Trust Preferred Security definition

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

Trust Preferred Security has the meaning set forth in Section 8.01(a) hereof.

Trust Preferred Security has the meaning specified in Section 7.1.

Examples of Trust Preferred Security in a sentence

• Moreover, if Participant relocates to one of the countries included in the Exhibit A, the special terms and conditions for such country will apply to Participant, to the extent the Company determines that the application of such terms and conditions is necessary or advisable in order to comply with local law or facilitate the administration of the Plan.

• The Trust Preferred Security Certificates evidencing the Trust Preferred Securities shall be substantially in the form of Exhibit A-1 to the Declaration, with such changes and additions thereto or deletions therefrom as may be required by ordinary usage, custom or practice or to conform to the rules of any stock exchange on which the Trust Preferred Securities are listed.

• Unless otherwise specified in the terms of the Trust Preferred Securities, the Trust Preferred Securities Certificates, on original issuance, will be issued in the form of one or more fully registered, global Trust Preferred Security Certificates (each a "Global Certificate"), to be delivered to DTC, the initial Clearing Agency, by, or on behalf of, the Trust.

• Copies of this Trust Agreement shall be filed with the Trustee and shall be open to inspection during business hours at the Corporate Office by any Holder of a Trust Preferred Security.

• Trust Preferred Securities Certificates and Common Securities Certificates shall not be issued in denominations representing fractions of a Trust Preferred Security or Common Security, as applicable.

More Definitions of Trust Preferred Security

Trust Preferred Security has the meaning set forth in Section 8.1(a) of this Declaration.

Trust Preferred Security has the meaning set forth in the Declaration of Trust.

Trust Preferred Security means a 6.500% Cumulative Quarterly Income Preferred Security, Series 2004 (Liquidation Preference $25 per Trust Preferred Security) issued by the Trust representing an undivided preferred beneficial interest in the assets of the Trust and having rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

Trust Preferred Security means a [ ]% Preferred Security (Liquidation Preference $[ ] per Trust Preferred Security) issued by the Trust representing an undivided preferred beneficial interest in the assets of the Trust and having rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

Trust Preferred Security as defined in the Trust Agreement relating to MetLife Capital Trust II.

Trust Preferred Security means a security representing a preferred undivided beneficial interest in the assets of the Trust with such terms as may be set out in any amendment to or amendment and restatement of this Declaration, and two or more such securities are herein referred to as "Trust Preferred Securities."

Trust Preferred Security. See the second paragraph hereof.