Trust Common Securities Guarantee definition

Trust Common Securities Guarantee means the Trust Common Securities Guarantee Agreement dated as of December __, 1996, entered into by the Company, as Guarantor, for the benefit of the holders of the Trust Common Securities.

Trust Common Securities Guarantee means the Trust Common Securities Guarantee Agreement as of the date hereof, by the New Guarantor for the benefit of the holders of the 7.12% Trust Originated Common Securities (the “Trust Common Securities”), as amended or supplemented from time to time.

Trust Common Securities Guarantee means the Trust Common Securities Guarantee Agreement dated as of December 17, 1996, entered into by the Company, as Guarantor, for the benefit of the holders of the Trust Common Securities.

Examples of Trust Common Securities Guarantee in a sentence

• Notwithstanding the foregoing, this Trust Common Securities Guarantee will continue to be effective or will be reinstated, as the case may be, if at any time any Holder of Trust Common Securities must restore payment of any sums paid under the Trust Common Securities or under this Trust Common Securities Guarantee.

• Except with respect to any changes that do not materially adversely affect the rights of Holders (in which case no consent of Holders will be required), this Trust Common Securities Guarantee may be amended only with the prior approval of the Holders of at least a Majority in liquidation amount of the Trust Common Securities.

• If an Indenture Event of Default has occurred and is continuing, the rights of holders of Trust Common Securities to receive Guarantee Payments under this Trust Common Securities Guarantee are subordinate to the rights of Holders of Trust Preferred Securities to receive Guarantee Payments under the Trust Preferred Securities Guarantee.

• This Trust Common Securities Guarantee is solely for the benefit of the Holders of the Trust Common Securities and, subject to Section 3.1(a), is not separately transferable from the Trust Common Securities.

• All guarantees and agreements contained in this Trust Common Securities Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Trust Common Securities then outstanding.

More Definitions of Trust Common Securities Guarantee

Trust Common Securities Guarantee means any guarantee that the Company may enter into that operates directly or indirectly for the benefit of holders of Trust Common Securities of the Trust.

Trust Common Securities Guarantee means the Trust Common Securities Guarantee Agreement, dated as of February 24, 2004, of the Sponsor with respect to the Trust Common Securities.

Trust Common Securities Guarantee means any guarantee that the Company may enter into with any Person or Persons that operate directly or indirectly for the benefit of holders of Trust Common Securities.

Trust Common Securities Guarantee means the Trust Common Securities Guarantee Agreement dated as of ____________, 1997, entered into by HEI, as Guarantor, for the benefit of the holders of the Trust Common Securities, as it may be amended or supplemented from time to time.

Trust Common Securities Guarantee means the guaranty agreement --------------------------------- to be dated as of July 30, 1998 of the Sponsor in respect to the Trust Common Securities.

Trust Common Securities Guarantee means the guarantee agreement, dated as of September 7, 1999, of the Sponsor with respect to the Trust Common Securities.

Trust Common Securities Guarantee means any guarantee that the Company may enter into with any Person or Persons that operates directly or indirectly for the benefit of holders of Trust Common Securities.