Appointment of Successor Depository. If the Depository elects to discontinue its services as securities depository with respect to the Units, the Company may, in its sole discretion, appoint a successor Depository with respect to the Units, as long as such successor Depository constitutes a “clearing agency” registered under Section 17A of the Exchange Act.
Appears in 10 contracts
Samples: Purchase Contract and Pledge Agreement (South Jersey Industries Inc), Purchase Contract and Pledge Agreement (Spire Inc), Purchase Contract and Pledge Agreement (Dte Energy Co)
Appointment of Successor Depository. If the Depository elects to discontinue its services as securities depository with respect to the Units, the Company may, in its sole discretion, appoint a successor Depository with respect to the Units, as long as such successor Depository Depositary constitutes a “clearing agency” registered under Section 17A of the Exchange Act.
Appears in 8 contracts
Samples: Purchase Contract and Pledge Agreement (American Electric Power Co Inc), Purchase Contract and Pledge Agreement (American Electric Power Co Inc), Purchase Contract and Pledge Agreement
Appointment of Successor Depository. If the Depository elects to discontinue its services as securities depository with respect to the Units, the Company may, in its sole discretion, appoint a successor Depository with respect to the Units, as long as such successor Depository constitutes a “clearing agency” registered under Section 17A of the Exchange Act.
Appears in 2 contracts
Samples: Purchase Contract and Pledge Agreement (United Technologies Corp /De/), Purchase Contract and Pledge Agreement (Assured Guaranty LTD)
Appointment of Successor Depository. If the any Depository elects to discontinue its services as securities depository depositary with respect to the UnitsPreferred Securities, the Company Administrative Trustees may, in its their sole discretion, appoint a successor Depository with respect to the UnitsPreferred Securities. 63 69 ARTICLE 10 LIMITATION OF LIABILITY OF HOLDERS OF SECURITIES, as long as such successor Depository constitutes a “clearing agency” registered under Section 17A of the Exchange Act.TRUSTEES OR OTHERS
Appears in 1 contract
Samples: Trust Agreement (Hercules Inc)
Appointment of Successor Depository. If the Depository elects to discontinue its services as securities depository with respect to the Units, the Company Corporation may, in its sole discretion, appoint a successor Depository with respect to the Units, as long as such successor Depository constitutes a “clearing agency” registered under Section 17A of the Exchange ActAct when the Depository is required to be so registered to act as the Depository.
Appears in 1 contract
Samples: Purchase Contract and Pledge Agreement (Algonquin Power & Utilities Corp.)
Appointment of Successor Depository. If the any Depository elects to discontinue its services as securities depository with respect to the UnitsPreferred Securities, the Company Administrative Trustees may, in its their sole discretion, appoint a successor Depository with respect to the Units, as long as such successor Depository constitutes a “clearing agency” registered under Section 17A of the Exchange ActPreferred Securities.
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