Examples of Book-Entry Preferred Security in a sentence
The Preferred Security Certificates, upon original issuance, will be issued in the form of a typewritten Preferred Security Certificate or Certificates representing Book-Entry Preferred Security Certificates, to be delivered to The Depository Trust Company, the initial Clearing Agency, by, or on behalf of, the Trust.
Pratt Street, 16th Floor, Baltimore, Maryland, at a.m. on , 2003 or at such other time not later than seven full business days thereafter as you and the Company determine, such time being herein referred to as the "Closing Date." The Preferred Securities will be represented by a permanent global security (each such security being referred to herein as a "Book-Entry Preferred Security"), registered in the name of The Depository Trust Company, as depositary (the "Depositary"), or a nominee of the Depositary.
Upon receipt by the Property Trustee of written notice declaring such an acceleration, or rescission and annulment thereof, by Holders of the Preferred Securities all or part of which is represented by Book-Entry Preferred Security Certificates, a record date shall be established for determining Holders of Outstanding Preferred Securities entitled to join in such notice, which record date shall be at the close of business on the day the Property Trustee receives such notice.