Trust Convertible Preferred Securities definition

Trust Convertible Preferred Securities has the meaning specified in the Recitals.
Sample 1Sample 2Sample 3
Trust Convertible Preferred Securities means the 10% Trust Convertible Preferred Securities of the Borrower, issued pursuant to and having the terms, rights and privileges set forth in the trust documents substantially in the forms attached as exhibits to the Exchange Agreement.
Sample 1
Trust Convertible Preferred Securities means the 5 3/4% Trust Convertible Preferred Securities, guaranteed by the Borrower and convertible into common stock of the Borrower, which represent preferred undivided beneficial interests in the assets of "QUALCOMM Financial Trust I", a statutory business trust created under the laws of Delaware, and the shares of common stock, par value $10,000.00 per share of the Borrower, issuable upon conversion of the 5 3/4% Trust Convertible Preferred Securities, as amended, supplemented or otherwise modified from time to time, to the extent permitted in accordance with the Loan Documents.
Sample 1

Examples of Trust Convertible Preferred Securities in a sentence

  • So long as any Trust Convertible Preferred Securities are outstanding, the Trust shall not convert any Convertible Debentures except pursuant to a conversion request delivered to the Conversion Agent by a holder of Trust Securities.

  • If the ---------------------------------------------- Convertible Debentures are to be distributed to the holders of Trust Securities upon a Dissolution Event, the Company shall use its reasonable efforts to arrange to list, or seek approval for quotation of, such Convertible Debentures on any stock exchange or other organization on which the Trust Convertible Preferred Securities are then listed or quoted, if any.

  • The Preferred Securities shall rank pari passu with the 6 1/4% Term Income Deferrable Equity Securities of the Company and the 6-1/4% Trust Convertible Preferred Securities of the Company.

  • As of December 31, 2000, there were 10.878 million shares of common stock reserved for future issuance under the Stock Option Plan and other employee stock-based compensation plans and 2.866 million shares of common stock reserved for conversion of the 5 1/4% Trust Convertible Preferred Securities.

  • Upon the purchase by Borrower of any of its Convertible Junior Debentures, Borrower will retire or cause to be retired an equivalent dollar amount of the Trust Convertible Preferred Securities and will provide notice thereof to Agent.

  • The transactions contemplated by this Agreement (i) do not require the approval of Seller's stockholders under Delaware law and (ii) do not constitute the conveyance, transfer or lease of all or substantially all of Seller's assets substantially as an entirety under the agreements governing the 6 3/4% Convertible Subordinated Debentures due 2016 issued by a subsidiary of Seller and the 6 3/4 Trust Convertible Preferred Securities related thereto.

  • The relative benefits received by the Company and the Trust, on the one hand, and the Dealer Managers, on the other hand, in connection with the Exchange Offer shall be deemed to be in the same respective proportions as the maximum aggregate liquidation amount of the Trust Convertible Preferred Securities issuable pursuant to the Exchange Offer bears to the total Dealer Managers' fee under this Agreement attributable to the Exchange Offer payable to the Dealer Managers pursuant to this Agreement.

  • The 6 1/2% Trust Convertible Preferred Securities, issued by Hvide Capital Trust, a Delaware statutory business trust and the 6 1/2% Convertible Subordinated Debentures due June 15, 2012 issued by the Borrower to Hvide Capital Trust.

  • Leap shall issue Leap Reserve Shares to the holders of the QUALCOMM Trust Convertible Preferred Securities promptly following the exercise or conversion thereof and for no additional consideration except as may be determined otherwise by QUALCOMM.

  • In April 1998, Coltec privately placed with institutional investors $150 million (3,000,000 shares at liquidation value of $50 per Convertible Preferred Security) of 5 1/4% Trust Convertible Preferred Securities ("Convertible Preferred Securities").


More Definitions of Trust Convertible Preferred Securities

Trust Convertible Preferred Securities means the 6 1/4% Trust Convertible Preferred Securities of Unocal Capital Trust.
Sample 1
Trust Convertible Preferred Securities means the 5-3/4% Trust Convertible Preferred Securities, guaranteed by the Borrower and convertible into common stock of the Borrower, which represent preferred undivided beneficial interests in the assets of "QUALCOMM Financial Trust I," a statutory business trust created under the laws of Delaware, and the shares of common stock, par value $10,000.00 per share of the Borrower, issuable upon conversion of the 5-3/4% Trust Convertible Preferred Securities, as amended, supplemented or otherwise modified from time to time, to the extent permitted in accordance with the Loan Documents.
Sample 1
Trust Convertible Preferred Securities means the 7% Convertible Preferred Securities, Term Income Deferrable Equity Securities issued by Carriage Services Capital Trust in the aggregate liquidation amount of $93,500,000.
Sample 1
Trust Convertible Preferred Securities means the 10% Trust Convertible Preferred Securities of the Trust into which, with the prior written consent of the Agents and the Required Lenders, (i) the Blackacre Subordinated Debt may be converted, (ii) the Series A Convertible Preferred Stock may be converted and (iii) the Series B Convertible Preferred Stock may be converted.
Sample 1

Related to Trust Convertible Preferred Securities

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Series E Preferred Stock means shares of the Company’s Series E Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series E Preferred Shares means the Series E Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Series D Notes is defined in Section 1.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.001 per share.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.