Common use of Covenant to List on Exchange Clause in Contracts

Covenant to List on Exchange. If the Debentures are distributed to the holders of the Preferred Securities upon dissolution of the Trust, Industries and Capital Markets will use their best efforts to list such Debentures on the New York Stock Exchange or on such other exchange as the Preferred Securities are then listed.

Appears in 2 contracts

Samples: First Supplemental Indenture (Nipsco Industries Inc), First Supplemental Indenture (Nisource Inc)

AutoNDA by SimpleDocs

Covenant to List on Exchange. If the Subordinated Debentures are to be distributed to the holders of the Preferred Securities upon dissolution of a Dissolution Event, the Trust, Industries and Capital Markets Company will use their its best efforts to list such Subordinated Debentures on the New York Stock Exchange or on such other exchange as the Preferred Securities are then listed.

Appears in 1 contract

Samples: Second Supplemental Indenture (Northwestern Capital Financing I)

AutoNDA by SimpleDocs

Covenant to List on Exchange. If the Debentures are distributed to the holders of the Preferred Securities upon dissolution of the Trust, Industries and Capital Markets will the Company shall use their its best efforts to list such Debentures on the New York Stock Exchange or on such other exchange as the Preferred Securities are then listed, if listed.

Appears in 1 contract

Samples: Second Supplemental Indenture (Sovereign Capital Trust Iii)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!