Security Exchange definition

Security Exchange when used with respect to the Debentures of any series which are held as trust assets of a Trust pursuant to the Declaration of Trust of such Trust, means the distribution of the Debentures of such series by such Trust in exchange for the Preferred Securities and Common Securities of such Trust in dissolution of such Trust pursuant to the Declaration of Trust of such Trust.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Security Exchange when used with respect to the Debentures of any series which are held as trust assets of an AES Trust pursuant to the Declaration of Trust of such AES Trust, means the distribution of the Debentures of such series by such AES Trust in exchange for the Preferred Securities and Common Securities of such AES Trust in dissolution of such AES Trust pursuant to the Declaration of Trust of such AES Trust.

Security Exchange means a public company that is licensed by the Commission as securities exchange under section 5 of the Securities Act 2015.

Examples of Security Exchange in a sentence

Borrower agrees: (i) in the event Lender shall, upon an Event of Default hereunder, sell the Collateral, or any portion thereof, at such private sale or sales, Lender shall have the right to rely upon the advice and opinion of any member firm of the National Security Exchange as to the best price reasonably obtainable upon such private sale thereof; and (ii) that such reliance shall be conclusive evidence that Lender handled such matter in a commercially reasonable manner under the UCC.
The Company hereby acknowledges that, to the extent specifically set forth herein, prior to a Security Exchange with respect to the Debentures of any series held as assets of a Trust, the holders of the Preferred Securities of such Trust shall expressly be third party beneficiaries of this Indenture.
The General Partner and the Partnership are subject to reporting requirements of the Security Exchange Commission and the bank authorities, and it is essential that all such information be handled on a confidential basis until any of such matters are properly reported to the appropriate government authorities and made public.
Upon receipt by the Depositary of the instructions, order and certificate set forth below, the Depositary shall promptly forward the same to the Security Exchange Agent/Registrar at the Corporate Trust Office.
Upon receipt by the Depositary of the instructions and certificate set forth below, the Depositary shall promptly forward the same to the Security Exchange Agent/Registrar at the Corporate Trust Office.

More Definitions of Security Exchange

Security Exchange. Security Exchange" when used with respect to the ----------------- Debentures of any series that are held as trust assets of a Hawaiian Electric Industries Capital Trust pursuant to the Trust Agreement of such Hawaiian Electric Industries Capital Trust, means the distribution of the Debentures of such series by such Hawaiian Electric Industries Capital Trust in exchange for the Trust Preferred Securities and Trust Common Securities of such Hawaiian Electric Industries Capital Trust in dissolution of such Hawaiian Electric Industries Capital Trust pursuant to such Trust Agreement.

Security Exchange when used with respect to the Debentures of any series which are held as trust assets of a Litchfield Capital Trust pursuant to the Declaration of Trust of such Litchfield Capital Trust, means the distribution of the Debentures of such series by such Litchfield Capital Trust in exchange for the Preferred Securities and Common Securities of such Litchfield Capital Trust in dissolution of such Litchfield Capital Trust pursuant to the Declaration of Trust of such Litchfield Capital Trust.

Security Exchange when used with respect to the Debentures of any series which are held as trust assets of a PWG Capital Trust pursuant to the Declaration of Trust of such PWG Capital Trust means the distribution of the Debentures of such series by such PWG Capital Trust in exchange for the Preferred Securities and Common Securities of such PWG Capital Trust in dissolution of such PWG Capital Trust pursuant to the Declaration of Trust of such PWG Capital Trust.

Security Exchange when used with respect to the Securities of any series which are held as trust assets of a Fund American Trust pursuant to the Declaration of Trust of such Fund American Trust means the distribution of the Securities of such series by such Fund American Trust in exchange for the Preferred Securities and Common Securities of such Fund American Trust in dissolution of such Fund American Trust pursuant to the Declaration of Trust of such Fund American Trust.

Security Exchange when used with respect to the Securities of any series which are held as trust assets of a Ford Motor Company Capital Trust pursuant to the Declaration of Trust of such Ford Motor Company Capital Trust, shall mean the distribution of the Securities of such series by such Ford Motor Company Capital Trust in exchange for the Preferred Securities and Common Securities of such Ford Motor Company Capital Trust in dissolution of such Ford Motor Company Capital Trust pursuant to the Declaration of Trust of such Ford Motor Company Capital Trust.

Security Exchange when used with respect to the Securities of any series which are held as trust assets of a JPM Capital Trust pursuant to the Declaration of Trust of such JPM Capital Trust means the distribution of the Securities of such series by such JPM Capital Trust in exchange for the Preferred Securities and Common Securities of such JPM Capital Trust in dissolution of such JPM Capital Trust pursuant to the Declaration of Trust of such JPM Capital Trust.

Security Exchange. The term "