Definitive Preferred Certificate definition

Definitive Preferred Certificate means a certificate representing Designated Preferred Stock registered in the name of the holder thereof and issued in accordance with Section 13 hereof, substantially in the form of Exhibit I hereto except that such Certificate shall not bear the Global Shares Legend.

Definitive Preferred Certificate means either or both (as the context requires) of (i) Preferred Securities issued as Book-Entry Preferred Certificates, and (ii) Preferred Certificates issued in certificated, fully registered form.

Examples of Definitive Preferred Certificate in a sentence

• No service charge will be made to a holder of a beneficial interest in a Global Preferred Certificate or to a holder of a Definitive Preferred Certificate for any registration of transfer or exchange, but the Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or similar governmental charge payable upon exchange or transfer pursuant to Section 5).

• A Definitive Preferred Certificate may not be exchanged for a beneficial interest in a Global Preferred Security except upon satisfaction of the requirements set forth below.

• No such transfer or exchange of a Restricted Definitive Preferred Certificate or of an interest in the Restricted Global Preferred Security shall be effective unless the transferor delivers to the Trust a certification (in the applicable form set forth on the reverse of the Definitive Preferred Certificate) as to compliance by such Person with the provisions of this Declaration applicable to such transfer or exchange.

• No service charge will be made to a holder of a beneficial interest in a Global Preferred Certificate or to a holder of a Definitive Preferred Certificate for any registration of transfer or exchange, but the Corporation may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any such transfer taxes or similar governmental charge payable upon exchange or transfer pursuant to Section 5).

• No such transfer or exchange of a Restricted Definitive Preferred Certificate or of an interest in a Restricted Global Preferred Security shall be effective unless the transferor delivers to the Trust a certification (in the applicable form set forth on the reverse of the Definitive Preferred Certificate) as to compliance by such Person with the provisions of this Declaration applicable to such transfer or exchange.