Underlying Securities Trustee definition

Underlying Securities Trustee means The Bank of New York.

Underlying Securities Trustee. The Bank of New York Underlying Securities 20030NAC5 CUSIP Number: Underlying Securities March 00, 0000 Original Issue Date: Underlying Securities $750,000,000 7.05% Notes due 2033 Original Amount Issued: (principal amount $1,000 per security) Underlying Securities 333-101861 Commission File Number: Underlying Securities March 15, 2033 Maturity Date: Underlying Securities March 15, 2033 Principal Payment Date: Underlying Securities March 15 and September 15, or if any such Interest Payment Dates: date is not a business day, then the next succeeding business day to the persons in whose names the Underlying Securities are registered at the close of business on the March 1 or September 1, respectively, immediately prior to the relevant interest payment date, subject to certain exceptions. Underlying Securities 7.05% per annum. Interest Rate: Underlying Securities March 1 and September 1. Record Dates: Underlying Securities The Underlying Securities Issuer will Redemption: have the option to redeem the Underlying Securities as a whole at any time or in part from time to time, at the option of the Underlying Securities Issuer, at a redemption price equal to the greater of (i) 100% of their principal amount and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the date of redemption) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at, in each case, the Treasury Rate plus 40 basis points, plus in each case accrued interest thereon to the date of redemption. Underlying Securities None. Collateral: Underlying Securities None. Amortization: Underlying Securities Semi-annual. Accrual Periods: Underlying Securities The Underlying Securities are denominated Authorized Denomination and payable in U.S. dollars and are and Specified Currency: available in minimum denominations of $1,000 and integral multiples thereof.

Underlying Securities Trustee means JPMorgan Chase Bank.

Examples of Underlying Securities Trustee in a sentence

• If an event of default under the Indenture occurs and is continuing, and if directed by a majority of the outstanding Class A-1 Certificateholders and Class A-2 Certificateholders, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.

• If an event of default under the Indenture occurs and is continuing, and if directed by Class A-1 Certificateholders representing 51% or more of the Voting Rights with respect thereto, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.

• If an event of default under the Underlying Securities Indenture occurs and is continuing, and if directed by all of the outstanding Class A-1 and Class A-2 Certificateholders, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.

• If an event of default under the Indenture occurs and is continuing, and if directed by a majority of the outstanding Class A-1 and Class A-2 Certificateholders, the Trustee shall vote the Underlying Securities in favor of directing, or take such other action as may be appropriate to direct, the Underlying Securities Trustee to declare the unpaid principal amount of the Underlying Securities and any accrued and unpaid interest thereon to be due and payable.

• Form of Security [Book-entry debt securities with DTC listed on the New York Stock Exchange.] Underlying Securities Trustee [ ].

More Definitions of Underlying Securities Trustee

Underlying Securities Trustee means Citibank, N.A.

Underlying Securities Trustee means [ ].

Underlying Securities Trustee. The Chase Manhattan Bank. Underlying Securities 00104PAC3 CUSIP Number: Underlying Securities February 0, 0000 Xriginal Issue Date: Underlying Securities $300,000,000 8.207% Series B Capital Original Amount Issued: Securities due February 3, 2027 (principal amount $1,000 per security) Underlying Securities 333-29333 Commission Filing Number: Underlying Securities February 3, 2027 Maturity Date: Underlying Securities February 3, 2027 Principal Payment Date: Underlying Securities February 15 and August 15, or if any such Interest Payment Dates: date is not a business day, then the next succeeding business day to the persons in whose names the Underlying Securities are registered at the close of business on February 1 or August 1 prior to the payment date, subject to certain exceptions. Underlying Securities 8.207 % per annum. Interest Rate: Underlying Securities February 1 and August 1. Record Dates: Underlying Securities The Underlying Securities will be subject to Redemption: mandatory redemption upon repayment of the junior subordinated debentures held by the Underlying Securities Issuer at maturity or their earlier redemption. The junior subordinated debentures are not redeemable at the option of the Underlying Securities Guarantor, except in the case of a Special Event.

Underlying Securities Trustee. The trustee for the Underlying Securities.

Underlying Securities Trustee means The Chase Manhattan Bank.

Underlying Securities Trustee means Bankers Trust (Delaware).

Underlying Securities Trustee means State Street Bank and Trust Company (successor in interest to Manufacturers Hanover Trust Company).