TARP Securities definition

TARP Securities includes any preferred stock and warrants sold to the United States Department of the Treasury pursuant to the TARP Capital Purchase Plan and any shares of common stock issued upon exercise or conversion thereof.
TARP Securities means the 11,550.55055 shares of Capital Stock of F&M that have been issued to the United States Department of Treasury in the form of 11,000 shares designated as Fixed Rate Cumulative Perpetual Preferred Stock, Series A, and 550.55055 shares designated as Fixed Rate Cumulative Perpetual Preferred Stock, Series B, and any preferred equity interests of Borrower on substantially the same terms and conditions as such Capital Stock issued to the United States Department of Treasury in replacement of such Capital Stock pursuant to the requirements of the F&M Purchase Agreement.
TARP Securities has the meaning set forth in the recitals to this Agreement.

Examples of TARP Securities in a sentence

  • Public Art Offers People New Ways of Seeing the World Which Can Help Cultivate Empathy, Personal Growth and Stronger Social Connections People can grow as individuals, members of a community and citizens through their encounters with public art.

  • Issue, sell or otherwise permit to become outstanding, or dispose of or encumber or pledge, or authorize or propose the creation of, any additional shares of its stock or any additional options or other rights, grants or awards with respect to the Common Stock, except the TARP Securities, the Management Purchased Shares, the Investor Warrants and any shares of Common Stock issued pursuant to the exercise of outstanding stock options or vesting of restricted stock.

  • Superior Bancorp, Superior Bancorp Builds Equity Capital, Completes Exchange of TARP Securities with U.S. Treasury (Dec.

  • For the avoidance of doubt, each Investor will receive a copy of each additional or modified agreement (including any Subscription Agreements entered into with the Local Investors and any TARP Securities Purchase Agreements) proposed with one or more other investors.

  • As of the close of business on the Capitalization Date, other than in respect of the Convertible Preferred Stock, the TARP Securities, the Management Equity, the Investor Warrants, the Management Purchased Shares, the Flagstar Bancorp, Inc.

  • Borrower shall have delivered to Lender a fully executed copy of the F&M Purchase Agreement and the documentation evidencing the Trust Preferred Indebtedness and the TARP Securities.

  • At the Closing, taking into account payment for the Purchased Shares, Management Purchased Shares and the TARP Securities, the Bank’s Tier I leverage ratio shall be no lower than a minimum of 7% and the Bank’s total risk-based capital ratio shall be a minimum of 12%.

  • To the knowledge of the Company, there has been no ownership change as defined in Section 382 of the Code with respect to any member of the Group, and neither the issuance of Securities under this Agreement nor any contemplated sales of TARP Securities would result in such an ownership change.

  • Immediately following the TARP Purchase, Opus intends to deliver the TARP Securities to CFC for cancellation.

  • Upon receipt by Treasury of the payment contemplated by the Treasury Letter from Parent, the TARP Purchase shall have been consummated on the terms and subject to the conditions set forth in the Treasury Letter and the TARP Securities shall have been cancelled in their entirety or Treasury shall have otherwise authorized cancellation of the TARP Securities.


More Definitions of TARP Securities

TARP Securities means shares of preferred stock ,related warrants to purchase common stock and shares of common stock issued upon exercise of such warrants issued by the Company which are purchased by the U.S. Treasury or its designee(s) pursuant to the Emergency Economic Stabilization Act or the regulation or polices of the U.S. Treasury thereunder.

Related to TARP Securities

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Lock-Up Securities has the meaning assigned to such term in Section 3.5.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Series B Securities means the Company's Series B 9.25% Junior Subordinated Deferrable Interest Debentures due February 1, 2027, as authenticated and issued under this Indenture.

  • Series A Securities means the Company's 9.25% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027, as authenticated and issued under this Indenture.

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • BofA Securities means BofA Securities, Inc.

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Series F Preferred Shares means the Series F Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Subject Securities means: (i) all securities of the Company (including all Shares and all options, Company Time-based Awards, Company Performance Awards, warrants and other rights to acquire Shares) Owned by Stockholder as of the date of this Agreement; and (ii) all additional securities of the Company (including all additional Shares and all additional options, Company Time-based Awards, Company Performance Awards,, warrants and other rights to acquire Shares) of which Stockholder acquires Ownership during the Voting Period.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Series F Preferred Stock means shares of the Company’s Series F Preferred Stock, par value $0.0001 per share.

  • Capital Shares means the Common Stock and any shares of any other class of common stock whether now or hereafter authorized, having the right to participate in the distribution of earnings and assets of the Company.

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Series A Shares means the series A redeemable convertible preferred shares, par value US$0.0001 per share, of the Company.

  • Series A Junior Securities means any class or series of Partnership Interests that, with respect to distributions on such Partnership Interests and distributions upon liquidation of the Partnership, ranks junior to the Series A Preferred Units, including Common Units and Non-Voting Common Units, but excluding any Series A Parity Securities and Series A Senior Securities.

  • Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.