Examples of Capital PCS in a sentence
Upon written instruction of the Depositor (accompanied by a notice prepared in accordance with the requirements of this Section 5.18), the Property Trustee will give holders of Normal PCS and Capital PCS, and will request that the Clearing Agency give to its participants holding Normal PCS or Capital PCS, notice of a Remarketing at least 21 days prior to the first day of the related Remarketing Period.
The Capital PCS are transferable on the books and records of the Issuer Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as provided in Section 5.4 of the Trust Agreement (as defined below).
The signature to this assignment must correspond with the name as it appears upon the face of the within Capital PCS Certificates in every particular, without alteration or enlargement or any change whatsoever.
For so long as Notes are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s exercise of its right to defer the payment of interest on the Notes pursuant to the Indenture, the Property Trustee or the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 12.9, notice of such exercise to the Holders of the Normal PCS and the Capital PCS, unless by like notice such exercise shall have been revoked.
TRUST AGREEMENT Section 5.13(d) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS and Stripped PCS may exchange them for Normal PCS and Qualifying Treasury Securities and Section 5.14(f) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS may elect to dispose of Capital PCS in the event a Remarketing is Successful.
Each Capital PCS represents a beneficial interest in Mellon Capital IV (the “Issuer Trust”), having a Liquidation Amount of $1,000.
Dated: Signature NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of the within Capital PCS Certificates in every particular, without alteration or enlargement or any change whatsoever.
Section 5.13(b) of the Trust Agreement provides for the procedures pursuant to which Holders of Normal PCS may exchange Normal PCS and Qualifying Treasury Securities for Stripped PCS and Capital PCS and Section 5.14(d) of the Trust Agreement provides for the procedures pursuant to which TRUST AGREEMENT Holders of Normal PCS may elect to exchange Normal PCS and Qualifying Treasury Securities for Stripped PCS and Capital PCS in the event a Remarketing is Successful.
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto (Please insert Social Security or Taxpayer I.D. or other Identifying Number of Assignee) (Please print or type name and address including Postal Zip Code of Assignee) the within Capital PCS Certificates and all rights thereunder, hereby irrevocably constituting and appointing attorney , to transfer said Capital PCS Certificates on the books of Mellon Capital IV, with full power of substitution in the premises.
COLLATERAL AGREEMENT Section 5.13(b) of the Trust Agreement provides for the procedures pursuant to which Holders of Normal PCS may exchange Normal PCS and Qualifying Treasury Securities for Stripped PCS and Capital PCS and Section 5.14(d) of the Trust Agreement provides for the procedures pursuant to which Holders of Normal PCS may elect to exchange Normal PCS and Qualifying Treasury Securities for Stripped PCS and Capital PCS in the event a Remarketing is Successful.