COMPANY COMMON SECURITIES AND COMPANY PREFERRED SECURITIES. (a) The Company Securities shall be divided into two classes, Company Common Securities and Company Preferred Securities. TECO, as the initial Common Securityholder, shall be deemed to have been issued [_______] Company Common Securities upon its designation as the Common Securityholder pursuant to Section 2.2 of this Agreement.
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Samples: Administration Agreement (Teco Energy Inc), Administration Agreement (Teco Capital Trust Iii), Administration Agreement (Teco Capital Trust Iii)
COMPANY COMMON SECURITIES AND COMPANY PREFERRED SECURITIES. (a) The Company Securities shall be divided into two classes, Company Common Securities and Company Preferred Securities. TECO, as the initial Common Securityholder, shall be deemed to have been issued [_______] 248,000 Company Common Securities upon its designation as the Common Securityholder pursuant to Section 2.2 of this Agreement.
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