Normal APEX definition

Normal APEX means the 12.000% Fixed-to-Floating Rate Normal APEX (liquidation amount $1,000 per security) issued by the Trust and fully and unconditionally guaranteed by the Corporation.
Normal APEX means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided for Normal APEX in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Normal APEX has the meaning specified in the Trust Agreement.

Examples of Normal APEX in a sentence

  • Unless indicated otherwise, as used in this prospectus supplement, “APEX” will include all three series of the APEX: Normal APEX, Stripped APEX and Capital APEX.

  • Distributions on the Normal APEX will accrue from May 15, 2007 and must be paid by the purchaser if the Normal APEX are delivered after May 15, 2007.

  • The initial public offering price does not include accrued distributions, if any, on the Normal APEX from May 15, 2007 to the date of delivery.

  • See “Underwriting” on page S-113.The underwriters expect to deliver the Normal APEX in book-entry form only through the facilities of The Depository Trust Company against payment on May 15, 2007.We and our affiliates may use this prospectus supplement and the accompanying prospectus in the initial sale of the Normal APEX, and in market-making transactions in the Normal APEX, Stripped APEX and Capital APEX after the initial sale of the Normal APEX.

  • At completion of this offering, the only beneficial interests in the Trust that will be outstanding are the Normal APEX and the Trust Common Securities.

  • The Trust will issue the APEX in three series that will correspond to different assets of the Trust: Normal APEX, Stripped APEX and Capital APEX.

  • Gift and Inheritance Taxation The gratuitous transfer of the Trust Preferred Securities by a holder as a gift or by reason of death is subject to German gift or inheritance tax, based on the market value of the Trust Preferred Securities at the time of thetransfer, if the holder of the Trust Preferred Securities or the recipient is a resident, or deemed to be a resident, of Germany.

  • Contract Award Split The District has the right to split the award in that Part A (Depot) and Part B (Pit) may be awarded to different bidders.

  • The Company will cause the certificates representing the Normal APEX to be made available to Goldman, Sachs & Co. for checking prior to the Time of Delivery (as defined below) at the office of DTC or its designated custodian (the “Designated Office”).

  • The Guarantor will take all other action necessary or appropriate to permit the public offering and sale of the Normal APEX to continue as contemplated in the expired registration statement relating to the Normal APEX.


More Definitions of Normal APEX

Normal APEX has the meaning specified in Recital A.
Normal APEX means a beneficial interest in the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided for Normal APEX in this Declaration of Trust, including the right to receive Distributions and a Liquidation Distribution as provided herein.
Normal APEX has the meaning specified in the Declaration of Trust.
Normal APEX has the meaning set forth in the third recital of this Second Supplemental Indenture.

Related to Normal APEX

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Normal Maximum Generation means the highest output level of a generating resource under normal operating conditions.

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Normal Fare means the highest priced fare established for a first, business or economy class service during the period of applicability.

  • Normal salary means the salary that would be paid to a participating employee if that person was not participating in a Plan and includes salary expressed as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate. It includes all allowances that are paid as an annual rate, fortnightly rate, weekly rate, daily rate or hourly rate but not overtime payments and shift work penalty rates unless they are paid as a component of an annualised rate.

  • Capital Appreciation Bonds means Bonds issued under this Master Indenture and any Supplemental Indenture as to which interest is compounded periodically on each of the applicable periodic dates designated for compounding and payable in an amount equal to the then-current Accreted Value only at the maturity or earlier redemption thereof, all as so designated in a Supplemental Indenture of the Issuer providing for the issuance thereof.

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any senior non preferred debt securities) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

  • Thermal efficiency means the useful electric energy output of a

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Normal Working Hours means 8 a.m. – 5 p.m., Monday – Friday, excluding PBI-observed U.S. holidays, in the time zone where the Equipment or other items are located.

  • Maintenance Capital Expenditures means, for any period, the portion of the aggregate amount of all Capital Expenditures of the Borrower for such period attributable to maintenance of property, plant or equipment of the Borrower and the Restricted Subsidiaries, as determined in good faith by a Responsible Officer of the Borrower.

  • Consolidated Current Liabilities means, as at any date of determination, the consolidated current liabilities of the Borrower and its Restricted Subsidiaries that may property be classified as current liabilities in conformity with GAAP, excluding, without duplication, the current portion of any long-term Indebtedness.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • COGS means the cost of goods sold as determined in accordance with U.S.GAAP;

  • Debt service extension base means an amount equal to that

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries, excluding amortization of debt discounts and deferred financing costs.

  • Normal operation means all periods of operation except start-up and shutdown operations and maintenance of equipment;

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Self-service storage facility or "facility" means any real property designed or used for the purpose of renting or leasing individual storage space to tenants who are to have access to that space for the purpose of storing and removing personal property.

  • Maintenance Period means the period so specified in an adoption agreement as a period of time—