Treasury Unit Certificate definition

Treasury Unit Certificate means a certificate evidencing the rights and obligations of a Holder in respect of the number of Treasury Units specified on such certificate.
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Treasury Unit Certificate means a certificate evidencing the rights and obligations of a Holder in respect of the number of Treasury Units specified on such certificate, substantially in the form of EXHIBIT B.
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Treasury Unit Certificate means a certificate evidencing the rights and obligations of a Holder in respect of the number of Treasury Units specified on such certificate. "Treasury Unit Register" and "Treasury Unit Registrar" have the respective meanings specified in Section 3.5. "Underwriting Agreement" means the Underwriting Agreement dated January 29, 2002 among the Company, FPL Group Capital, X.X. Xxxxxx Securities Inc. and Xxxxxx Brothers Inc. as representatives of the underwriters. "Vice President" means any vice president, whether or not designated by a number or a word or words added before or after the title "vice president." SECTION 1.2.
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Examples of Treasury Unit Certificate in a sentence

  • Such Contract Adjustment Payments shall be payable to the Person in whose name this Treasury Unit Certificate (or a Predecessor Treasury Unit Certificate) is registered on the Security Register at the close of business on the Record Date relating to such Payment Date.

  • Unless the certificate of authentication hereon has been executed by the Purchase Contract Agent by manual signature, this Treasury Unit Certificate shall not be entitled to any benefit under the Pledge Agreement or the Purchase Contract Agreement or be valid or obligatory for any purpose.

  • DB1/ 148045032.3 Upon the formation of a Treasury Unit pursuant to Section 3.13, each Treasury Unit Certificate shall evidence the number of Treasury Units specified therein, with each such Treasury Unit representing (1) the ownership by the Holder thereof of a 5% undivided beneficial interest in a Treasury Security, subject to the Pledge of such interest by such Holder pursuant to the Pledge Agreement, and (2) the rights and obligations of the Holder thereof and the Company under one Purchase Contract.


More Definitions of Treasury Unit Certificate

Treasury Unit Certificate means a certificate evidencing the rights and obligations of a Holder in respect of the number of Treasury Units specified on such certificate. "Treasury Unit Register" and "Treasury Unit Registrar" have the respective meanings specified in Section 3.5. "Underwriting Agreement" means the Underwriting Agreement dated June 6, 2002 relating to the offer and sale of Corporate Units among the Company, FPL Group Capital, Xxxxxxx, Xxxxx & Co. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated as representatives of the underwriters. "Vice President" means any vice president, whether or not designated by a number or a word or words added before or after the title "vice president."
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Related to Treasury Unit Certificate

  • Treasury Unit means, following the substitution of Treasury Securities for Pledged Applicable Ownership Interests in Notes as Collateral to secure a Holder’s Obligations under the Purchase Contract, the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of such Treasury Securities, subject to the Pledge thereof, and the related Purchase Contract.

  • Corporate Unit means the collective rights and obligations of a Holder of a Corporate Unit Certificate in respect of the Applicable Ownership Interest in Debentures or the Applicable Ownership Interest in the Treasury Portfolio, as the case may be, subject in each case to the Pledge thereof (except that the Applicable Ownership Interest in the Treasury Portfolio as specified in clause (ii) of the definition of such term shall not be subject to the Pledge), and the related Purchase Contract.

  • Class ___ Certificate Any one of the Certificates executed and authenticated by the Trustee or the Authenticating Agent on behalf of the Depositor in substantially the form set forth in Exhibit ____ hereto.