Capital PCS definition

Capital PCS means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 per Capital PCS and having the rights provided for Capital PCS in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Capital PCS has the meaning specified in Recital A.
Capital PCS. Payable on each Capital PCS Distribution Date prior to the Stock Purchase Date at the rate of 6.044% per annum, accruing for each Capital PCS from the Capital PCS Distribution Date immediately preceding its issuance. Interest Rate on Junior Subordinated Notes to the Remarketing Settlement Date: 6.044% per annum, accruing from June 19, 2007.

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of such exercise to the Holders of the Normal PCS and the Capital PCS, unless by like notice such exercise shall have been revoked.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.

Related to Capital PCS

  • Capital Projects means the acquisition of any interest in land, including improvements on the

  • Capital Project means a project consisting of the construction, rehabilitation, demolition, relocation, preservation, acquisition, or other physical improvement that is an integral part of, or is necessary for completion of a Project.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Net Capital Proceeds means the net cash proceeds received by the Partnership in connection with (i) any Sale, (ii) any borrowing or refinancing of borrowing(s) by the Partnership, (iii) any condemnation or deeding in lieu of condemnation of all or a portion of any Property, (iv) any collection in respect of property, hazard, or casualty insurance (but not business interruption insurance) or any damage award; or (v) any other transaction the proceeds of which, in accordance with generally accepted accounting principles, are considered to be capital in nature, in each case, after deduction of (a) all costs and expenses incurred by the Partnership with regard to such transactions (including, without limitation, any repayment of any indebtedness required to be repaid as a result of such transaction or which the General Partner elects to pay out of the proceeds of such transaction, together with accrued interest and premium, if any, thereon and any sales commissions or other costs or expenses due and payable to any Person in connection therewith, including to a Partner or its Affiliates), and (b) all amounts expended by the Partnership for the acquisition of additional Properties, Mortgages or other investments or for capital repairs or improvements to any Property with such cash proceeds.

  • Capital Plan means a capital plan adopted by a board of directors of an FHLBank, and approved pursuant to Section 6 of the Act.

  • Advent means Advent International Corporation.

  • LP means the aggregate quantity of Lost Production during such Month (expressed in MWh) and

  • Capital Proceeds means the gross receipts received by the Company from a Capital Transaction.

  • LLC means Limited Liability Company.

  • Asset management means a systematic process of operating and maintaining the state system of

  • TPG has the meaning set forth in the preamble.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • TCV ’ means total consolidated volume calculated as the total national volume in those classes listed on MIAX Pearl for the month for which the fees apply, excluding consolidated volume executed during the period of time in which the Exchange experiences an Exchange System Disruption (solely in the option classes of the affected Matching Engine). See the Definitions Section of the Fee Schedule.

  • Net Capital means, at any time, "net capital" computed in accordance with Rule 15c3-1.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Advisory Group has the meaning set forth in Section 9.14(c).

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Case management means a care management plan developed for a Member whose diagnosis requires timely coordination. All benefits, including travel and lodging, are limited to Covered Services that are Medically Necessary and set forth in the EOC. KFHPWA may review a Member's medical records for the purpose of verifying delivery and coverage of services and items. Based on a prospective, concurrent or retrospective review, KFHPWA may deny coverage if, in its determination, such services are not Medically Necessary. Such determination shall be based on established clinical criteria and may require Preauthorization.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Blackstone means collectively, The Blackstone Group L.P., a Delaware limited partnership, and any Affiliate thereof (excluding any natural persons and any portfolio companies of any Blackstone-sponsored fund).

  • GS shall have the meaning assigned to such term in the preamble to this Agreement.