TP Securities definition

TP Securities means Indebtedness of the Company or the Guarantor issued or incurred in connection with financing transactions providing for, among other things, the issuance of common and preferred securities by CapitalSource Trust Preferred Securities 2005-1, CapitalSource Trust Preferred Securities 2005-2, CapitalSource Trust Preferred Securities 2006-1, CapitalSource Trust Preferred Securities 2006-2, CapitalSource Trust Preferred Securities 2006-3, CapitalSource Trust Preferred Securities 2006-4 and CapitalSource Trust Preferred Securities 2006-5.
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TP Securities means the Capital Securities.
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Examples of TP Securities in a sentence

  • The New Notes shall rank senior in right of payment to all of the Company’s Indebtedness, whether outstanding at the date of this Indenture or thereafter incurred, that provides for its subordination to the New Notes, including any guarantee issued by the Company of Indebtedness incurred by the Guarantor in connection with the TP Securities outstanding as of the date of this Indenture.

  • The Guarantee shall rank senior in right of payment to all of the Guarantor’s Indebtedness that provides for its subordination to the Guarantee, whether outstanding at the date of this Indenture, including Indebtedness of the Guarantor issued in connection with the TP Securities outstanding as of the date of this Indenture, or thereafter incurred.

  • The Notes shall rank senior in right of payment to all of the Company’s Indebtedness, whether outstanding at the date of this First Supplemental Indenture or thereafter incurred, that provides for its subordination to the Notes, including any guarantee issued by the Company of Indebtedness incurred by the Guarantor in connection with the TP Securities outstanding as of the date of this First Supplemental Indenture.

  • The Guarantee shall rank senior in right of payment to all of the Guarantor’s Indebtedness that provides for its subordination to the Guarantee, whether outstanding at the date of this First Supplemental Indenture, including Indebtedness of the Guarantor issued in connection with the TP Securities outstanding as of the date of this First Supplemental Indenture, or thereafter incurred.