Common use of Benefit Clause in Contracts

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 117 contracts

Samples: Guarantee Agreement (Southwestern Electric Power Co), Preferred Securities Guarantee Agreement, Guarantee Agreement (Alabama Power Capital Trust Iv)

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Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a3.1(a), is not separately transferable from the Preferred Securities.

Appears in 28 contracts

Samples: Guarantee Agreement (Washington Mutual Capital Trust 2001), Guarantee Agreement (New York Community Capital Trust I), Guarantee Agreement (Indymac Bancorp Inc)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Trust Securities.

Appears in 26 contracts

Samples: Guarantee Agreement (Southwest Gas Corp), Trust Securities Guarantee Agreement (PPL Capital Funding Inc), Guarantee Agreement (Txu Gas Capital Iv)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.01(a3.1(a), is not separately transferable from the Preferred Securities.

Appears in 19 contracts

Samples: Preferred Securities Guarantee Agreement (KCPL Financing Ii), Guarantee Agreement (Bear Stearns Capital Trust Iv), Preferred Securities Guarantee Agreement (Great Western Financial Trust Iii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, of the Preferred Securities and subject to Section 3.01(a), 3.1(a) is not separately transferable from the Preferred Securities.

Appears in 12 contracts

Samples: Preferred Securities Guarantee Agreement (HSBC Finance Capital Trust IX), Preferred Securities Guarantee Agreement (Household Capital Trust Vi), Preferred Securities Guarantee Agreement (Mediaone Finance Trust Ii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), 3.1(a) is not separately transferable from the Preferred Securities.

Appears in 12 contracts

Samples: Guarantee Agreement (Odyssey Re Holdings Corp), Guarantee Agreement (Ual Corp /De/), Guarantee Agreement (Ford Motor Co Capital Trust I)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Trust Preferred Securities.

Appears in 12 contracts

Samples: Guarantee Agreement (DRH Regrem Xii Lp), Guarantee Agreement (Semco Energy Inc), Guarantee Agreement (HPH Homebuilders 2000 Lp)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Capital Securities.

Appears in 11 contracts

Samples: Guarantee Agreement (Gulf Power Capital Trust Ii), Exchange Capital Securities Guarantee Agreement (Southern Co Capital Trust Ii), Capital Securities Guarantee Agreement (Southern Co Capital Trust I)

Benefit. This Guarantee Agreement is solely for the benefit of the Guarantee Trustee and the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 10 contracts

Samples: Guarantee Agreement (Centex Corp), Guarantee Agreement (Raytheon Co/), Guarantee Agreement (Calpine Capital Trust Iv)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), ) is not separately transferable from the Preferred Securities.

Appears in 9 contracts

Samples: Guarantee Agreement (Litchfield Capital Trust Ii), Guarantee Agreement (Pogo Producing Co), Guarantee Agreement (Litchfield Capital Trust Ii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 7 contracts

Samples: Preferred Securities Guarantee Agreement (Chemed Capital Trust), Preferred Securities Guarantee Agreement (Hanover Compressor Capital Trust), Preferred Securities Guarantee Agreement (Chemed Corp)

Benefit. This Guarantee GUARANTEE Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), ) is not separately transferable from the Preferred Securities.

Appears in 7 contracts

Samples: Guarantee Agreement (JPM Capital Trust Ii), Guarantee Agreement (JPM Capital Trust Ii), Guarantee Agreement (JPM Capital Trust Iv)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, of the Preferred Securities and subject to Section 3.01(a), ) is not separately transferable from the Preferred Securities.

Appears in 5 contracts

Samples: Preferred Securities Guarantee Agreement (Occidental Petroleum Corp /De/), Preferred Securities Guarantee Agreement (Occidental Petroleum Corp /De/), Preferred Securities Guarantee Agreement (Oxy Capital Trust Iii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), 3. 1 (a) is not separately transferable from the Preferred Securities.

Appears in 5 contracts

Samples: Guarantee Agreement, Guarantee Agreement (Ford Motor Co), Guarantee Agreement (Ford Motor Co)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Trust Preferred Securities and, subject to Section 3.01(a), is not separately transferable from the Trust Preferred Securities.

Appears in 4 contracts

Samples: Guarantee Agreement, Guarantee Agreement (Ally Financial Inc.), Guarantee Agreement (Ally Financial Inc.)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a3.1(a), is not separately transferable from the Preferred Securities.

Appears in 4 contracts

Samples: Guarantee Agreement (Radian Group Capital Trust II), Guarantee Agreement (Entergy Power Uk PLC), Guarantee Agreement (Harleysville Group Inc)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Preferred Securities and the Preferred Guarantee Trustee and, subject to Section 3.01(a3.1(a), is not separately transferable from the Preferred Securities.

Appears in 3 contracts

Samples: Preferred Securities Guarantee Agreement (Northwestern Corp), Guarantee Agreement (Northwestern Corp), Preferred Securities Guarantee Agreement (Northwestern Corp)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Convertible Preferred Securities and, subject to Section 3.01(a3.1(a), is not separately transferable from the Convertible Preferred Securities.

Appears in 2 contracts

Samples: Convertible Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P), Convertible Preferred Securities Guarantee Agreement (Citizens Utilities Capital L P)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, ------- subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Samples: Guarantee Agreement (Mississippi Power Capital Trust Iii), Guarantee Agreement (Georgia Power Co)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Trust Preferred Securities and, subject to Section 3.01(a3.1(a), is not separately transferable from the Trust Preferred Securities.

Appears in 2 contracts

Samples: Securities Purchase and Exchange Agreement, Trust Preferred Securities Guarantee Agreement (Gmac Inc.)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.. 22 22

Appears in 2 contracts

Samples: Guarantee Agreement (Morgan J P Index Funding Co I), Guarantee Agreement (Morgan J P Index Funding Co I)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders andHolders, subject to Section 3.01(a3.1(a), and is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Samples: Guarantee Agreement (Bankunited Capital Ii), Guarantee Agreement (Bankunited Capital Ii)

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Benefit. This Guarantee Agreement is solely for the benefit ------- of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Samples: Guarantee Agreement (Duke Capital Financing Trust Iii), Guarantee Agreement (Duke Energy Capital Trust Ii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, of the Common Securities and subject to Section 3.01(a), ) is not separately transferable from the Preferred Common Securities.

Appears in 2 contracts

Samples: Common Securities Guarantee Agreement (Bergen Brunswig Corp), Common Securities Guarantee Agreement (Bergen Brunswig Corp)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Common Securities and the Preferred Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Avista Corp)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Samples: Declaration of Trust (NVP Capital Iii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, of the Preferred Securities and subject to Section 3.01(a), 3.1(a) is not separately -------------- transferable from the Preferred Securities.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Sempra Energy Holdings)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), 3.1(a) is not separately transferable from the Preferred Securities.. 18 20

Appears in 1 contract

Samples: Guarantee Agreement (Aetna Capital Trust Iv)

Benefit. This Guarantee Agreement is solely for the benefit ------------ ------- of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Trust Securities.

Appears in 1 contract

Samples: Trust Securities Guarantee Agreement (Yorkshire Power Group LTD)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Trust Securities.

Appears in 1 contract

Samples: Trust Securities Guarantee Agreement (PPL Corp)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, and subject to Section 3.01(a), ) is not separately transferable from the Preferred Securitiessecurities.

Appears in 1 contract

Samples: Guarantee Agreement (Time Warner Inc)

Benefit. This Guarantee Agreement is solely for the -------- benefit of the Holders and, and subject to Section 3.01(a), ) is not separately transferable from the Preferred Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Time Warner Capital Iii)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred __________ Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Enserch Capital I)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Tu Electric Capital V)

Benefit. This Guarantee Agreement is solely for the benefit of the Holders and, -------- subject to Section 3.01(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Samples: Guarantee Agreement (Gulf Power Co)

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