REDEMPTION OF DEBENTURES. The Common Securities may be redeemed only if Debentures having an aggregate principal amount equal to the aggregate liquidation amount of the Preferred Securities and the Common Securities are repaid or redeemed as set forth below:
Appears in 2 contracts
Samples: Trust Agreement (Acs Trust I), Pogo Trust Ii
REDEMPTION OF DEBENTURES. The Common Preferred Securities may be redeemed only if Debentures having an aggregate principal amount equal to the aggregate liquidation amount of the Preferred Securities and the Common Securities are repaid or redeemed as set forth below:
Appears in 2 contracts
Samples: Trust Agreement (Acs Trust I), Pogo Trust Ii