Trust Common Security definition

Trust Common Security means the security representing an undivided common beneficial interest in the assets of the Trust.
Trust Common Security means the common security of the Trust.
Trust Common Security means an undivided beneficial ownership interest in the assets of the Trust having a Liquidation Amount of $25 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

Examples of Trust Common Security in a sentence

  • Any redemption of the Trust Preferred Securities, in whole or in part, will be at an amount equal to €1,000 per Trust Preferred Security and an amount equal to €1,000 per Trust Common Security, plus any additional amounts, if any, plus any accrued and unpaid Capital Payments (as defined in the agreement) for the then current Payment Period (as defined in the Agreement) ending on the date of redemption (the Redemption Price).

  • Your terms for billing (i.e. monthly, annually or otherwise is detailed in your order confirmation).

  • The Trust was incorporated for the sole purpose of issuing€1,000,000,000 of Trust Preferred Securities to investors and a €1,000 Trust Common Security to Deutsche Bank AG (DBAG).

  • The proceeds from the issuance of the Trust Preferred Securities and the Trust Common Security were used to purchase all of the Class B Preferred Securities from Deutsche Contingent Capital LLC IV (the Company), a majority-owned consolidated subsidiary.

  • In the case of redemption upon the occurrence of a Trust Special Redemption Event (as defined in the Agreement), the Company’s Capital Securities would be distributed, after satisfaction of the claims of the creditors, if any, on a pro rata basis to the Holders of the Trust Preferred Securities and the Holder of the Trust Common Security in liquidation of such Holders’ interest in the Trust.

  • Any redemption of the Trust Preferred Securities, in whole or in part, will be at an amount equal to €1,000 per Trust Preferred Security and an amount equal to €1,000 per Trust Common Security plus any additional amounts, if any, plus any accrued and unpaid Capital Payments (as defined in the agreement) for the then current Payment Period (as defined in the Agreement) ending on the date of redemption (the Redemption Price).

  • The Trust was incorporated for the sole purpose of issuing €300,000,000 of Trust Preferred Securities to investors and a €1,000 Trust Common Security to Deutsche Bank AG (DBAG).

  • Subject to the provisions contained in the Trust Agreement, upon redemption of the LLC Class B Preferred Securities, the Trust shall apply the Redemption Amount received in connection therewith to redeem pro rata the Trust Common Security and the Trust Preferred Securities.

  • Allocation of Net IncomeNet income is allocated to the Trust Common Security and Trust Preferred Securities as defined in the Trust Agreement.

  • Any redemption of the Trust Preferred Securities, in whole or in part, will be at an amount equal to €1,000 per Trust Preferred Security and an amount equal to €1,000 per Trust Common Security, plus any additional amounts, if any, plus any accrued and unpaid Capital Payments (as defined in the Agreement) for the then current Payment Period (as defined in the Agreement) ending on the date of redemption (the Redemption Price).


More Definitions of Trust Common Security

Trust Common Security has the meaning set forth in Section 8.1 of this Declaration.
Trust Common Security has the meaning set forth in Section 8.01 hereof.
Trust Common Security means an undivided beneficial interest in the assets of the Trust, designated the 6.613% Fixed Rate/Floating Rate Trust Common Securities (Liquidation Amount of $1,000), and having the rights provided therefor in this Declaration of Trust, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Trust Common Security has the meaning set forth in Section 8.1 of this Declaration. "Trust Common Security Certificate" means a definitive certificate in fully registered form representing a Common Security substantially in the form of Exhibit A-2.
Trust Common Security means a [ ]% Trust Common Security (Liquidation Preference $25 per Trust Common Security) issued by the Trust representing an undivided beneficial interest in the assets of the Trust having a Liquidation Preference of $25 and having the rights provided therefor in this Declaration of Trust, including the right to receive Distributions and a Liquidation Distribution as provided herein.

Related to Trust Common Security

  • Trust Company means a financial institution, corporation, or other legal entity, authorized to exercise general trust powers.

  • trust corporation means a trust corporation (as defined in the Law of Property Act 1925) or a corporation entitled to act as a trustee pursuant to applicable foreign legislation relating to trustees.

  • Trust Security means any one of the Common Securities or the Preferred Securities.

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.