Trust Special Redemption Event definition

Trust Special Redemption Event means (i) a Tax Event solely with respect to the Trust, but not with respect to the Company or (ii) an Investment Company Act Event solely with respect to the Trust, but not with respect to the Company.
Trust Special Redemption Event means (i) a Tax Event solely with respect to the Trust, but not with respect to the Company, or (ii) an Investment Company Act Event solely with respect to the Trust, but not with respect to the Company.
Trust Special Redemption Event means (i) a Tax Event with respect to the Trust, or (ii) an Investment Company Act Event with respect to the Trust.

Examples of Trust Special Redemption Event in a sentence

  • In the case of redemption upon the occurrence of a Trust Special Redemption Event (as defined in the Agreement), the Company’s Capital Securities would be distributed, after satisfaction of the claims of the creditors, if any, on a pro rata basis to the Holders of the Trust Preferred Securities and the Holder of the Trust Common Security in liquidation of such Holders’ interest in the Trust.

  • In the case of redemption upon the occurrence of a Trust Special Redemption Event (as defined in the Agreement), the Class B Preferred Securities would be distributed, after satisfaction of the claims of the creditors, if any, on a pro rata basis to the Holders of the Trust Preferred Securities and the Holder of the Trust Common Security in liquidation of such Holders’ interest in the Trust.

  • Upon the occurrence of a Trust Special Redemption Event (as defined below) or in the event of any voluntary or involuntary liquidation, dissolution, winding up or termination of the Trust, holders of the Trust Preferred Securities will be entitled, in accordance with the terms of the Trust Agreement, to receive a corresponding number of the Company Class B Preferred Securities.

  • Upon the occurrence of a Trust Special Redemption Event or in the event of any voluntary or involun- tary dissolution, liquidation, winding up or termination of the Trust, holders of the Trust Securities, including the Trust Preferred Securities, will be entitled to receive a corresponding number of the Company Capital Securities.

  • If, at any time, a Trust Special Redemption Event occurs and is continuing, the Regular Trustees will, within 90 days following the occurrence of such Trust Special Redemption Event, dissolve the Trust upon at least 30 but not more than 60 days’ notice to the holders of the Trust Preferred Securities in accordance with the procedures described below under “– Notices” and upon at least 30 but not more than 60 days’ notice to, and consultation with, DTC and the Property Trustee.

  • Corruption Watch provides a platform for reporting corruption, investigates allegations of corruption, acts as a research and information centre, and mobilises campaigns against corruption.

  • Liquidation of the Trust upon Occurrence of a Trust Special Redemption Event.

  • The basic reason is that halos that accrete their sub- halos first have more time for those subhalos to be de- stroyed or to merge with the central object due to dynam- ical friction (e.g., Kravtsov & Klypin 1999; Taffoni et al.

  • The Bank, for so long as any of the Trust Securities are outstanding, shall not permit, or take any action to cause, the dissolution, liquidation, termination or winding up of the Trust, unless (i) a Trust Special Redemption Event or a Company Special Redemption Event occurs or (ii) the Company is itself in liquidation and the approval of any necessary regulatory authorities to such action has been received.

  • Upon the occurrence of a Trust Special Redemption Event or in the event of any voluntary or involun- tary liquidation, dissolution, winding up or termination of the Trust, holders of the Trust Securities, will be entitled to receive a pro rata amount of the Class B Preferred Securities in accordance with the terms of the Trust Agreement.

Related to Trust Special Redemption Event