Common Securities Holder definition

Common Securities Holder means U.S. Bancorp, or any successor thereto, in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Lehman Brothers Holdings Inc., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Old Kent Financial Corporation in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Examples of Common Securities Holder in a sentence

• In connection with such Direct Action, the rights of the Common Securities Holder will be subrogated to the rights of such Holder of Capital Securities to the extent of any payment made by the Debenture Issuer to such Holder of Capital Securities in such Direct Action.

• In connection with Direct Action, the rights of the Common Securities Holder will be subordinated to the rights of such Holder of Capital Securities to the extent of any payment made by the Debenture Issuer to such Holder of Common Securities in such Direct Action.

• Holders of the Preferred Securities shall have no rights to appoint or remove the Trustees, who may be appointed, removed or replaced solely by the Common Securities Holder.

• Subject to Section 7.5(k), Holders of the Preferred Securities shall have no rights to appoint or remove the Trustees, who may be appointed, removed or replaced solely by the Common Securities Holder.

• In connection with such Direct Action, the rights of the holders of the Common Securities Holder will be subrogated to the rights of such holder of Securities to the extent of any payment made by the Issuer to such holder of Securities in such Direct Action.

More Definitions of Common Securities Holder

Common Securities Holder means Dominion Resources, Inc., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means KeySpan Corporation, in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Consolidated Natural Gas Company, in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Capital One Bank in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means OGE Energy Corp., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Comerica Incorporated, or any successor thereto, in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securities Holder means Sunoco, Inc., in its capacity as purchaser and direct or indirect holder of all of the Common Securities issued by the Trust.