Called Underlying Securities definition

Called Underlying Securities. As defined in Section 1.1(b) hereof.
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Called Underlying Securities are Underlying Securities which represent the same percentage of the Underlying Securities as the Called Certificates represent of the Class A-1 Certificates and Class A-2 Certificates.
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Called Underlying Securities shall be the Underlying Securities with a principal amount equal to $1000 per Call Warrant exercised on the related Call Date.
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Examples of Called Underlying Securities in a sentence

  • Any Warrant Holder which is the Depositor or any Affiliate of the Depositor shall receive the proceeds of the sale of the Called Underlying Securities and shall not be entitled to receive the related Called Certificates or Called Underlying Securities.

  • Any Warrant Holder which is the Depositor or any Affiliate of the Depositor shall receive the proceeds of the sale of the Called Underlying Securities and shall not be entitled to receive the related Called Certificates.

  • The Trustee shall cause the delivery of the Called Underlying Securities to the holder or its nominee no later than 1:00 p.m. (New York City time) on the applicable Warrant Exercise Date in accordance with Section 8(e) of the Series Supplement.

  • If more than one Warrant Holder exercises Call Warrants in such circumstances, such Called Underlying Securities that have been selected for redemption shall be allocated among such Warrant Holders in proportion to the number of Call Warrants exercised by each.

  • If more than one Warrantholder exercises Call Warrants in such circumstances, such Called Underlying Securities that have been selected for redemption shall be allocated among such Warrantholders in proportion to the number of Call Warrants exercised by each.

  • Upon exercise of these Call Warrants, the Warrantholder shall be entitled to delivery of the Called Underlying Securities.

  • Upon exercise of the Call Warrants, the Warrantholder shall be entitled to delivery of the Called Underlying Securities.

  • If a Warrant Holder exercises Call Warrants in connection with a partial redemption of the Underlying Securities, the Trustee shall, to the extent possible, select Called Underlying Securities for transfer to the Warrant Holder that have been selected by the Underlying Securities Issuer for redemption.

  • Each Call Warrant may be exercised in whole or in part; provided, that, for each Warrant Exercise Date, the exercising Warrantholder (or, if applicable, two or more affiliated Warrantholders) must purchase Called Underlying Securities in a minimum aggregate principal amount of $500,000 and multiples thereof.

  • The "Called Underlying Securities" shall be the Underlying Securities with a principal amount equal to $1000 per Call Warrant exercised on the related Call Date.


More Definitions of Called Underlying Securities

Called Underlying Securities are Underlying Securities which represent the same percentage of the Underlying Securities as the Called Certificates represent of the Class A-1 Certificates and Class A-2 Certificates. The Warrant Agent shall notify the Trustee immediately upon its receipt of a Call Notice and upon receipt of payment of the Call Price. The Warrant Agent shall transfer the amount any paid Call Price to the Trustee in immediately available funds, for application pursuant to the Trust Agreement on the applicable Call Date (and, pending such transfer, shall hold such amount for the benefit of the Warrant Holder in a segregated trust account).
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Called Underlying Securities shall have the meaning specified in Section 1.1(b) of the Warrant Agent Agreement.
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Called Underlying Securities. The Underlying Securities which represent the same percentage of the Underlying Securities as the Called Certificates represent of the Certificates. "Closing Date": March 25, 2002. "Depositor": As defined in the recitals. "Depositor Order": As defined in the Trust Agreement. "Person": Any individual, corporation, partnership, joint venture, association, joint stock company, trust (including any beneficiary thereof), unincorporated organization or government or any agency or political subdivision thereof. "Rating Agency": ▇▇▇▇▇'▇ Investors Service, Inc. and any successor thereto. "Responsible Officer": As defined in the Trust Agreement. "Securities Act": The Securities Act of 1933, or any similar federal statute, and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time. "Trust": As defined in the recitals. "Trust Agreement": As defined in the recitals. "Trustee": As defined in the introduction to this Warrant, or any successor thereto under the Trust Agreement. "Warrant Agent": U.S. Bank Trust National Association, a national banking association, in its capacity as warrant agent hereunder, or any successor thereto. ARTICLE V -
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