Common use of Continuation of the Issuer Trust Clause in Contracts

Continuation of the Issuer Trust. 11 SECTION 2.1. Name......................................................................................11 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION 2.4. Issuance of the Capital Securities........................................................11 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures................11 SECTION 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16

Appears in 2 contracts

Samples: Trust Agreement (Bb&t Capital Trust I), Trust Agreement (Bb&t Corp)

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Continuation of the Issuer Trust. 11 SECTION 2.1. Section 2.1 Name.................................................................................................................................................................................. 11 SECTION 2.2. Section 2.2 Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION 2.3. ..................................... 12 Section 2.3 Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION 2.4. ................................. 12 Section 2.4 Issuance of the Capital Preferred Securities........................................................11 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of ............................................................ 12 Section 2.5 Subordinated Debentures................11 SECTION 2.6. ......................................................................... 12 Section 2.6 Declaration of Trust......................................................................12 SECTION 2.7. ............................................................................ 13 Section 2.7 Authorization to Enter into Certain Transactions..........................................12 SECTION ................................................ 13 Section 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16

Appears in 1 contract

Samples: Trust Agreement (Provident Trust Ii)

Continuation of the Issuer Trust. 11 12 SECTION 2.1. Name......................................................................................11 ............................................................................................12 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 .....................................12 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................................13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 ...................................................13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 ..13 SECTION 2.6. Declaration of Trust......................................................................12 ............................................................................13 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ................................................14 SECTION 2.8. Assets of Trust...........................................................................16 .................................................................................17 SECTION 2.9. Title to Trust Property...................................................................16.........................................................................17

Appears in 1 contract

Samples: Trust Agreement (Florida Community Banks Inc)

Continuation of the Issuer Trust. 11 12 SECTION 2.1. Name......................................................................................11 ............................................................................... 12 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ........................ 12 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................... 13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 ...................................... 13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16............................................................ 13

Appears in 1 contract

Samples: Trust Agreement (Community Financial Holding Co Inc)

Continuation of the Issuer Trust. 11 13 SECTION 2.1. Name......................................................................................11 ............................................................................................... 13 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ........................................ 13 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................................... 13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 ...................................................... 13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 ..... 14 SECTION 2.6. Declaration of Trust......................................................................12 ............................................................................... 14 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ................................................... 14 SECTION 2.8. Assets of Trust...........................................................................16 .................................................................................... 18 SECTION 2.9. Title to Trust Property...................................................................16............................................................................ 18

Appears in 1 contract

Samples: Trust Agreement (Crescent Banking Co)

Continuation of the Issuer Trust. 11 SECTION 12 Section 2.1. Name......................................................................................11 SECTION ................................................................................. 12 Section 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION .......................... 13 Section 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION ...................... 13 Section 2.4. Issuance of the Capital Preferred Securities........................................................11 SECTION ................................................. 13 Section 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION ....................................................... 14 Section 2.6. Declaration of Trust......................................................................12 SECTION ................................................................. 15 Section 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION ..................................... 15 Section 2.8. Assets of Trust...........................................................................16 SECTION ...................................................................... 19 Section 2.9. Title to Trust Property...................................................................16.............................................................. 19

Appears in 1 contract

Samples: Trust Agreement (First United Corp/Md/)

Continuation of the Issuer Trust. 11 SECTION Section 2.1. Name......................................................................................11 SECTION .......................................................................................12 Section 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ................................12 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 ........................................................................12 SECTION 2.4. Issuance of the Capital Securities........................................................11 .........................................................12 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures................11 .................13 SECTION 2.6. Declaration Continuation of Trust......................................................................12 13 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ...........................................14 SECTION 2.8. Assets of Trust...........................................................................16 ............................................................................18 SECTION 2.9. Title to Trust Property...................................................................16....................................................................18 ARTICLE III.

Appears in 1 contract

Samples: Trust Agreement (Keycorp Capital Ii)

Continuation of the Issuer Trust. 11 10 SECTION 2.1. Name......................................................................................11 .................................................... 10 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ................................................ 10 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 ................................................ 10 SECTION 2.4. Issuance of the Capital Securities........................................................11 ...................... 10 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures................11 .................................. 10 SECTION 2.6. Declaration Continuation of Trust......................................................................12 ................................... 11 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ........ 11 SECTION 2.8. Assets of Trust...........................................................................16 ......................................... 15 SECTION 2.9. Title to Trust Property...................................................................16................................. 15

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Citizens Banking Corp)

Continuation of the Issuer Trust. 11 SECTION 16 Section 2.1. Name......................................................................................11 SECTION .....................................................16 Section 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION ...............................................16 Section 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION ................................16 Section 2.4. Issuance of the Capital Securities........................................................11 SECTION .......................17 Section 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION .............17 Section 2.6. Declaration of Trust......................................................................12 SECTION .....................................18 Section 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION .........18 Section 2.8. Assets of Trust...........................................................................16 SECTION ..........................................22 Section 2.9. Title to Trust Property...................................................................16..................................22 ARTICLE III.................................................................22

Appears in 1 contract

Samples: Trust Agreement (City Holding Capital Trust Ii)

Continuation of the Issuer Trust. 11 SECTION 9 Section 2.1. Name......................................................................................11 SECTION Name ............................................................ 9 Section 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION ...... 9 Section 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION .. 10 Section 2.4. Issuance of the Capital Securities........................................................11 SECTION ............................... 10 Section 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures................11 SECTION .................................................... 10 Section 2.6. Declaration of Trust......................................................................12 SECTION ............................................. 10 Section 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION ................. 11 Section 2.8. Assets of Trust...........................................................................16 SECTION .................................................. 14 Section 2.9. Title to Trust Property...................................................................16.......................................... 14 ARTICLE III - - PAYMENT ACCOUNT.................................................... 14 Section 3.1. Payment Account.................................................. 14 ARTICLE IV -

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Santander Bancorp)

Continuation of the Issuer Trust. 11 SECTION 2.1. Section 2.1 Name...............................................................................................................................................................11 SECTION 2.2. Section 2.2 Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION 2.3. ..................12 Section 2.3 Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION 2.4. ..............12 Section 2.4 Issuance of the Capital Securities........................................................11 SECTION 2.5. ...........................................12 Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures................11 SECTION ...12 Section 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16

Appears in 1 contract

Samples: Trust Agreement (DPL Inc)

Continuation of the Issuer Trust. 11 12 SECTION 2.1. Name......................................................................................11 ..................................................................................12 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ...........................12 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .......................13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 .........................................13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 ............................................................................13 SECTION 2.6. Declaration of Trust......................................................................12 ..................................................................13 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ......................................14 SECTION 2.8. Assets of Trust...........................................................................16 .......................................................................17 SECTION 2.9. Title to Trust Property...................................................................16...............................................................17

Appears in 1 contract

Samples: Trust Agreement (CCF Holding Co)

Continuation of the Issuer Trust. 11 SECTION 2.1. 15 Section 2.1 Name......................................................................................11 SECTION 2.2. ........................................................................................15 Section 2.2 Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION 2.3. .................................16 Section 2.3 Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION 2.4. .............................16 Section 2.4 Issuance of the Capital Securities........................................................11 SECTION 2.5. ..........................................................16 Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION 2.6. ..............................................................................................16 Section 2.6 Declaration of Trust......................................................................12 SECTION 2.7. ........................................................................17 Section 2.7 Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. ............................................17 Section 2.8 Assets of Trust...........................................................................16 SECTION 2.9. .............................................................................21 Section 2.9 Title to Trust Property...................................................................16.....................................................................21

Appears in 1 contract

Samples: Trust Agreement (Triangle Capital Trust)

Continuation of the Issuer Trust. 11 SECTION 12 Section 2.1. Name......................................................................................11 SECTION .........................................................................12 Section 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION ..................12 Section 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION ..............13 Section 2.4. Issuance of the Capital Preferred Securities........................................................11 SECTION .........................................13 Section 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION .....................................................13 Section 2.6. Declaration of Trust......................................................................12 SECTION .........................................................13 Section 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION .............................14 Section 2.8. Assets of Trust...........................................................................16 SECTION ..............................................................17 Section 2.9. Title to Trust Property...................................................................16......................................................17 ARTICLE III

Appears in 1 contract

Samples: Trust Agreement (Mariner Capital Trust)

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Continuation of the Issuer Trust. 11 SECTION 2.1. Name......................................................................................11 ............................................................................................... SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ........................................ SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................................... SECTION 2.4. Issuance of the Capital Preferred Securities........................................................11 ............................................................... SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 ..... SECTION 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16.

Appears in 1 contract

Samples: Trust Agreement (First Citizens Bancshares Inc /De/)

Continuation of the Issuer Trust. 11 SECTION 2.1. Name...................................................................................................................................................................................................11 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business....................................................................11 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................................12 SECTION 2.4. Issuance of the Capital Securities........................................................11 ..............................................................12 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 ..12 SECTION 2.6. Declaration of Trust..................................................................................................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 ................................................13 SECTION 2.8. Assets of Trust............................................................................................................................................................16 SECTION 2.9. Title to Trust Property...................................................................16.........................................................................16 ARTICLE III

Appears in 1 contract

Samples: Trust Agreement (MBNK Capital Trust I)

Continuation of the Issuer Trust. 11 13 SECTION 2.1. Name......................................................................................11 ................................................................................... 13 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ............................ 13 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 ........................ 13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 .......................................... 13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures................11 Junior Subordinated Debentures ............................................................................ 14 SECTION 2.6. Authorization to Issue Additional Trust Securities; Authorization to Subscribe and Purchase Additional Junior Subordinated Debentures..................................... 14 SECTION 2.7. Declaration of Trust......................................................................12 ................................................................... 14 SECTION 2.72.8. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 ....................................... 15 SECTION 2.9. Title to Trust Property...................................................................16.

Appears in 1 contract

Samples: Trust Agreement (Assuranceamerica Corp)

Continuation of the Issuer Trust. 11 12 SECTION 2.1. Name......................................................................................11 ........................................................................ 12 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 ................. 12 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 ............. 13 SECTION 2.4. Issuance of the Restricted Capital Securities........................................................11 ............................... 13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16..................................................... 13

Appears in 1 contract

Samples: Trust Agreement (Southern Community Bancshares Inc /Ga)

Continuation of the Issuer Trust. 11 SECTION 2.1. Name...............................................................................................................................................................11 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business.................................................11 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses.........................................11 SECTION 2.4. Issuance of the Capital Securities...................................................................................................11 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Debentures...................11 SECTION 2.6. Declaration of Trust...............................................................................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions.......................................................................12 SECTION 2.8. Assets of Trust.........................................................................................................................................16 SECTION 2.9. Title to Trust Property.........................................................................................................................16

Appears in 1 contract

Samples: Trust Agreement (Bb&t Capital Trust I)

Continuation of the Issuer Trust. 11 SECTION 2.1. Section 2.1 Name...................................................................................................................................................................11 SECTION 2.2. Section 2.2 Office of the Delaware Trustee; Principal Place of Business.....................................................11 SECTION 2.3. Section 2.3 Initial Contribution of Trust Property; Organizational Expenses.............................................11 SECTION 2.4. Section 2.4 Issuance of the Capital Preferred Securities.....................................................................................................11 SECTION 2.5. Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures................11 SECTION 2.6. Declaration of Trust......................................................................12 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. Assets of Trust...........................................................................16 SECTION 2.9. Title to Trust Property...................................................................16Debt Securities..12

Appears in 1 contract

Samples: Trust Agreement (Everest Re Capital Trust Iii)

Continuation of the Issuer Trust. 11 12 SECTION 2.1. Name......................................................................................11 ...................................................... 12 SECTION 2.2. Office of the Delaware Trustee; Principal Place of Business...............................11 .................................................. 13 SECTION 2.3. Initial Contribution of Trust Property; Organizational Expenses...........................11 .................................................. 13 SECTION 2.4. Issuance of the Capital Trust Securities........................................................11 .......................... 13 SECTION 2.5. Issuance of the Common Securities; Subscription and Purchase of Subordinated Debentures................11 ....................... 14 SECTION 2.6. Declaration of Trust......................................................................12 ...................................... 14 SECTION 2.7. Authorization to Enter into Certain Transactions..........................................12 .......... 15 SECTION 2.8. Assets of Trust...........................................................................16 ........................................... 18 SECTION 2.9. Title to Trust Property...................................................................16................................... 19 ARTICLE III

Appears in 1 contract

Samples: Trust Agreement (Dillards Inc)

Continuation of the Issuer Trust. 11 SECTION 2.1. 13 Section 2.1 Name......................................................................................11 SECTION 2.2. ................................................................................... 13 Section 2.2 Office of the Delaware Trustee; Principal Place of Business...............................11 SECTION 2.3. ............................ 13 Section 2.3 Initial Contribution of Trust Property; Organizational Expenses...........................11 SECTION 2.4. ........................ 13 Section 2.4 Issuance of the Capital Preferred Securities........................................................11 SECTION 2.5. ................................................... 13 Section 2.5 Issuance of the Common Securities; Subscription and Purchase of Junior Subordinated Debentures................11 SECTION 2.6. ................................................................ 14 Section 2.6 Declaration of Trust......................................................................12 SECTION 2.7. ................................................................... 14 Section 2.7 Authorization to Enter into Certain Transactions..........................................12 SECTION 2.8. ....................................... 15 Section 2.8 Assets of Trust...........................................................................16 SECTION 2.9. ........................................................................ 19 Section 2.9 Title to Trust Property...................................................................16................................................................ 19 ARTICLE III

Appears in 1 contract

Samples: Trust Agreement (Northeast Bancorp /Me/)

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