Series C Preferred Securities definition

Series C Preferred Securities means the Floating Rate Cumulative Series C Preferred Securities, par value $0.01 per share, of the Company.
Series C Preferred Securities means the ____% Cumulative Monthly Income Preferred Securities, Series C, representing limited partner interests of PECO Energy Capital. Unless otherwise defined herein, all other capitalized terms used herein have the meanings set forth in the Original Indenture.
Series C Preferred Securities. ’ means the U.S.$ Series C CMS-Linked Non-cumulative Guaranteed Non- voting Preferred Securities; and

Examples of Series C Preferred Securities in a sentence

  • The Series C Preferred Securities will only be issued in certificated form.

  • A withdrawing owner who wishes to withdraw Series C Preferred Securities in accordance with this Section 3.06 will be required to provide the Grantor with a completed Form W-8 or such other documents or information as are requested by the Grantor for tax reporting purposes and thereafter shall be admitted to the Grantor as a preferred partner of the Grantor upon such withdrawing owner's receipt of a certificate evidencing such Preferred Securities registered in such withdrawing owner's name.

  • PECO Energy Capital Trust II (Trust II) was created in June 1997 as a Delaware business trust solely for the purpose of issuing trust receipts (Trust II Receipts) each representing an 8.00% Cumulative Monthly Income Preferred Security, Series C (Series C Preferred Securities) of the Partnership.

  • PURCHASER: By: /s/ Xxxxxxxx Xxxx Name: Xxxxxxxx Xxxx Title: Director By: /s/ Xxxxxxxx Xxxx Name: Xxxxxxxx Xxxx Title: Director IN WITNESS WHEREOF, the parties have duly executed and delivered this Amendment No. 1 to Series C Preferred Securities Purchase Agreement as of the Effective Date.

  • The holders of the Series C Preferred Securities shall have no voting rights except as provided in the Partnership Agreement.

  • Each Purchaser receiving Exchanged Series C Preferred Securities in the Exchange acknowledges and agrees that, for purposes of Rule 144, the Exchanged Series C Preferred Securities will be deemed to have been acquired on the Closing Date and shall not assume the registered character of the Exchanged Series A Preferred Shares.

  • The holders of Series C Preferred Securities are deemed, by acceptance of such Securities, to have (i) agreed that the Series C Debentures issued pursuant to the Supplemental Indenture are subordinate and junior in right of payment to all Senior Indebtedness (as defined in the Indenture) of PECO Energy and (ii) agreed that the Guarantee relating to the Series C Preferred Securities is subordinate and junior in right of payment to all general liabilities of PECO Energy.

  • Two million (2,000,000) interests with an aggregate liquidation preference of $50,000,000 of the Preferred Partner Interests of the Partnership, liquidation preference $25 per Preferred Security, are hereby designated as "____% Cumulative Monthly Income Preferred Securities, Series C" (hereinafter the "Series C Preferred Securities").

  • At December 31, 2000, the assets of Trust II consisted solely of 2,000,000 Series C Preferred Securities with an aggregate stated liquidation preference of $50 million.

  • The Company covenants for the benefit of the Holders of the Series C Debentures to pay all of the costs and expenses of Trust III in accordance with Section 2.03(b) of the Trust III Agreement and to pay the taxes of Trust III in accordance with Section 2.03(c) of the Trust III Agreement in order to permit Trust III to make distributions on and redemptions of the Series C Preferred Securities in accordance with Article IV of the Trust III Agreement.


More Definitions of Series C Preferred Securities

Series C Preferred Securities means the undivided beneficial interests in the assets of Trust III, having a liquidation amount of $25 and having rights provided therefor in the Trust III Agreement.
Series C Preferred Securities means Series C Cumulative Preferred Securities as defined in the Written Action.

Related to Series C Preferred Securities

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

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series C Preferred means the Company's Series C Preferred Stock, par value $0.01 per share.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series C Preferred Units shall have the meaning provided in Section 1.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series A Preferred means the Series A Convertible Preferred Stock of the Company, par value $0.01 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series H Preferred Stock means the Corporation's Series H Convertible Preferred Stock, par value $0.004 per share.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • 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.

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.