Series A Preferred Securities definition

Series A Preferred Securities means the 9.18% Preferred Securities, Series A, issued by Torchmark Capital L.L.C. on October 11, 1994.

Series A Preferred Securities means the·% Non-Cumulative Series A Preferred Securities, par value $0.01 per share, of the Company.

Series A Preferred Securities means the undivided beneficial interests in the assets of Trust I, having a liquidation amount of $25 per security and having rights provided therefor in the Trust I Agreement.

Examples of Series A Preferred Securities in a sentence

• In the event the Corporation redeems fewer than all the outstanding Series A Preferred Securities, the shares to be redeemed shall be determined by lot, pro rata, or by such other method as the Board of Directors in its sole discretion determines.

• Until certificates representing Depositary Shares are delivered or in the event such replacement certificates are not delivered, any certificates previously representing the Series A Preferred Securities shall be deemed for all purposes to represent Depositary Shares.

• As of the time of the Conditional Exchange, all of the Series A Preferred Securities shall be cancelled and will cease to be outstanding without any further action by the Company or the holders thereof, all rights of the holders of Series A Preferred Securities as the Company’s stockholders shall cease, and such persons shall be, for all purposes, solely holders of Depositary Shares.

• Until replacement certificates representative of Depositary Shares are delivered or in the event such replacement certificates are not delivered, any certificates previously representing Series A Preferred Securities shall be deemed for all purposes to represent Depositary Shares.

• On or after the Redemption Date, the Series A Preferred Securities called for redemption shall automatically, and without further action on the part of the holder thereof, be deemed to have been redeemed and the former holder thereof shall thereupon only be entitled to receive payment of the Redemption Price.

More Definitions of Series A Preferred Securities

Series A Preferred Securities means the securities representing limited partner interests of Met-Ed Capital, with a preference in respect of cash distributions and amounts payable on liquidation over the Voting Interests indirectly owned by the Company, the proceeds of the sale of which are used by Met-Ed Capital to purchase Series A Securities. Series A Preferred Securities also means any Preferred Securities issued by Met-Ed Capital in substitution for the Series A Preferred Securities originally issued by Met-Ed Capital.

Series A Preferred Securities has the meaning set forth in Section 6.2(a).

Series A Preferred Securities means, at any time, (i) Series A Preferred Shares, (ii) Common Shares issued upon conversion of Series A Preferred Shares, (iii) Warrants, (iv) Common Shares issued upon exercise of the Warrants and (v) Common Shares or other securities issued upon the conversion or in replacement of other Series A Preferred Securities. For purposes of this Agreement, the calculation of the number of Series A Preferred Securities shall be determined on an as-converted (or as exercised) basis into Common Shares.

Series A Preferred Securities. ’ means the 4 Series A Floating Rate Non-cumulative Guaranteed Non-voting Preferred Securities issued by the Issuer;

Series A Preferred Securities means the 8 1/4% Series A REIT Trust Originated Preferred Securities sold by IAC Capital Trust, a Delaware business trust.

Series A Preferred Securities has the meaning set forth in Section 7.1(a).

Series A Preferred Securities shall have the meaning assigned to such term in Section 2.