Continuation of the Trust. 10 SECTION 2.1 Name........................................................................ 10 SECTION 2.2 Office of the Delaware Trustee; Principal Place of Business.................................................................... 10 SECTION 2.3 Initial Contribution of Trust Property; Organizational Expenses.................................................................... 11 SECTION 2.4 Issuance of the Preferred Securities........................................ 11 SECTION 2.5 Issuance of the Common Securities; Subscription and Purchase of Subordinated Debt Securities.................................... 11 SECTION 2.6 Declaration of Trust........................................................ 12 SECTION 2.7 Authorization to Enter into Certain Transactions............................ 12 SECTION 2.8
Continuation of the Trust. The parties hereto agree that (i) the assignment of the Depositor's Interest, the Substitute Depositor becoming the depositor of the Trust and the Original Depositor's ceasing to be the depositor of the Trust shall not dissolve the Trust and (ii) the business of the Trust shall continue without dissolution.
Continuation of the Trust. 10 SECTION 2.1 Name. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 SECTION 2.2 Office of the Delaware Trustee; Principal Place of Business. . . . . . . . . . . . . . . . 10 SECTION 2.3 Initial Contribution of Trust Property; Organizational Expenses. . . . . . . . . . . . . . 10 SECTION 2.4 Issuance of the Preferred Securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 SECTION 2.5 Issuance of the Common Securities; Subscription and Purchase of Debentures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 SECTION 2.6 Declaration of Trust. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 SECTION 2.7 Authorization to Enter into Certain Transactions. . . . . . . . . . . . . . . . . . . . . . 12 SECTION 2.8
Continuation of the Trust. 14 SECTION 2.01. Name...................................... 14 SECTION 2.02. Office of the Delaware Trustee; Principal Place of Business............... 14
Continuation of the Trust. 11 Section 2.01 Name........................................................................... 11 Section 2.02 Office of the Delaware Trustee; Principal Place of Business.................... 11 Section 2.03 Initial Contribution of Trust Property; Expenses of the Trust.................. 11 Section 2.04 Issuance of the Trust Securities............................................... 12 Section 2.05 Purchase of Debentures......................................................... 12 Section 2.06 Declaration of Trust........................................................... 12 Section 2.07 Authorization to Enter into Certain Transactions............................... 13 Section 2.08 Assets of Trust................................................................ 17 Section 2.09 Title to Trust Property........................................................ 17
Continuation of the Trust. Section 201. NAME. The Trust continued hereby shall be known as "Union Electric Capital Trust __," as such name may be modified from time to time by the Administrators following written notice to the Holders of Trust Securities and the Trustees, in which name the Administrators and the Trustees may engage in the transactions contemplated hereby, make and execute contracts and other instruments on behalf of the Trust and xxx and be sued.
Continuation of the Trust. The parties hereby agree to continue the existence of the Trust as a business statutory trust pursuant to the Act and the provisions of this Agreement. The Trustee shall execute and file such amendments to this Agreement and shall do all other things, and the Unitholders undertake to cooperate with the Trustee and Managing Operator, as applicable, in doing so as well as to execute and furnish to the Trustee or Managing Operator, as applicable, all documents, which the Managing Operator or Trustee, as applicable, may deem necessary or advisable in order to perfect and maintain the Trust as a statutory business trust pursuant to the laws of the State of Delaware and all other jurisdictions in which the Trust conducts business. Nothing in this Agreement shall be construed to make the Unitholders partners or members of a joint stock association except to the extent that such Unitholders are deemed to be partners under the Internal Revenue Code of 1986, as amended (the “Code”), and applicable state and local tax laws. Notwithstanding the foregoing, it is the intention of the parties hereto that the Trust be treated as a partnership for purposes of taxation under the Code and applicable state and local tax laws. Effective as of the date hereof, the Trustee and the Managing Operator shall have all of the rights, powers and duties set forth herein and in the Act with respect to accomplishing the purposes of the Trust.
Continuation of the Trust. SECTION 2.01. NAME. The Trust continued hereby shall be known as "FPL Group Capital Trust I", as such name may be modified from time to time by the Administrative Trustees following written notice to the Holders of Trust Securities and the other Trustees, in which name the Trustees may conduct the business of the Trust, make and execute contracts and other instruments on behalf of the Trust and sue and be sued.
Continuation of the Trust. The Trust created by this Second Restated Indenture shall continue so long as the Trustees hold unexpended funds or other assets which are part of the Legacy Fund or which were otherwise restricted as to purpose by the donor or the testator.
Continuation of the Trust. SECTION 2.1.
