Special Event Treasury Portfolio definition

Special Event Treasury Portfolio has the meaning specified in the Officer’s Certificate.

Special Event Treasury Portfolio has the meaning set forth in the Purchase Contract and Pledge Agreement.

Special Event Treasury Portfolio means:

Examples of Special Event Treasury Portfolio in a sentence

• 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 Special Event Treasury Portfolio for Debt Securities as collateral.

• Pursuant to the terms of the Pledge Agreement, the Collateral Agent will apply an amount equal to the Redemption Amount of such Redemption Price to purchase on behalf of the Holders of Income PRIDES the Special Event Treasury Portfolio and promptly remit the remaining portion of such Redemption Price, if any, to the Agent for payment to the Holders of such Income PRIDES.

• In the event the Collateral Agent receives such Redemption Price, subject to the provisions of Section 4.3 hereof, the Collateral Agent will, at the written direction of the Company, apply an amount equal to the Redemption Amount of such Redemption Price to purchase from the Quotation Agent, the Special Event Treasury Portfolio and promptly remit the remaining portion of such Redemption Price to the Purchase Contract Agent for payment to the Holders of Income PRIDES.

• The Special Event 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.

• These amounts are A REMIC regular interest is treated as a debt the additional written statement.ordinary income.

More Definitions of Special Event Treasury Portfolio

Special Event Treasury Portfolio means (i) interest or principal strips of U.S. treasury securities that mature on or prior to May 31, 2012 in an aggregate amount at maturity equal to the aggregate principal amount of Debentures underlying Applicable Ownership Interests in Debentures included in the Corporate Units, and (ii) with respect to each scheduled Payment Date on the Debentures that occurs after the Special Event Redemption Date and on or prior to June 1, 2012, interest or principal strips of U.S. treasury securities which mature on or prior to such scheduled Payment Date in an aggregate amount equal at maturity to the aggregate interest payment that would be due on the aggregate principal amount of the Debentures underlying Applicable Ownership Interests in Debentures included in the Corporate Units on such Payment Date assuming that the interest rate on the Debentures has not been reset.

Special Event Treasury Portfolio means (a) if the Special Event Redemption occurs prior to the earlier of the Reset Date and February 16, 2007 (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 Debt Securities included in the Income PRIDES, and (ii) with respect to each scheduled Interest Payment Date on the Debt Securities that occurs after the Special Event Redemption and on or prior to February 16, 2007, interest or principal strips of U.S. Treasury

Special Event Treasury Portfolio means a portfolio of U.S. Treasury securities (or principal or interest strips thereof) that mature (i) on or prior to June 15, 2012 in an aggregate amount at maturity equal to the Applicable Principal Amount of Notes included in the Corporate Units and (ii) with respect to each scheduled Interest Payment Date on the Notes that occurs after the Special Event Redemption Date to, and including, the Purchase Contract Settlement Date, on or prior to each such scheduled Interest Payment Date in an aggregate amount at maturity equal to the aggregate interest payment (assuming the Coupon Rate on the Notes had not been reset to the Reset Rate) that would be due on the Applicable Principal Amount of Notes on such date.

Special Event Treasury Portfolio means (a) if the Special Event Redemption occurs prior to the earlier of the Reset Date and February 16, 2007 (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 Debt Securities included in the Income PRIDES, and (ii) with respect to each scheduled Interest Payment Date on the Debt Securities that occurs after the Special Event Redemption and on or prior to February 16, 2007, interest or principal strips of U.S. Treasury Securities which mature on or prior to that Interest Payment Date in an aggregate amount equal to the aggregate interest payment that would be due on the aggregate principal amount of the Debt Securities included in the Income PRIDES on that date assuming that interest accrued from the Special Event Redemption Date; or (b) if the Special Event Redemption occurs on or after the Reset Date or, if there is a Failed Remarketing, on or after February 16, 2007 (i) interest or principal strips of U.S. Treasury Securities that mature on or prior to February 15, 2009 (or, if the maturity date of the Debt Securities is extended to a later date, on or prior to such later maturity date) in an aggregate amount equal to the principal amount of Debt Securities outstanding, and (ii) with respect to each scheduled Interest Payment Date on the Debt Securities that occurs after the Special Event Redemption and on or before February 16, 2009 (or, if the maturity date of the Debt Securities is extended to a later date, on or prior to such later maturity date), interest or principal strips of U.S. Treasury Securities which mature on or prior to that Interest Payment Date in an aggregate amount equal to the aggregate interest payment that would be due on the aggregate principal amount of the Debt Securities outstanding on that date, assuming that interest accrued from the Special Event Redemption Date.

Special Event Treasury Portfolio means (i) U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to August 31, 2015 in an aggregate amount at maturity equal to the aggregate principal amount of Debentures underlying Applicable Ownership Interests in Debentures included in the Corporate Units, and (ii) with respect to each scheduled Payment Date on the Debentures that occurs after the Special Event Redemption Date and on or prior to September 1, 2015, U.S. Treasury securities (or principal or interest strips thereof) which mature on or prior to such scheduled Payment Date in an aggregate amount equal to the aggregate interest payment that would be due on the aggregate principal amount of the Debentures underlying Applicable Ownership Interests in Debentures included in the Corporate Units on such Payment Date assuming that the interest rate on the Debentures has not been reset.

Special Event Treasury Portfolio means a portfolio of U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to June 1, 2012 in an aggregate amount at maturity equal to the Applicable Principal Amount and with respect to each scheduled Interest Payment Date on the Notes that occurs after the Special Event Redemption Date to, and including the Purchase Contract Settlement Date, U.S. Treasury securities (or principal or interest strips thereof) that mature on or prior to the Business Day immediately preceding such scheduled Interest Payment Date in an aggregate amount at maturity equal to the aggregate interest payment (assuming no reset of the interest rate) that would be due on the Applicable Principal Amount on such date.

Special Event Treasury Portfolio. , means the Treasury portfolio to be purchased in connection with a special event redemption, which will consist of: