REIT Preferred Securities definition
REIT Preferred Securities means non-cumulative perpetual preferred stock of a Subsidiary of a Depository Institution Subsidiary, which issuer Subsidiary may or may not be a “real estate investment trust” (“REIT”) within the meaning of Section 856 of the Internal Revenue Code of 1986, as amended, that is exchangeable for non-cumulative perpetual preferred stock of the Corporation and satisfies the following requirements:
REIT Preferred Securities means Non-Cumulative perpetual preferred stock of a Subsidiary of a Depository Institution Subsidiary, which may or may not be a “real estate investment trust” (“REIT”) within the meaning of Section 856 of the Internal Revenue Code of
REIT Preferred Securities means non-cumulative perpetual preferred stock of a subsidiary of a depository institution subsidiary, which may or may not be a “real estate investment trust” (“REIT”) within the meaning of Section 856 of the Internal Revenue Code, that is exchangeable for our non-cumulative perpetual preferred stock and satisfies the following requirements:
More Definitions of REIT Preferred Securities
REIT Preferred Securities has the meaning specified in the Replacement Capital Covenant.
REIT Preferred Securities means Non-Cumulative perpetual preferred stock of a Subsidiary of the Bank or a Subsidiary of another Subsidiary of the Corporation that is a depository institution within the meaning of 12 C.F.R. § 204.2(m) (the Bank or such other Subsidiary, a “Depository Institution Subsidiary”), which may or may not be a “real estate investment trust” (“REIT”) within the meaning of Section 856 of the Internal Revenue Code that is exchangeable for Non-Cumulative perpetual preferred stock of the Corporation or a Depository Institution Subsidiary and satisfies the following requirements:
REIT Preferred Securities means Non-Cumulative perpetual preferred stock of a Subsidiary of the Bank or a Subsidiary of another Subsidiary of the Corporation that is a depository institution within the meaning of 12 C.F.R. § 204.2(m) (the Bank or such other Subsidiary, a “Depository Institution Subsidiary”), which may or may not be a “real estate investment trust” (“REIT”) within the meaning of Section 856 of the Internal Revenue Code that is