any Subject Debentures not successfully remarketed.
More Definitions of Remarketing Treasury Portfolio
Remarketing Treasury Portfolio means (a) interest or principal strips of U.S. Treasury Securities that mature on or prior to August 15, 2006, in an aggregate amount equal to the principal amount of the Debt Securities included in Income PRIDES; (b) if the Reset Date occurs prior to August 18, 2006 with respect to the originally scheduled quarterly interest payment date on the Debt Securities that would have occurred on August 16, 2006, interest or principal strips of U.S. Treasury Securities that mature on or prior to August 16, 2006 in an aggregate amount equal to the aggregate interest payment that would be due on August 16, 2006 on the principal amount of the Debt Securities that would have been included in Income PRIDES assuming no remarketing, assuming that the interest rate on the Debt Securities was not reset and assuming that interest on the Debt Securities accrued from the later of the Reset Date and May 16, 2006 to, but excluding August 16, 2006; and (c) if the Reset Date occurs prior to May 16, 2006, with respect to the originally scheduled quarterly interest payment date on the Debt Securities that would have occurred on May 16, 2006, interest or principal strips of U.S. Treasury Securities that mature on or prior to May 16, 2006 in an aggregate amount equal to the aggregate interest payment that would be due on May 16, 2006 on the principal amount of the Debt Securities that would have been included in the Income PRIDES assuming no remarketing, assuming no reset of the interest rate on the Debt Securities and assuming that interest on the Debt Securities accrued from the Reset Date to, but excluding, May 16, 2006.
Remarketing Treasury Portfolio shall have the meaning specified in the Purchase Contract and Pledge Agreement.
Remarketing Treasury Portfolio means:
Remarketing Treasury Portfolio means (i) interest or principal strips of U.S. Treasury securities that mature on or prior to June 1, 2012 in an aggregate amount equal to the principal amount of the Notes underlying the Corporate Units; (ii) if the Reset Effective Date occurs prior to March 1, 2012, with respect to the scheduled quarterly Interest Payment Date on the Notes that would have occurred on March 1, 2012, interest or principal strips of U.S. Treasury securities that mature on or prior to March 1, 2012 in an aggregate amount equal to the aggregate interest payment that would be due on March 1, 2012 on the principal amount of the Notes that would have been components of the Corporate Units assuming that (A) there was no Remarketing, (B) the interest rate on the Notes had not been reset to the Reset Rate and (C) interest on the Notes accrued from the Reset Effective Date to, but excluding, March 1, 2012 and (iii) with respect to the scheduled quarterly Interest Payment Date on the Notes that would have occurred on June 1, 2012, interest or principal strips of U.S. Treasury securities that mature on or prior to June 1, 2012 in an aggregate amount equal to the aggregate interest payment that would be due on June 1, 2012 on the principal amount of the Notes that would have been components of the Corporate Units assuming that (A) there was no Remarketing, (B) the interest rate on the Notes had not been reset to the Reset Rate and (C) interest on the Notes accrued from the later of the Reset Effective Date and March 1, 2012 to, but excluding, June 1, 2012.
Remarketing Treasury Portfolio means (a) interest or principal strips of U.S. Treasury Securities that mature on or prior to [_____], 200[_] in an aggregate amount equal to the principal amount of the Debt Securities included in Share Purchase Units; (b) with respect to the originally scheduled quarterly interest payment date on the Debt Securities that would have occurred on [_____], 200[_], interest or principal strips of U.S. Treasury Securities that mature on or prior to [_____], 200[_] in an aggregate amount equal to the aggregate interest payment that would be due on [_____], 200[_] on the principal amount of the Debt Securities that would have been included in Share Purchase Units assuming no remarketing and assuming that the interest rate on the Debt Securities was not reset; and (c) if the Initial Reset Date occurs prior to [_____], 200[_], with respect to the originally scheduled quarterly interest payment date on the Debt Securities that would have occurred on [_____], 200[_], interest or principal strips of U.S. Treasury Securities that mature on or prior to [_____], 200[_] in an aggregate amount equal to the aggregate interest payment that would be due on [_____], 200[_] on the principal amount of the Debt Securities that would have been included in the Share Purchase Units assuming no remarketing and assuming no reset of the interest rate on the Debt Securities and assuming that interest on the Debt Securities accrued from the Initial Reset Date to, but excluding, [_____], 200[_].
Remarketing Treasury Portfolio means (a) interest or principal strips of U.S. Treasury Securities that mature on or prior to May 15, 2006 in an aggregate amount equal to the principal amount of the Series M Notes included in Corporate Units; (b) with respect to the originally scheduled quarterly Interest Payment Date on the Series M Notes that would have occurred on May 16, 2006, interest or principal strips of U.S. Treasury Securities that mature on or prior to May 16, 2006 in an aggregate amount equal to the aggregate interest payment that would be due on May 16, 2006 on the principal amount of the Series M Notes that would have been included in Corporate Units assuming no remarketing and assuming that the interest rate on the Series M Notes was not reset; and (c) if the Initial Reset Date occurs prior to February 16, 2006, with respect to the originally scheduled quarterly Interest Payment Date on the Series M Notes that would have occurred on February 16, 2006, interest or principal strips of U.S. Treasury Securities that mature on or prior to February 16, 2006 in an aggregate amount equal to the aggregate interest payment that would be due on February 16, 2006 on the principal amount of the Series M Notes that would have been included in the Corporate Units assuming no remarketing and assuming no reset of the interest rate on the Series M Notes and assuming that interest on the Series M Notes accrued from the Initial Reset Date to, but excluding, February 16, 2006.
Remarketing Treasury Portfolio means the Treasury Portfolio to be purchased in connection with a Remarketing, which will consist of: