Convertible Preferred Securities Guarantee definition

Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of March __, 1996, of the Sponsor in respect of the Convertible Preferred Securities.
Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of February 20, 1997, of the Sponsor in respect of the Convertible Preferred Securities.
Convertible Preferred Securities Guarantee means the Guarantee Agreement dated as of May 4, 1998 of the Sponsor in respect of the Convertible Preferred Securities.

Examples of Convertible Preferred Securities Guarantee in a sentence

  • Each Holder of Convertible Preferred Securities and Common Securities, by the acceptance thereof, agrees to the provisions of the Convertible Preferred Securities Guarantee and the Common Securities Guarantee, respectively, including the subordination provisions therein and to the provisions of the Indenture.

  • The Sponsor will provide a copy of the Declaration, the Convertible Preferred Securities Guarantee or the Common Securities Guarantee (as may be appropriate), and the Indenture to a Holder without charge on written request to the Sponsor at its principal place of business.

  • The Holder is entitled to the benefits of the Convertible Preferred Securities Guarantee to the extent provided therein.

  • The Convertible Preferred Securities Guarantee shall be deemed to be specifically described in this Declaration for purposes of clause (i) of the first provision contained in Section 310(b) of the Trust Indenture Act.

  • The Sponsor will provide a copy of the Declaration, the Convertible Preferred Securities Guarantee and the Indenture to a Holder without charge upon written request to the Trust at its principal place of business.

  • The Convertible Preferred Securities Guarantee Agreement shall be deemed to be specifically described in this Declaration for purposes of clause (i) of the first provision contained in Section 310(b) of the Trust Indenture Act.

  • This Convertible Preferred Securities Guarantee creates a guarantee of payment and not of collection.

  • The Convertible Preferred Securities Guarantee shall be deemed to be specifically described in this Declaration for purposes of clause (i) of the first provision contained in ss.

  • This Convertible Preferred Securities Guarantee will continue to be effective or will be reinstated, as the case may be, if at any time any Holder must restore payment of any sums paid under such Convertible Preferred Securities or under this Convertible Preferred Securities Guarantee.

  • The Sponsor will provide a copy of the Declaration, the Convertible Preferred Securities Guarantee and the Indenture to the Holder without charge upon written request to the Trust at its principal place of business.


More Definitions of Convertible Preferred Securities Guarantee

Convertible Preferred Securities Guarantee means the Guarantee dated as of September 29, 1999 made by the Borrower to guarantee the obligations of Caremark Trust in respect of the Convertible Preferred Securities and containing certain provisions subordinating the obligations of the Borrower thereunder to the obligations of the Borrower hereunder, as such agreement may be amended, supplemented or otherwise modified from time to time in accordance with the terms thereof, but solely to the extent permitted under the terms of the Loan Documents.
Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of ______, 1995, of the Sponsor in respect of the Preferred Securities.
Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of the date hereof, as modified or amended from time to time, of the Sponsor in respect of the Convertible Preferred Securities.
Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of __________, 20__, of the Sponsor in respect of the Convertible Preferred Securities.
Convertible Preferred Securities Guarantee means the guarantee agreement to be dated as of April 12, 2000, of the Sponsor in respect of the Convertible Preferred Securities.
Convertible Preferred Securities Guarantee means the amended and restated guarantee agreement to be dated as of the date hereof of the Sponsor in respect of the Convertible Preferred Securities.

Related to Convertible Preferred Securities Guarantee

  • Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities.

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Common Securities Guarantee means the guarantee agreement to be dated as of [ ] of the Sponsor in respect of the Common Securities.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • Securities Guarantees means the Common Securities Guarantee and the Preferred Securities Guarantee.

  • Other Common Securities Guarantees shall have the same meaning as "Other Guarantees" in the Common Securities Guarantee.

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Successor Capital Securities Guarantee Trustee means a successor Capital Securities Guarantee Trustee possessing the qualifications to act as Capital Securities Guarantee Trustee under Section 4.1.

  • Capital Securities Guarantee Trustee means The Bank of New York, a New York banking corporation, until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment pursuant to the terms of this Capital Securities Guarantee and thereafter means each such Successor Capital Securities Guarantee Trustee.

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Mandatorily Convertible Preferred Stock means cumulative preferred stock with (a) no prepayment obligation on the part of the issuer thereof, whether at the election of the holders or otherwise, and (b) a requirement that the preferred stock convert into Common Stock of the Corporation within three years from the date of its issuance at a conversion ratio within a range established at the time of issuance of the preferred stock.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • UST Preferred Stock means the Issuer’s Fixed Rate Cumulative Perpetual Preferred Stock, Series [●].

  • Preferred Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Definitive Preferred Securities Certificates means Preferred Securities issued in certificated, fully registered form that are not Global Preferred Securities.

  • Redeemable Preferred Stock of any Person means any preferred stock issued by such Person which is at any time prior to the Termination Date either (i) mandatorily redeemable (by sinking fund or similar payments or otherwise) or (ii) redeemable at the option of the holder thereof.

  • Series G Preferred Stock means the Corporation's Series G Convertible Preferred Stock, par value $0.004 per share.

  • Series A-2 Preferred Stock means shares of the Company’s Series A-2 Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.