Series A Capital Securities definition

Series A Capital Securities has the meaning specified in Section 7.1(a).
Series A Capital Securities has the meaning specified in Section 7.1(a) and may be alternatively referred to as the 9.875% Capital Securities.
Series A Capital Securities means the Series A 10.30% Capital Securities, having an aggregate liquidation amount of $19,000,000, of the Issuer issued under the Trust Agreement.

Examples of Series A Capital Securities in a sentence

  • This Series A Capital Securities Guarantee creates a guarantee of payment and not of collection.

  • The Guarantor hereby waives notice of acceptance of this Series A Capital Securities Guarantee and of any liability to which it applies or may apply, presentment, demand for payment, any right to require a proceeding first against the Issuer or any other Person before proceeding against the Guarantor, protest, notice of nonpayment, notice of dishonor, notice of redemption and all other notices and demands.

  • The Guarantor acknowledges that its obligations hereunder are independent of the obligations of the Issuer with respect to the Series A Capital Securities, and that the Guarantor shall be liable as principal and as debtor hereunder to make Guarantee Payments pursuant to the terms of this Series A Capital Securities Guarantee notwithstanding the occurrence of any event referred to in subsections (a) through (h), inclusive, of Section 5.3 hereof.

  • Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Series A Capital Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • The Declaration shall be deemed to be specifically described in this Series A Capital Securities Guarantee for the purposes of clause (i) of the first proviso contained in Section 310(b) of the Trust Indenture Act.


More Definitions of Series A Capital Securities

Series A Capital Securities has the meaning specified in Section 7.1(a) and may be alternatively referred to as the 8.316% Subordinated Capital Income Securities.
Series A Capital Securities shall have the same meaning as set forth in the Declaration.
Series A Capital Securities. GUARANTEE AGREEMENT This GUARANTEE AGREEMENT (the "Series A Capital Securities Guarantee"), dated as of April 3, 1997, is executed and delivered by Equitable of Iowa Companies, an Iowa corporation (the "Guarantor"), and The First National Bank of Chicago, as trustee (the "Capital Securities Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Series A Capital Securities (as defined herein) of Equitable of Iowa Companies Capital Trust II, a Delaware statutory business trust (the "Issuer").
Series A Capital Securities shall have the meaning set forth in the preamble to this Agreement.
Series A Capital Securities has the meaning specified in Section 7.1(a) and may be alternatively referred to as the 10.50% Capital Securities.
Series A Capital Securities means the Subordinated Capital Income Securities, Series A, issued by CSBI Trust, certain holders of which may become entitled to receive PIE Shares as provided in the Securities Purchase Agreement.
Series A Capital Securities shall have the meaning set forth the Securities Purchase Agreement.