Trust Debentures definition

Trust Debentures means, collectively, the 6.50% Debentures, the 7.75% Debentures and the 8.00% Debentures;
Trust Debentures means the 8.5% convertible subordinated debentures issued pursuant to the Trust Preferred Indenture.

Examples of Trust Debentures in a sentence

  • The Company has performed, or has caused each Company Trust to perform, all of the obligations required to be performed by it and is not in default under the terms of the Company Trust Debentures or the Company Trust Preferred Securities or any agreements related thereto.

  • If, in connection with any dissolution, winding-up or termination of the Trust, Debentures are distributed to Holders of the Securities as provided in this paragraph 3, the procedures set forth in paragraph 4(e) will be applicable thereto.

  • Upon completion of the acquisition by the Trust of CREIT on May 4, 2018, the Assumed Debentures remained outstanding and became debentures of the Trust, ranking equally with the existing Trust Debentures.

  • All of the assets and property of the Company as set forth on Exhibit A secure this Debenture to this Debenture, in combination with all other Trust Debentures, on a pro-rata basis.

  • We had the following junior subordinated debentures outstanding at December 31, 2008 and 2007 (dollars in thousands): Outstanding Initial Amount of Equity Fixed Variable Beginning Junior To Interest Interest Optional Subordinated Trust Issue Rate Rate Redemption Maturity Trust Debentures (3) Date (1) (2) Date Date (1) Both the trust preferred securities and junior subordinated debentures bear interest at a fixed interest rate from the issue date through the beginning optional redemption date.


More Definitions of Trust Debentures

Trust Debentures means those certain Floating Rate Junior Subordinated Notes due 2034 issued by the Company to the TPS Trust on or about December 30, 2003.
Trust Debentures means, collectively, (a) those certain Series A Floating Rate Junior Subordinated Debenture(s) due December 31, 2032, issued by Target (or a predecessor) to TPS Trust I on or about August 30, 2002, (b) those certain Floating Rate Junior Subordinated Deferrable Interest Debenture(s) due September 15, 2035, issued by Target (or a predecessor) to TPS Trust II on or about September 15, 2005, and (c) those certain Fixed/Floating Rate Junior Subordinated Deferrable Interest Debenture(s) due December 15, 2037, issued by Target (or a predecessor) to TPS Trust III on or about September 27, 2007.
Trust Debentures has the meaning set forth in the Recitals.
Trust Debentures means the debentures issued under the Trust Indenture between Global and Montreal Trust Company of Canada, as trustee, dated as of February 15, 1995.
Trust Debentures shall have the meaning assigned to such term in Section 8.8.
Trust Debentures has the meaning set forth in Section 6.8.
Trust Debentures means the [ ]% Trust Debentures Due [ ] to be issued by the Trust Debenture Issuer under the Indenture and held by the Property Trustee. A specimen certificate representing a Trust Debenture is attached hereto as Exhibit B. The Trust Debentures will be subordinate and junior in right of payment to certain other indebtedness of the Trust Debenture Issuer as set forth in the Indenture.