FELINE PRIDES definition

FELINE PRIDES means the units consisting of (a) 6.75% Trust Originated Preferred Securities issued by Conseco Financing Trust IV (the "PRIDES Preferred Securities") and (b) a purchase contract to purchase shares of common stock from Conseco (the "PRIDES Purchase Contracts").

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FELINE PRIDES means, as the context requires, the Current FELINE PRIDES, Additional FELINE PRIDES and Special FELINE PRIDES.

FELINE PRIDES means the equity security units (each an 'EQUITY UNIT') issued by the Borrower on December 21, 2001, consisting of (a) interest bearing notes due approximately five years from the date of issuance ('FELINE PRIDES SENIOR NOTES') and (b) purchase contracts under which the purchaser of such Equity Unit agrees to purchase common stock of the Borrower for an amount equal to the face amount of the Feline Prides Senior Notes held by such purchaser on a date approximately three years from the date of issuance ('FELINE PRIDES FORWARD CONTRACTS).

Examples of FELINE PRIDES in a sentence

Conseco shall issue shares of common stock to holders of FELINE PRIDES in accordance with the terms of the PRIDES Documents.
Otherwise, and except as required by the terms of the PRIDES Documents, Conseco shall, and shall cause its Affiliates to, refrain from purchasing or redeeming any FELINE PRIDES, PRIDES Purchase Contracts or PRIDES Preferred Securities, whether in the open market or otherwise.
The Company and the Purchase Contract Agent are parties to the Purchase Contract Agreement, dated as of the date hereof (as modified and supplemented and in effect from time to time, the "Purchase Contract Agreement"), pursuant to which there may be issued up to FELINE PRIDES and ___% Trust Originated Preferred Securities (the "Preferred Securities" and, together with the FELINE PRIDES, the "Securities").
If the consideration delivered by the Rights holder exceeds the aggregate consideration for the number of Rights evidenced by the Rights Certificate(s) delivered by such Rights holder, the consideration will be applied to subscribe for New FELINE PRIDES up to the maximum payment required for use of all evidenced Rights.
At any time after the close of business on the Distribution Date, and at or prior to the close of business on the Expiration Date, any Rights Certificate or Rights Certificates may be transferred, split up, combined or exchanged for another Rights Certificate or Rights Certificates, entitling the registered holder to exchange such Rights Certificate or Rights Certificates for the number of New FELINE PRIDES evidenced by such Rights Certificate or Rights Certificates.

More Definitions of FELINE PRIDES

FELINE PRIDES means the 32,200,000 FELINE PRIDES (initially consisting of 28,000,000 Income Prides) issued by EDS pursuant to the Indenture, dated as of August 12, 1996, between EDS and Texas Commerce Bank National Association (succeeded by Chase Bank of Texas National Association, which was succeeded by The Chase Manhattan Bank), as trustee, and the Second Supplemental Indenture, dated as of June 26, 2001, between EDS and The Chase Manhattan Bank, as trustee, as described in the Prospectus Supplement dated June 20, 2001.

FELINE PRIDES means the trust-preferred securities issued by SEMCO Capital Trust II, a wholly-owned Subsidiary of the Company, under the SEMCO Capital Trust II Amended and Restated Trust Agreement dated as of June 16, 2000 and the related purchase contracts (and the pledge agreements securing the same) and other related documents and instruments, all as amended (subject to the terms hereof) from time to time.

FELINE PRIDES or any substantially similar securities).

FELINE PRIDES. (SM) means (A) ________ units referred to as Income PRIDES(SM) with a Stated Amount, per Income PRIDES, of $10 and (B) at least _______ units referred to as Growth PRIDES(SM) with a face amount, per Growth PRIDES, of $10.

FELINE PRIDES means a security which, upon issuance, will consist of a unit (referred to as an Income PRIDES) comprised of (i) a stock purchase contract under which (a) the holder of the unit will purchase from the Sponsor, for an amount in cash, a certain number of shares of common stock of the Sponsor and (b) the Sponsor will pay the holder contract adjustment payments, and (ii) a 7 1/4% Preferred Security. After issuance, FELINE PRIDES units with respect to which Treasury Securities have been substituted for Preferred Securities will be referred to as Growth PRIDES.

FELINE PRIDES. (sm) means (A) 17,975,000 units referred to as Income PRIDES(sm) with a Stated Amount, per Income PRIDES, equal to $10 and (B) 1,000,000 units referred to as Growth PRIDES(sm) with a Stated Amount, per Growth PRIDES, equal to $10.

FELINE PRIDES. Income PRIDES" and "Growth PRIDES" are service marks of ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., Inc. March 17, 1998 ▇▇▇▇▇▇▇ LYNCH, PIERCE, ▇▇▇▇▇▇ & ▇▇▇▇▇ INCORPORATED, ▇▇▇▇▇▇▇ ▇▇▇▇▇ World Headquarters World Financial Center ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Ladies and Gentlemen: Reference is made to the Underwriting Agreement, dated March 17, 1998 (the "Underwriting Agreement"), relating to the purchase by the Underwriter named therein of the above Income PRIDES (the "Income PRIDES"), Growth PRIDES (The "Growth PRIDES") and Capital Securities (the "Capital Securities" and, together with the Income PRIDES and Growth PRIDES, the "Securities") of ▇▇▇▇▇▇▇▇▇-▇▇▇▇ Company (the "Company"), and ▇▇▇▇▇▇▇▇▇-▇▇▇▇ Financing I (the "Trust"). The Securities are being issued and sold by the Company and the Trust to the Underwritier on the terms and conditions set forth in the Underwriting Agreement. Pursuant to Section 2 of the Underwriting Agreement, the Company and the Trust agree with the Underwriter as follows: