Cascade Trust definition
Examples of Cascade Trust in a sentence
The name of the business trust formed hereby is Boise Cascade Trust I.
The Trust created hereby shall be known as "Boise Cascade Trust I", as such name may be modified from time to time by the Administrative Trustees following written notice to the Holders of Trust Securities and the other Trustees, in which name the Trustees may conduct the business of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued.
BOISE CASCADE CORPORATION, as Depositor By: Name: Title: BNY WESTERN TRUST COMPANY, as Property Trustee By: Name: Title: THE BANK OF NEW YORK (DELAWARE), as Delaware Trustee By: Name: Title: [ ], as Administrative Trustee [ ], as Administrative Trustee THIS Certificate of Trust of Boise Cascade Trust I (the "Trust") is being duly executed and filed by Wilmington Trust Company, a Delaware business corporation, and ▇▇▇▇ ▇.
The Trust created hereby shall be known as "Boise Cascade Trust [__]", as such name may be modified from time to time by the Administrative Trustees following written notice to the Holders of Trust Securities and the other Trustees, in which name the Trustees may conduct the business of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued.
Boise Cascade Trust I, a statutory business trust formed under the laws of the state of Delaware (the "Trust"), hereby certifies that (the "Holder") is the registered owner of preferred securities of the Trust representing an undivided beneficial interest in the assets of the Trust and designated the Boise Cascade Trust I % Preferred Securities (liquidation amount $50 per Preferred Security) (the "Preferred Securities").
Pursuant to the terms of the Declaration (as defined below), Boise Cascade Trust I, a statutory business trust formed under the laws of the State of Delaware (the "Trust"), will issue 3,000,000 (3,450,000 if the Underwriters' over-allotment option pursuant to the Underwriting Agreement is exercised in full) 7.50% Preferred Securities, (the "Preferred Securities") and 7.50% common securities to the Company (the "Common Securities"), in each case having a stated liquidation value equal to the Stated Amount.
After receipt of such payment by NNI, NNI shall have a 27% interest in the remaining assets of the Cascade Trust and the Canadian Estate shall have a 73% interest in the remaining assets of the Cascade Trust.
BOISE CASCADE CORPORATION, as Depositor By: Name: Title: BNY WESTERN TRUST COMPANY, as Property Trustee By: Name: Title: THE BANK OF NEW YORK (DELAWARE), as Delaware Trustee By: Name: Title: as Administrative Trustee as Administrative Trustee THIS Certificate of Trust of Boise Cascade Trust I (the "Trust") is being duly executed and filed by Wilmington Trust Company, a Delaware business corporation, and ▇▇▇▇ ▇.
Each employer who is bound hereby, agrees that the Agreement and Declaration of Trust of the Cascade Pension Trust (Cascade Trust Agreement) established July 1, 1975, shall continue in full force and effect during the term hereof, and agrees to be bound by the terms of the Cascade Trust Agreement.
For the purpose of this Section 1.03, "ACES" means the preferred securities comprised in the 7.50% Adjustable Conversion-rate Equity Security Units issued by Boise Cascade Trust I pursuant to the Prospectus Supplement dated November 29, 2001 and recorded on the Company's Consolidated balance sheet under the heading "Company-obligated mandatorily redeemable Securities of subsidiary trust holding solely debentures of parent".