Examples of Normal APEX in a sentence
Current status The current status of the technology combination is considered to be at TRL 7, based on the proven ability of the cage farming technology and the level of testing of the wave energy devices in conjunction with cage farming operators, including world leading Salmon Farmers Marine Harvest, at pre-pilot scale.
The Normal APEX are transferable on the books and records of the Issuer Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as provided in Section 5.4 of the Trust Agreement (as defined below).
Key themes from the reporting period have included:• Road safety and speeding concerns;• Cycling related issues – both dangerous cycling and dangerous driving;• Drugs, alcohol and associated ASB;• Concerns regarding a lack of visible policing presence; and• Complaints about Force actions and/or response to incidents.
Upon written instruction of the Depositor (accompanied by a notice prepared in accordance with the requirements of this Section 5.18), the Property Trustee will give holders of Normal APEX and Capital APEX, and will request that the Clearing Agency give to its participants holding Normal APEX or Capital APEX, notice of a Remarketing at least 21 days prior to the first day of the related Remarketing Period.
The Normal APEX are transferable on the books and records of the Issuer Trust, in person or by a duly authorized attorney, upon surrender of this certificate duly endorsed and in proper form for transfer as provided in Section 5.4 of the Declaration of Trust (as defined below).
Section 5.13(b) of the Trust Agreement provides for the procedures pursuant to which Holders of Normal APEX may exchange Normal APEX and Qualifying Treasury Securities for Stripped APEX and Trust Agreement Capital APEX and Section 5.14(d) of the Trust Agreement provides for the procedures pursuant to which Holders of Normal APEX may elect to exchange Normal APEX and Qualifying Treasury Securities for Stripped APEX and Capital APEX in the event a Remarketing is Successful.
The Trust will issue the APEX in three series that will correspond to different assets of the Trust: Normal APEX, Stripped APEX and Capital APEX.
For so long as Notes are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s exercise of its right to defer the payment of interest on the Notes pursuant to the Indenture, the Property Trustee or the Administrative Trustees shall transmit, in the manner and to the extent provided in Section 12.9, notice of such exercise to the Holders of the Normal APEX and the Capital APEX, unless by like notice such exercise shall have been revoked.
Each Normal APEX represents a beneficial interest in National City Preferred Capital Trust [ ] (the “Issuer Trust”), having a Liquidation Amount of $1,000.
At September 30, 2014, our investment in the ECHO JV was $6.2 million.