Dissolution Election definition

Dissolution Election means that, as a result of the election of the Company, as Sponsor, the Trust is to be dissolved in accordance with the Declaration, and the Notes held by the Property Trustee are to be distributed to the holders of the Trust Securities issued by the Trust pro rata or in any other manner specified in the Declaration.
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Dissolution Election means that, as a result of the election of the Company, as Sponsor, the Trust is to be dissolved in accordance with the Declaration, and the Notes held by the Property Trustee are to be distributed to the holders of the Trust Securities issued by the Trust pro rata in accordance with the Declaration.
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Dissolution Election means the election, at any time, by the Holders of the Common Securities given in writing to the Property Trustee, to dissolve the Trust and to distribute the Debentures to holders of the Capital Securities in exchange for the Capital Securities (which election is optional and wholly within the discretion of the Holders of the Common Securities, subject to the prior approval of the Federal Reserve, if required).
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Examples of Dissolution Election in a sentence

  • If the Notes are to be issued as a Global Note in connection with the distribution of the Notes to the holders of the Capital Securities upon a Dissolution Election, the Company will use its best efforts to list such Notes on any stock exchanges on which the Capital Securities are then listed.

  • Such withholding of payment shall not amount to a default on the part of the Bank and Bank will not be liable to pay any interest on such payments withheld by the Bank.

  • If the Notes are to be issued as a Global Note in connection with the distribution of the Notes to the holders of the Capital Securities issued by the Trust upon a Dissolution Election, the Company will use its best efforts to list such Notes on any stock exchanges on which the Capital Securities are then listed.

  • Maintenance will be arranged and funded via the W&PTP, initially using remaining DfT grant and subsequently via a combination of on-bus revenue and funds raised independently by the W&PTP as a company limited by guarantee and registered charity.

  • If the Debentures are to be issued as a Global Debenture in connection with the distribution of the Debentures to the holders of the Capital Securities issued by the Trust upon a Dissolution Election, the Company will use its best efforts to list such Debentures on any stock exchanges on which the Capital Securities are then listed.

  • If the Debt Securities are to be issued as a Global Debt Security in connection with the distribution of the Debt Securities to the holders of the Capital Securities upon a Dissolution Election, the Company will use its best efforts to list such Debt Securities on any stock exchanges on which the Capital Securities are then listed.


More Definitions of Dissolution Election

Dissolution Election is defined in Section 11.1.A hereof.
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Related to Dissolution Election

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • 10) Election has the meaning set forth in Section 6.05(a).

  • Distribution Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the time and form of distribution.

  • Early Opt-in Election means the occurrence of:

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • LCA Election has the meaning specified in Section 1.09(a).

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Dissolution Date means, as the case may be:

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Election cycle means the period beginning on the first day persons are eligible to

  • Primary election means any regular primary election held under the election

  • Dissolution Event has the meaning set forth in Section 6.1.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Election Date has the meaning specified in Section 3.12(h).

  • Mixed Election has the meaning set forth in Section 3.01(b)(iii).

  • Special Enrollment Period means a period of time allowed under this Plan, other than the eligible person’s Initial Enrollment Period or an Open Enrollment Period, during which an eligible person can request coverage under this Plan as a result of certain events that create special enrollment rights.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Non-Election Shares shall have the meaning set forth in Section 3.2.1.

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.