Trust Securities Guarantee definition

Trust Securities Guarantee means the Trust Securities Guarantee Agreement executed and delivered by the Depositor, as guarantor and ______________________________, a New York banking corporation, as trustee, contemporaneously with the execution and delivery of this Trust Agreement, for the benefit of the Holders of the [Preferred] Trust Securities, as amended from time to time.

Trust Securities Guarantee means, with respect to a Xxxxxx Xxxxxxx Capital Trust, the Common Securities Guarantee and the Capital Securities Guarantee covering the Common Securities and the Capital Securities, respectively, of such trust.

Trust Securities Guarantee means the Trust Securities Guarantee Agreement between the Guarantor, as Trust Securities Guarantor, and a guarantee trustee for the benefit of the holders of Preferred Securities [and Common Securities] issued by such Trust.]

Examples of Trust Securities Guarantee in a sentence

• Every Person, by virtue of having become a Securityholder, shall be deemed to have expressly assented and agreed to the terms of, and shall be bound by, this Trust Agreement, the Trust Securities Guarantee and the Subordinated Indenture.

• The Subordinated Indenture and the securities of any series issued thereunder and the Trust Securities Guarantee Agreement shall be deemed to be specifically described in this Trust Agreement for the purposes of clause (i) of the first proviso contained in Section 310(b) of the Trust Indenture Act.

• The holder of this certificate is entitled to the benefits of the Trust Securities Guarantee Agreement of American Electric Power Company, Inc.

• For purposes of Section 310(b)(1) of the Trust Indenture Act and to the extent permitted thereby, the Trustee, in its capacity as trustee in respect of the Securities of any series, shall not be deemed to have a conflicting interest arising from its capacity as trustee in respect of (i) the Securities of any other series, (ii) the Trust Agreement and the Trust Securities Guarantee Agreement pertaining to each Trust [OTHERS].

• 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 Trust Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

More Definitions of Trust Securities Guarantee

Trust Securities Guarantee means, with respect to a Morgan Stanley Capital Trust, the Common Securities Guarantee and the Capital Securities Guarantee covering the Common Securities and the Capital Securities, respectively, of such trust.

Trust Securities Guarantee means any guarantee that the Corporation may enter into with LaSalle Bank National Association or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities and the Common Securities, if any.

Trust Securities Guarantee means, with respect to an MSDW Capital Trust, the Common Securities Guarantee and the Capital Securities Guarantee covering the Common Securities and the Capital Securities, respectively, of such trust.

Trust Securities Guarantee means the Guarantee Agreement between the Company, as Trust Securities Guarantor, and a guarantee trustee for the benefit of the holders of Preferred Securities and Common Securities issued by the Trust.

Trust Securities Guarantee means each of the Trust Common Securities Guarantee and the Trust Preferred Securities Guarantee.

Trust Securities Guarantee means the Trust Securities Guarantee Agreement, dated as of [DATE] among the Guarantor, [TRUST COMMON SECURITIES OWNER] and [____], as trustee, for the benefit of the holders of the Trust Securities.

Trust Securities Guarantee means any guarantee that the Corporation may enter into with Wilmington Trust Company or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities and the Common Securities, if any.