Examples of Normal PCS in a sentence
The Normal PCS 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).
Each Normal PCS represents a beneficial interest in Mellon Capital IV (the “Issuer Trust”), having a Liquidation Amount of $1,000.
The signature to this assignment must correspond with the name as it appears upon the face of the within Normal PCS Certificates in every particular, without alteration or enlargement or any change whatsoever.
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 PCS and Capital PCS, and will request that the Clearing Agency give to its participants holding Normal PCS or Capital PCS, notice of a Remarketing at least 21 days prior to the first day of the related Remarketing Period.
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of such exercise to the Holders of the Normal PCS and the Capital PCS, unless by like notice such exercise shall have been revoked.
TRUST AGREEMENT Section 5.13(d) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS and Stripped PCS may exchange them for Normal PCS and Qualifying Treasury Securities and Section 5.14(f) of the Trust Agreement provides for the procedures pursuant to which Holders of Capital PCS may elect to dispose of Capital PCS in the event a Remarketing is Successful.
Interest Rate on Mellon Bank Deposit Pledged to Secure Stock Purchase Contracts between Remarketing Settlement Date and Stock Purchase Date: 5.630% per annum Offering Price, Proceeds before Expenses and Commissions to the Underwriters: Initial Public Offering Price: $1,000 per Normal PCS, $500,000,000 in the aggregate.
For so long as shares of Preferred Stock are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s determination not to pay dividends on a TRUST AGREEMENT dividend payment date, the Property Trustee shall transmit, in the manner and to the extent provided in Section 12.9, notice of such decision to the Holders of the Normal PCS and Stripped PCS, unless such notice shall have been revoked.
The Underwriters will pay for the Normal PCS in immediately available funds upon delivery thereof at the offices of Xxxxxxxx & Xxxxxxxx LLP, 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, at 10:00 A.M. (local time) on June 19, 2007, or at such other time, not later than June 19, 2007, as will be designated by the Underwriters (such date and time of delivery of and payment for the Securities being herein called the “Closing Date”).
For so long as shares of Preferred Stock are included within the Trust Property, within five Business Days after the receipt of notice of the Depositor’s determination not to pay dividends on a dividend payment date, the Property Trustee shall transmit, in the manner and to the extent provided in Section 12.9, notice of such decision to the Holders of the Normal PCS and Stripped PCS, unless such notice shall have been revoked.