Book-Entry Preferred Securities. (a) Each Global Preferred Security issued under this Agreement shall be registered in the name of the Clearing Agency or a nominee thereof and delivered to such Clearing Agency or a nominee thereof or custodian therefor, and each such Global Preferred Security shall constitute a single Preferred Securities Certificate for all purposes of this Agreement.
Appears in 5 contracts
Samples: Trust Agreement (Onb Capital Trust Iv), Trust Agreement (First Coastal Capital Trust), Trust Agreement (Onb Capital Trust Vi)