Examples of Trust Convertible Preferred Securities in a sentence
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.
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.
In addition, Goldman Sachs held open short positions of 74,449 Kinder Common Stock, 113,694 Warrants, and 71 shares of El Paso Energy Capital Trust I 4.75% Trust Convertible Preferred Securities (the "El Paso Trust Preferred").
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.
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.
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 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.
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").
The term "Excluded Securities" means the Common Stock of FMO (CUSIP # 000000000) and the 7.0% Trust Convertible Preferred Securities (CUSIP # 000000000 and 000000000) issued by FMO and those securities and claims specified as Excluded Securities pursuant to Section 10.1.3 and Section 19.1.4.