Replacement Capital Securities definition

Replacement Capital Securities means securities that meet one or more of the following criteria in the determination of the Board of Directors reasonably construing the definitions and other terms of this Replacement Capital Covenant:
Replacement Capital Securities has the meaning specified in Section 2.

Examples of Replacement Capital Securities in a sentence

  • Any growth occurring in this area would be consistent with the City’s General Plan since the sites are within the current Tier 1 Urban Development Boundary and are designated for development with the adoption of the new General Plan.


More Definitions of Replacement Capital Securities

Replacement Capital Securities means Common Stock, Rights to acquire Common Stock, Mandatorily Convertible Preferred Stock and Qualifying Capital Securities. “Rights to acquire Common Stock” includes any right to acquire Common Stock, including any right to acquire Common Stock pursuant to a stock purchase plan or other plans to the extent cash proceeds are received by the Corporation.
Replacement Capital Securities means (i) Common Stock and/or (ii) securities that constitute one or more of the following (as determined by the Board of Directors reasonably construing the definitions and other terms of this Replacement Capital Covenant):
Replacement Capital Securities means:
Replacement Capital Securities means Common Stock, Mandatorily Convertible Preferred Stock, Debt Exchangeable for Equity and other securities or combinations of securities, whether in form of debt or equity of the Corporation or of a Subsidiary of the Corporation, that are of a type that qualifies as “tier 1 capitalfor bank holding companies under the risk-based capital guidelines of the Federal Reserve applicable to bank holding companies, as amended from time to time and including any successor capital regulations applicable to bank holding companies, and that, as reasonably determined in good faith by the Corporation’s Board of Directors:
Replacement Capital Securities means securities (other than PSE Common Stock, Puget Energy Common Stock, securities convertible into PSE Common Stock or Puget Energy Common Stock, Mandatorily Convertible Preferred Stock, Debt Exchangeable for Equity of the Corporation or Puget Energy, ) that meet one or more of the following criteria in the determination of the Board of Directors reasonably construing the definitions and other terms of this Replacement Capital Covenant:
Replacement Capital Securities has the meaning given in the Replacement Capital Covenant.