Trust Debentures definition

Trust Debentures means, collectively, the Series B Debentures, the Series C Debentures, the Series D Debentures, the Series E Debentures, the Series F Debentures, the Series G Debentures, the Series H Debentures, the Series I Debentures, the Series J Debentures, the Series K Debentures and the Series L Debentures.

Trust Debentures means, collectively, the 6.50% Debentures, the 7.75% Debentures and the 8.00% Debentures;

Trust Debentures means the 8.5% convertible subordinated debentures issued pursuant to the Trust Preferred Indenture.

Examples of Trust Debentures in a sentence

• The Company has performed, or has caused each Company Trust to perform, all of the obligations required to be performed by it and is not in default under the terms of the Company Trust Debentures or the Company Trust Preferred Securities or any agreements related thereto.

• If, in connection with any dissolution, winding-up or termination of the Trust, Debentures are distributed to Holders of the Securities as provided in this paragraph 3, the procedures set forth in paragraph 4(e) will be applicable thereto.

• All of the assets and property of the Company as set forth on Exhibit A secure this Debenture to this Debenture, in combination with all other Trust Debentures, on a pro-rata basis.

• As a result, on April 30, 2003, Superior Trust I was liquidated and the Trust Debentures were distributed directly to the holders of the trust convertible preferred securities.

• Stewardship, as the owner of the Statutory Trust Securities that are common securities, will cause the Statutory Trust (a) to remain a statutory trust, (b) to otherwise continue to be classified as a grantor trust for federal income Tax purposes, and (c) to cause each holder of Statutory Trust Securities that are preferred securities to be treated as owning an undivided beneficial interest in the Statutory Trust Debentures.

More Definitions of Trust Debentures

Trust Debentures means those certain Floating Rate Junior Subordinated Notes due 2034 issued by the Company to the TPS Trust on or about December 30, 2003.

Trust Debentures means, collectively, (a) those certain Series A Floating Rate Junior Subordinated Debenture(s) due December 31, 2032, issued by Target (or a predecessor) to TPS Trust I on or about August 30, 2002, (b) those certain Floating Rate Junior Subordinated Deferrable Interest Debenture(s) due September 15, 2035, issued by Target (or a predecessor) to TPS Trust II on or about September 15, 2005, and (c) those certain Fixed/Floating Rate Junior Subordinated Deferrable Interest Debenture(s) due December 15, 2037, issued by Target (or a predecessor) to TPS Trust III on or about September 27, 2007.

Trust Debentures has the meaning set forth in the Recitals.

Trust Debentures means the debentures issued under the Trust Indenture between Global and Montreal Trust Company of Canada, as trustee, dated as of February 15, 1995.

Trust Debentures means the [ ]% Trust Debentures Due [ ] to be issued by the Trust Debenture Issuer under the Indenture and held by the Property Trustee. A specimen certificate representing a Trust Debenture is attached hereto as Exhibit B. The Trust Debentures will be subordinate and junior in right of payment to certain other indebtedness of the Trust Debenture Issuer as set forth in the Indenture.

Trust Debentures means the Debentures deposited with the Trust as contemplated herein and by the Dealer Manager Agreement in accordance with the terms of the Exchange Agent Agreement and the Common Securities Subscription Agreement.

Trust Debentures has the meaning specified in the Trust Agreement.