Examples of Participating Series in a sentence
If after exhausting the Cash Amount, the Trustee has insufficient moneys to pay interest, principal or mandatory sinking fund payments on Participating Series, the Trustee shall draw on the Credit Facilities deposited in the Issue 1 Reserve Account on a pro rata basis to the extent required to remedy the remaining deficiency.
With these considerations in mind, we examine the arguments of the European Communities on this issue.
In the event that the Trustee determines on any valuation date that the amount in the Issue 1 Reserve Account exceeds Aggregate Maximum Annual Debt Service on all then Outstanding Bonds of the Participating Series, upon the request of the Commission signed by an Authorized Commission Representative, the Trustee shall transfer the amount of such excess to the Treasurer for deposit in the Revenues Account.
There shall be a series of Preferred Stock of the Corporation which shall be designated as “Junior Participating Series A Preferred Stock” without par value (hereinafter called “Junior Preferred Stock”), and the number of shares constituting such series shall be 400,000.
As of the date hereof, 400,000 shares are designated Preferred Stock, Cumulative Junior Participating Series C ("Parent Series C Preferred Stock") and are reserved for issuance in accordance with the Rights Agreement dated as of March 4, 1991, by and between Parent and Chasx Xxxxxx Xxxreholder Services, L.L.C., as Rights Agent ("Parent Rights Agreement"), pursuant to which Parent has issued rights ("Parent Rights") to purchase shares of Parent Series C Preferred Stock.
In the event that after the substitution of a Credit Facility for all or any part of the amounts on deposit in the Issue 1 Reserve Account, the amount in the Issue 1 Reserve Account is greater than Aggregate Maximum Annual Debt Service of the then Outstanding Bonds of Participating Series, upon the request of an Authorized Commission Representative, the Trustee shall transfer such excess to the Commission to be used solely for Airport purposes.
In the event that the Trustee shall be required to apply amounts in the Issue 1 Reserve Account to pay interest, principal or mandatory sinking fund payments on Participating Series, the Trustee shall apply all amounts (the “Cash Amount”) in the Issue 1 Reserve Account other than amounts available pursuant to draws on Credit Facilities deposited in the Issue 1 Reserve Account to such payments before drawing on any such Credit Facility.
Miscellaneous 23 SCHEDULE A Separate Accounts and Contracts 26 SCHEDULE B Participating Series 27 FUND PARTICIPATION AGREEMENT THIS AGREEMENT, made as of this 28th day of December, 2000 by and among Hartford Life insurance Company ("Hartford").
The resolutions set forth above are in accordance with Section 17-6401 of the Kansas General Corporation Code, and are permitted by the resolutions set forth in the Certificate of Designation of Class B Junior Participating Series Preferred Stock.
These rules should be enforced consistently with previously determined consequences.