CCC Trust definition

CCC Trust means each of CCC Capital I, CCC Capital II, CCC Capital III, CCC Capital IV and CCC Capital V, each a Delaware statutory business trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of Securities under this Indenture.
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Examples of CCC Trust in a sentence

  • Notwithstanding the foregoing, so long as the Holder of all Securities of any series is the Institutional Trustee of any CCC Trust, the payment of the principal of and interest (including Compounded Interest and Additional Interest, if any) on Securities of such series will be made at such place and to such account as may be designated by the Institutional Trustee.

  • Notwithstanding any payments made to such holder of Trust Securities by the Company in connection with a Direct Action, the Company shall remain obligated to pay the principal of or interest on the series of Securities held by a CCC Trust or the Institutional Trustee of a CCC Trust, and the Company shall be subrogated to the rights of the holder of such Trust Securities to the extent of any payments made by the Company to such holder in any Direct Action.

  • If Securities of any series are to be issued as a Global Security in connection with the distribution of such Securities to the holders of the Preferred Securities of a CCC Trust upon a Dissolution Event with respect to such CCC Trust, the Company will use its best efforts to list such series of Securities on the New York Stock Exchange, Inc.