Common Securities Guarantee definition

Common Securities Guarantee means any guarantee that the Corporation may enter into that operates directly or indirectly for the benefit of holders of Common Securities.

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Common Securities Guarantee means the guarantee agreement to be dated as of ___________, 1995 of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means the guarantee agreement to be dated as of [ ] of the Sponsor in respect of the Common Securities.

Examples of Common Securities Guarantee in a sentence

• This Common Securities Guarantee creates a guarantee of payment and not of collection.

• The Guarantor hereby waives notice of acceptance of this Common Securities Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Issuer or any other Person before proceeding against the Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

• All guarantees and agreements contained in this Common Securities Guarantee shall bind the successors, assigns, receivers, trustees and representatives of the Guarantor and shall inure to the benefit of the Holders of the Common Securities then outstanding.

• Each Holder of Preferred Securities and Common Securities, by the acceptance thereof, agrees to the provisions of the Preferred Securities Guarantee and the Common Securities Guarantee, respectively, including the subordination provisions therein and to the provisions of the Indenture.

• The Holder is entitled to the benefits of the Common Securities Guarantee to the extent provided therein.

More Definitions of Common Securities Guarantee

Common Securities Guarantee means any guarantee that the Company may enter into with any Person or Persons that operates directly or indirectly for the benefit of holders of Common Securities of Dynegy Capital Trust.

Common Securities Guarantee means the guarantee agreement dated as of February 4, 1997 of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means the Common Securities Guarantee Agreement, dated as of ________, _____ of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means the guarantee agreement to be dated as of March __, 1996 of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means the guarantee agreement to be dated as of December 20, 1996 of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means the guarantee agreement dated as of __________, _____ of the Sponsor in respect of the Common Securities.

Common Securities Guarantee means any guarantee agreement executed by the Company with respect to the Common Securities issued by a MetLife Trust pursuant to which the Company agrees to pay the guarantee payments under any such guarantee agreement to the holders of such Common Securities.