Capital Units definition

Capital Units means the outstanding Capital Units of the Corporation and of Morgan Stanley Finance plc. Each Capital Unit consists of a subordinated debenture issued by Morgan Stanley Finance plc and guaranteed by the Corporation on a subordinated basis, and a related purchase contract issued by the Corporation that requires the holder to purchase one depositary share representing ownership of multiple shares of the Corporation’s cumulative preferred stock.
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Capital Units means Class A Units and Class B Units.
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Capital Units means (i) in the case of a corporation, shares or corporate stock, (ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of corporate stock, (iii) in the case of a partnership, partnership interests (whether general or limited) and (iv) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person.
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Examples of Capital Units in a sentence

  • If there is more than one Curing Holder, then the purchase to be made in accordance with the immediately preceding sentence will be made pro rata between the Curing Holders based on (A) the aggregate number of Capital Units directly or indirectly owned by such Curing Holder divided by (B) the aggregate number of Capital Units directly or indirectly owned by all Curing Holders.

  • For the avoidance of doubt, if one or more Non-Defaulting Holders elect to fund a Cure Amount pursuant to Section 13.3 and, prior to the conversion of the resulting Defaulting Holder Loan into Capital Units, the Company or any Non-Defaulting Holder successfully compels the payment of the relevant amount in 115 default, then the proceeds of such payment shall be utilized to mandatorily prepay the Defaulting Holder Loan and shall not be utilized as an Equity Contribution hereunder.

  • The Capital Units to be offered to the Members in accordance with this Section 3.4(b) shall otherwise be offered in accordance with Section 3.5 and Section 3.8.

  • Each Member will have the right to fund its Capital Percentage of the aggregate Cost Overrun Contributions requested by the Board in accordance with Section 3.4(a) in consideration of the issuance to such Member of new Capital Units in each relevant subclass of Capital Units (as provided in Section 3.7) then-held by such Member pro rata among such relevant subclasses at the Base Unit Price.

  • Notwithstanding the foregoing, any Member Loans issued in connection with a Critical Funding Issue shall convert to Capital Units at the Base Unit Price on the 60th day to occur after the date of the Emergency Funding Request in connection with such Critical Funding Issue.


More Definitions of Capital Units

Capital Units means all of the Class A Units and Class B Units.
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Capital Units means any and all shares, interests, participations, or other equivalents (however designated) of capital units of the Company.
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Capital Units means, individually, the Common Units or Preferred Units, and, collectively, the Common Units and the Preferred Units.
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Capital Units means the Common Securities or Preferred Securities of the Company.
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Capital Units means, collectively, the Class A-1 Units, Class A-2 Units, Class A-3 Units, Class B-1 Units, Class B-2 Units, Class B-3 Units, and Class B-4 Units.
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Capital Units means the Class A Membership Units, the Class B Membership Units and the Class C Membership Units.
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Capital Units means the Units held by any Member other than a Class C Member.
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