Examples of Series D Preferred Securities in a sentence
So long as there remains any Beneficiary or any Series D Preferred Securities are outstanding, this Agreement shall not be modified or amended in any manner adverse to such Beneficiary or to the holders of the Series D Preferred Securities without the consent of such Beneficiary or the holders of the Series D Preferred Securities, as the case may be.
The Institutional Trustee shall deliver such Series D Preferred Securities to the persons in whose names such Series D Preferred Securities are so registered in accordance with the instructions of the Depository Institution.
Distributions on the Series D Preferred Securities will be deferred if and for so long as PECO Energy Company ("PECO Energy") defers payments to the Partnership on the Series D Debentures (as defined below).
This Series D Preferred Securities Guarantee will not be discharged except by payment of the Series D Guarantee Payments in full (without duplication of amounts therefor paid by the Series D Trust).
Except in connection with any merger or consolidation of the Guarantor with or into another entity or any sale, transfer or lease of the Guarantor's assets to another entity, each as permitted by the Indenture, the Guarantor may not assign its rights or delegate its obligations under this Series D Preferred Securities Guarantee without the prior approval of the Preferred Holders of at least a Majority in liquidation amount of the Series D Preferred Securities then outstanding.
The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer Trust with respect to the Series D Preferred Securities and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Guarantee Agreement notwithstanding the occurrence of any event referred to in subsections (a) through (g), inclusive, of Section 5.3 hereof.
Series D Preferred Securities represent undivided beneficial ownership interests in the Series D Trust's assets, which assets consist solely of -% Junior Subordinated Deferrable Interest 3 4 Debentures, Series D, due ______ __, 2012 (the "Series D Junior Subordinated Debentures") issued by General Motors to the Series D Trust.
On the Closing Date, the Sponsor will purchase all of the Series D Common Securities issued by the Series D Trust, in an amount at least equal to 3% of the total capital of the Series D Trust, at the same time as the Series D Preferred Securities are issued in exchange for Series D 7.92% Depositary Shares in the Series D Offer.
The Guarantor shall provide to the Series D Preferred Guarantee Trustee such evidence of compliance with any conditions precedent, if any, provided for in this Series D Preferred Securities Guarantee that relate to any of the matters set forth in Section 314(c) of the Trust Indenture Act.
Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Series D Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.