Common Securityholder definition

Common Securityholder means a Holder of Common Securities.

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Common Securityholder means the Holder from time to time of the Common Securities.

Common Securityholder means a Securityholder that owns one or more Company Common Securities. Initially, TECO will be the only Common Securityholder.

Examples of Common Securityholder in a sentence

• Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Common Securityholder.

• An Administrative Trustee may be removed by the Common Securityholder at any time.

• Unless a Debenture Event of Default shall have occurred and be continuing, any Trustee may be removed at any time by Act of the Common Securityholder.

• Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed in writing between the Property Trustee and the Common Securityholder.

• There shall be no obligation of the Beneficiaries to give notice to, or obtain the consent of, the Common Securityholder with respect to the happening of any of the foregoing.

• The Common Securityholder hereby waives notice of acceptance of this Agreement and of any Obligation to which it applies or may apply, and the Common Securityholder hereby waives presentment, demand for payment, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

• Unless a Debenture Event of Default shall have occurred and be continuing, any Trustee may be removed at any time by the vote of the Common Securityholder.

• A Beneficiary may enforce this Agreement directly against the Common Securityholder and the Common Securityholder waives any right or remedy to require that any action be brought against the Issuer Trust or any other person or entity before proceeding against the Common Securityholder.

• If any Trustee shall resign, be removed or become incapable of acting as Trustee, or if a vacancy shall occur in the office of any Trustee for any cause, at a time when no Debenture Event of Default shall have occurred and be continuing, the Common Securityholder, by Act of the Common Securityholder delivered to the retiring Trustee, shall promptly appoint a successor Trustee or Trustees, and the retiring Trustee shall comply with the applicable requirements of Section 8.11.

• If an Administrative Trustee shall resign, be removed or become incapable of acting as Administrative Trustee, at a time when a Debenture Event of Default shall have occurred and be continuing, the Common Securityholder by Act of the Common Securityholder delivered to the Administrative Trustee shall promptly appoint a successor Administrative Trustee or Administrative Trustees and such successor Administrative Trustee or Trustees shall comply with the applicable requirements of Section 8.11.

More Definitions of Common Securityholder

Common Securityholder means the Person in whose name a Common Security is registered in the Securities Register.

Common Securityholder means a holder of a Common Security.

Common Securityholder means Radian Group Inc., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securityholder means RLI Corp., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securityholder means Harleysville Group Inc., in its capacity as purchaser and holder of all of the Common Securities issued by the Trust.

Common Securityholder means First Banks, Inc.