Initial Liquidation Amount definition

Initial Liquidation Amount means the stated amount of $1,000 per Trust Security.
View Source
Initial Liquidation Amount in respect of a series of Trust Preferred Securities, has the meaning set forth in the applicable Trust Agreement.
View Source
Initial Liquidation Amount has the meaning specified in the Declaration of Trust.
View Source

Examples of Initial Liquidation Amount in a sentence

  • Holders shall be entitled to one vote for each $1,000 of Initial Liquidation Amount represented by their Outstanding Trust Securities in respect of any matter as to which such Holders are entitled to vote.

  • The Trust Preferred Securities Certificates shall be issued in minimum denominations of $1,000 Initial Liquidation Amount and integral multiples of $1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $1,000 Initial Liquidation Amount and integral multiples thereof.

  • A Holder of $1,000,000 or more in aggregate Initial Liquidation Amount of Trust Preferred Securities may receive payments of cash Distributions (including any Additional Amounts) by wire transfer of immediately available funds upon written request to the Property Trustee not later than the 15th calendar day, whether or not a Business Day, before the relevant Distribution Date.

  • Pursuant to Section 5.07(c) of the Pledge Agreement, promptly after 11:00 A.M., New York City time, on the Business Day immediately preceding the applicable Remarketing Date, the Custodial Agent, based on the notices and deliveries received by it prior to such time, shall notify the Remarketing Agent of the Initial Liquidation Amount of Separate Trust Preferred Securities to be tendered for Remarketing and shall cause such Separate Trust Preferred Securities to be presented to the Remarketing Agent.

  • Upon surrender for registration of transfer of any Trust Preferred Securities Certificate at the office or agency maintained pursuant to Section 5.8, the Administrative Trustees or any one of them shall execute on behalf of the Trust and deliver, in the name of the designated transferee or transferees, one or more new Trust Preferred Securities Certificates in authorized denominations of a like aggregate Initial Liquidation Amount dated the date of execution by such Administrative Trustee or Trustees.

  • Pursuant to Section 5.07(c) of the Pledge Agreement, promptly after 11:00 A.M., New York City time, on the Business Day immediately preceding the applicable Remarketing Date, the Custodial Agent, based on the notices and deliveries received by it prior to such time, shall notify the Remarketing Agent of the Initial Liquidation Amount of Separate STACKS to be tendered for Remarketing and shall cause such Separate STACKS to be presented to the Remarketing Agent.

  • A Holder of $1,000,000 or more in aggregate Initial Liquidation Amount of STACKS may receive payments of cash Distributions (including any Additional Amounts) by wire transfer of immediately available funds upon written request to the Property Trustee not later than the 15th calendar day, whether or not a Business Day, before the relevant Distribution Date.

  • The Capital Securities Certificates shall be issued in minimum denominations of $1,000 Initial Liquidation Preference and integral multiples thereof, and the Common Securities Certificate shall be issued in the initial denomination of $309,278 Initial Liquidation Amount.

  • Alterations to the constitution require a simple majority at a Club Delegate Conference.

  • M&I Capital Trust B, a statutory trust created under the laws of the State of Delaware (the “Issuer Trust”), hereby certifies that (the “Holder”) is the registered owner of ( ) STACKS of the Issuer Trust representing an undivided preferred beneficial interest in the assets of the Issuer Trust and designated the M&I Capital Trust B 3.90% STACKS (Initial Liquidation Amount $1,000 per STACKS) (the “STACKS”).


More Definitions of Initial Liquidation Amount

Initial Liquidation Amount means for each Series 2 Preferred Share, an amount equal to US$9.75 (as equitably adjusted to reflect any stock split, stock dividend, consolidation, reorganization, recapitalization, reclassification or other similar event involving the Series 2 Preferred Shares).
View Source
Initial Liquidation Amount means the aggregate original Liquidation Amount of the Common Securities on the date of this Trust Agreement, which is $309,278.
View Source

Related to Initial Liquidation Amount

  • Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class C(2020-3) Notes:

  • Initial Liquidation Preference means one thousand dollars ($1,000.00) per share of Convertible Preferred Stock.

  • 10% in Liquidation Amount means, except as provided in the terms of the Capital Securities or by the Trust Indenture Act, Holder(s) of outstanding Securities, voting together as a single class, or, as the context may require, Holders of outstanding Capital Securities or Holders of outstanding Common Securities, voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount (including the stated amount that would be paid on redemption, liquidation or otherwise, plus accumulated and unpaid Distributions to the date upon which the voting percentages are determined) of all outstanding Securities of the relevant class.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Series A Liquidation Value means the amount equal to the sum of (i) the Series A Issue Price, plus (ii) all Series A Unpaid Distributions, plus (iii) Series A Partial Period Distributions, in each case, with respect to the applicable Series A Preferred Unit.