Securities Resolution definition

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Securities Resolution means a resolution of the board of directors of the Depositor or any authorized committee of such board or by a committee of Officers or an Officer pursuant to delegation by such board authorizing a series or a supplemental indenture authorizing a series executed by an authorized Officer.

Securities Resolution means a resolution authorizing a series adopted by the Board or by a committee of Officers or an Officer pursuant to Board delegation.

Examples of Securities Resolution in a sentence

Securityholders are referred to the Indenture, the Securities Resolution and the Act for a statement of such terms.
If the Securities Resolution so provides, the Company may issue some or all of the Securities of a series in temporary or permanent global form.
Securities of a series that are redeemable before maturity shall be redeemable in accordance with their terms and, unless the Securities Resolution otherwise provides, in accordance with this Article.
Securities of a series may be defeased in accordance with their terms and, unless the Securities Resolution otherwise provides, in accordance with this Article.
If the Company is required to redeem Securities, it may reduce the principal amount of Securities required to be redeemed to the extent that it is permitted a credit against such redemption requirement by the terms of the Securities Resolution and notifies the Trustee of the amount of such credit and the basis for it.
Each Bearer Security shall be dated the date of its original issuance or as provided in the Securities Resolution.
The Securities Resolution may establish, among other things, the manner of paying principal and interest on a global Security and whether and upon what terms a beneficial owner of an interest in a global Security may exchange such interest for definitive Securities.
If the Securities Resolution so provides, the Company may elect to satisfy, in whole or in part, a Conversion Right of Securities convertible into Common Stock or other securities of any person by the delivery of cash.
Any determination that the Board of Directors makes pursuant to this Article 9 or consistent with terms provided for in any Securities Resolution is conclusive, absent manifest error.
The Securities Resolution may establish, among other things, the Conversion Rate, provisions for adjustments to the Conversion Rate and limitations upon exercise of the Conversion Right.

More Definitions of Securities Resolution

Securities Resolution means a resolution authorizing a series of Securities adopted by the Board.

Securities Resolution means a resolution adopted by the Board or by a committee of Officers or an Officer pursuant to Board delegation authorizing a series and certified by the Secretary of the Company which may be in the form of Exhibit C.

Securities Resolution means a resolution adopted by the Board or by a committee of Officers or an Officer pursuant to Board delegation authorizing a series or a supplemental indenture authorizing a series executed by an authorized Officer. "STATED MATURITY" means, with respect to any installment of interest or principal on any Indebtedness, the date on which such payment of interest or principal is scheduled to be paid in the documentation governing such Indebtedness (after giving effect to any amendments, modifications or waivers thereto), and shall not include any contingent obligations to repay, redeem or repurchase any such interest or principal prior to the date originally scheduled for the payment thereof.

Securities Resolution means a resolution authorizing a series of Securities adopted by the Board. “series” means a series of Securities or the Securities of the series.

Securities Resolution means Securities Resolution No. 5 under the Indenture, dated as of May 8, 2007.