Description of Capital Securities definition

Description of Capital Securities. Description of Guarantee" and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantee", insofar as such statements purport to constitute summaries of the terms of the Capital Securities, the Junior Subordinated Debentures and the Guarantee, constitute accurate summaries of the terms of the Capital Securities, the Junior Subordinated Debentures and the Guarantee.
Description of Capital Securities. Description of the Guarantee," "Plan of Distribution," "U.S. Bancorp," "USB Capital III," "Certain Terms of Capital Securities," "Certain Terms of Junior Subordinated Debentures," "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantee," "United States Federal Income Tax Consequences," "Underwriting" and such other sections as may be identified in the Underwriting Agreement, are accurate, complete and fair.
Description of Capital Securities. Description of Guarantees", "Description of Junior Subordinated Debentures" and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantees", to the extent that such statements constitute matters of law or legal conclusions, have been reviewed by such counsel, or attorneys in such counsel's office working under such counsel's direction, and are accurate and fairly present the information disclosed therein in all material respects.

Examples of Description of Capital Securities in a sentence

  • Annex B Description of Capital Securities to be Issued to Gold Xxxx Inc.

  • Subject to any applicable laws and regulations and the provisions of the Trust Agreement, each such payment in respect of the Capital Securities will be made as described under the heading "Description of Capital Securities -- Form, Denomina- tion, Book-Entry Procedures and Transfer" in the Offering Memo- randum dated March 19, 1997, of the Debenture Issuer and the Trust relating to the Securities and the Debentures.

  • Subject to any applicable laws and regulations and the provisions of the Declaration, each such payment in respect of the Capital Securities will be made as de- scribed under the heading "Description of Capital Securities -- Form, Denomination, Book-Entry Procedures and Transfer" in the Prospectus dated , , of the Debenture Issuer and the Trust relating to the Securities ---- and the Debentures.

  • Subject to any applicable laws and regulations and the provisions of the Declaration, each such payment in respect of the Capital Securities will be made as described under the heading "Description of Capital Securities -- Form, Denomination, Book-Entry Procedures and Transfer" in the Offering Memorandum dated June 9, 1997, of the Debenture Issuer and the Trust relating to the Securities and the Debentures.

  • Annex B Description of Capital Securities to be Issued to Gold Kxxx Inc.

  • The statements set forth in the Registration Statement under the captions "Regulatory Matters, "Description of Capital Securities," "Description of Guarantee" and "Relationship among the Capital Securities, the Junior Subordinated Debentures and the Guarantee," insofar as they purport to describe the provisions of the laws and documents referred to therein, fairly summarize the matters described therein.

  • The Trustee serves as trustee under indentures for other debt of the Company and as Rights Agent under the Company's Rights Agreement, described in the prospectus in "Description of Capital Securities-- Shareholder Rights Plan".

  • Subject to any applicable laws and regulations and the provisions of the Trust Agreement, each such payment in respect of the Capital Securities will be made as described under the heading "Description of Capital Securities -- Form, Denomination, Book-Entry Procedures and Transfer" in the Offering Memorandum dated June 2, 1997, of the Debenture Issuer and the Trust relating to the Securities and the Debentures.

  • Subject to any applicable laws and regulations and the provisions of the Declaration, each such payment in respect of the Capital Securities will be made as described under the heading "Description of Capital Securities -- Form, Denomination, Book- Entry Procedures and Transfer" in the Prospectus dated _______, 1997, of the Debenture Issuer and the Trust relating to the Securities and the Debentures.


More Definitions of Description of Capital Securities

Description of Capital Securities. Description of Junior Subordinated Debentures," "Description of the Capital Securities Guarantee" and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Capital Securities Guarantee," to the extent that such statements constitute matters of law or legal conclusions, are accurate and fairly present the information disclosed therein in all material respects.
Description of Capital Securities. Description of Guarantees" and "Plan of Distribution" and in the Prospectus Supplement under "Description of Capital Securities," "Description of Junior Subordinated Debentures," "Description of the Guarantees," "Relationship Among the Capital Securities, the Junior Subordinated Indenture and the Guarantees" and "Underwriting"), and (xiv) (2), (3) and (4) of paragraph (b) above; provided that, in the case of an offering of Debt Securities only, such counsel may exclude any such opinion relating to the Issuer Trust or the offering of Capital Securities. With respect to subparagraph (xiv) of paragraph (b) above, if such opinion is given by counsel who is also an officer of the Company, such counsel may state that his or her opinion and belief are based upon his or her participation, or the participation of someone under his or her supervision, in the preparation of the Registration Statement and Prospectus and documents incorporated therein by reference and review and discussion of the contents thereof, but are without independent check or verification, except as specified. With respect to subparagraph (xiv) of paragraph (c) above, Xxxxx Xxxx & Xxxxxxxx and, if Xxxxx & Wood LLP is giving such opinion, Xxxxx & Xxxx LLP may state that their opinion and belief are based upon their participation in the preparation of the Registration Statement and Prospectus (but not including documents incorporated therein by reference) and review and discussion of the contents thereof (including documents incorporated therein by reference), but are without independent check or verification, except as specified.
Description of Capital Securities. Description of Guarantee" and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantee", insofar as such statements constitute a summary of legal matters, documents or legal proceedings or refer to statements of regulation, law or legal conclusions, are a fair summary of such legal matters, documents or legal proceedings and statements and are accurate in all material respects.
Description of Capital Securities. Description of the Guarantee," "Description of the Debentures," "Effect of Obligations Under the Debentures and the Guarantee," and "ERISA Considerations," to the extent they constitute
Description of Capital Securities and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantee," insofar as such statements constitute statements of Delaware law, are fairly presented;
Description of Capital Securities. Description of Guarantee" and "Relationship Among the Capital Securities, the Junior Subordinated Debentures and the Guarantee", insofar as such statements relate to the Capital Securities and concern legal matters. (e) Xxxx X. Xxxxx, Managing Director, General Counsel and Secretary of the Company, shall have furnished to the Representatives its written opinion addressed to the Underwriters and dated the Delivery Date, in form and substance satisfactory to the Representatives, to the effect that:

Related to Description of Capital Securities

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Non Book-Entry Capital Securities shall have the meaning set forth in Section 2.05.

  • Parity Securities has the meaning specified therefor in Section 2.02(b) of this Agreement.

  • Redeemable Capital Stock means any Capital Stock of the Company or any of its Subsidiaries that, either by its terms, by the terms of any security into which it is convertible or exchangeable or otherwise, (a) is or upon the happening of an event or passage of time would be required to be redeemed on or prior to the final stated maturity of the securities or (b) is redeemable at the option of the holder thereof at any time prior to such final stated maturity or (c) is convertible into or exchangeable for debt securities at any time on or prior to such final stated maturity.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Junior Securities means the Common Stock and all other Common Stock Equivalents of the Corporation other than those securities which are explicitly senior or pari passu to the Preferred Stock in dividend rights or liquidation preference.

  • Trust Securities means the Common Securities and the Capital Securities.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Common Securities means the securities representing common undivided beneficial interests in the assets of the Issuer.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Qualifying Capital Securities means securities (other than Common Stock, Rights to acquire Common Stock or securities exchangeable for or convertible into Common Stock) that, in the determination of the Corporation’s Board of Directors (or a duly authorized committee thereof) reasonably construing the definitions and other terms of this Replacement Capital Covenant, meet one of the following criteria:

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Equity Interest means any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person which is not a corporation, and any and all warrants, options or other rights to purchase any of the foregoing.

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.