Trust Preferred Security Certificate definition

Trust Preferred Security Certificate means a certificate representing a Trust Preferred Security substantially in the form of Exhibit A-1.

Trust Preferred Security Certificate means a certificate representing a Preferred Security substantially in the form of Exhibit A-1.

Trust Preferred Security Certificate means a certificate evidencing ownership of Trust Preferred Securities, substantially in the form set forth in the Trust Agreement.

Examples of Trust Preferred Security Certificate in a sentence

• Each Trust Preferred Security Certificate shall be dated the date of its authentication.

• A transferee of a Certificate and the recipient of one or more Certificates issued in exchange for cancelled Certificates shall be entitled to the rights and subject to the obligations of a Holder hereunder upon the receipt by such transferee or recipient of a Certificate or Certificates duly executed by an Administrative Trustee and, in the case of a Trust Preferred Security Certificate, authenticated by the Property Trustee.

• A Trust Preferred Security Certificate shall not be valid until authenticated by the manual signature of an authorized officer of the Property Trustee.

• Such signature shall be conclusive evidence that a Trust Preferred Security Certificate has been authenticated under this Agreement.

• Each Trust Preferred Security Certificate shall be dated the date of its authentication by the Property Trustee.

• Each Trust Preferred Security Certificate shall be effective the date of its authentication.

• The actual Trust Preferred Security Certificate may vary substantially from this form, as contemplated by Section 7.1(b) of the form of Amended and Restated Trust Agreement.] [IF THE TRUST PREFERRED SECURITY IS TO BE A GLOBAL CERTIFICATE INSERT - This Trust Preferred Security is a Global Certificate within the meaning of the Agreement hereinafter referred to and is registered in the name of The Depository Trust Company (the "Depositary") or a nominee of the Depositary.

• Such Global Certificates shall initially be registered on the books and records of the Trust in the name of Cede & Co., the nominee of DTC, and no Trust Preferred Security Beneficial Owner will receive a definitive Trust Preferred Security Certificate representing such Trust Preferred Security Beneficial Owner's interests in such Global Certificates, except as provided in Section 9.07.

• Date: _______________________ Signature: __________________ (Sign exactly as your name appears on the other side of this Trust Preferred Security Certificate) CUSIP NO.

• Such Global Certificates shall initially be registered on the books and records of the Trust with respect to this Series 1 in the name of Cede & Co., the nominee of DTC, and no Trust Preferred Security Beneficial Owner will receive a definitive Trust Preferred Security Certificate representing such Trust Preferred Security Beneficial Owner’s interests in such Global Certificates, except SS1-42 as provided in Section 9.07.

More Definitions of Trust Preferred Security Certificate

Trust Preferred Security Certificate means a certificate in fully registered form representing a Trust Preferred Security substantially in the form of Exhibit A-1 hereto.

Trust Preferred Security Certificate has the meaning specified in the Declaration of the applicable GMAC Trust.

Trust Preferred Security Certificate means a certificate representing a Preferred Security substantially in the form of Exhibit A-1. "Trust Redemption Tax Opinion" means an opinion of nationally recognized independent tax counsel experienced in such matters that there has been a Trust Tax Event, and following such Trust Tax Event there is more than an insubstantial risk that interest payable by one or more of the Investment Affiliates with respect to the Debentures is not, or will not be, deductible by such Investment Affiliate for United States federal income tax purposes even if the Partnership Preferred Securities were distributed to the Holders of the Trust Securities in liquidation of such Holders' interests in the Trust. "Trust Securities" means the Trust Common Securities and the Trust Preferred Securities. "Trust Special Event" means a Trust Tax Event or a Trust Investment Company Event. "Trust Tax Event" means that there has been a Tax Action which relates to any of the items described in (i) through (iii) below, and that there is more than an insubstantial risk that (i) the Trust is, or will be subject to United States federal income tax with respect to income accrued or received on the Partnership Preferred Securities, (ii) the Trust is, or will be, subject to more than a DE MINIMIS amount of other taxes, duties or other governmental charges or (iii) interest payable by one or more of the Investment Affiliates with respect to the Debentures is not, or will not be, deductible by such Investment Affiliate for United States federal income tax purposes. "Trustee" or "Trustees" means each Person who has signed this Declaration as a trustee, so long as such Person shall continue in office in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed, qualified and serving as Trustees in accordance with the provisions hereof, and references herein to a Trustee or the Trustees shall refer to such Person or Persons solely in their capacity as trustees hereunder. 11