COVENANTS AND SUBORDINATION. SECTION 6.1. Subordination............................................................................. 13 SECTION 6.2. Pari Passu Guarantees..................................................................... 13 ARTICLE VII
COVENANTS AND SUBORDINATION. 15 Section 6.1 Subordination ............................................................. 15 Section 6.2 Pari Passu Guarantees ..................................................... 15 -i- TABLE OF CONTENTS (continued) Page ARTICLE VII TERMINATION ..................................................................... 16 Section 7.1 Termination ............................................................... 16 ARTICLE VIII MISCELLANEOUS ................................................................... 16 Section 8.1 Successors and Assigns .................................................... 16 Section 8.2 Amendments ................................................................ 16 Section 8.3 Notices ................................................................... 16 Section 8.4 Benefit ................................................................... 17 Section 8.5 Governing Law ............................................................. 18 Section 8.6 Counterparts .............................................................. 18 GUARANTEE AGREEMENT, dated as of ____________, 2003, between NORTHERN TRUST CORPORATION, a Delaware corporation (the "Guarantor"), having its principal xxxxxx xx Xxxxx Xxxxx XxXxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx 00000, and BANK ONE TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee (the "Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Preferred Securities (as defined herein) of NTC CAPITAL [III/IV/V], a Delaware statutory trust (the "Issuer Trust").
COVENANTS AND SUBORDINATION. Section 6.1. Subordination........................................... 15 Section 6.2. Pari Passu Guarantees................................... 15
COVENANTS AND SUBORDINATION. SECTION 6.1. SUBORDINATION................................................ 15 SECTION 6.2. PARI PASSU GUARANTEES........................................ 15 ARTICLE VII TERMINATION SECTION 7.1. TERMINATION................................................... 15 ARTICLE VIII MISCELLANEOUS
COVENANTS AND SUBORDINATION. Section 6.1 Subordination 13 Section 6.2 Pari Passu Guarantees 13
Section 7.1 Termination 13
COVENANTS AND SUBORDINATION. 12 Section 6.1. Subordination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Section 6.2. Pari Passu Guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
COVENANTS AND SUBORDINATION. 13 Section 6.1 Subordination.........................................................................13 Section 6.2 PARI PASSU Guarantees.................................................................13 ARTICLE VII. TERMINATION...........................................................................13 Section 7.1 Termination...........................................................................13
COVENANTS AND SUBORDINATION. 13 Section 6.1. Subordination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Section 6.2. Pari Passu Guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 ARTICLE VII. TERMINATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Section 7.1. Termination . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 4 Page ---- ARTICLE VIII. MISCELLANEOUS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Section 8.1. Successors and Assigns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Section 8.2. Amendments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Section 8.3. Notices . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Section 8.4. Benefit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Section 8.5. Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Section 8.6. Governing Law . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 GUARANTEE AGREEMENT This GUARANTEE AGREEMENT, dated as of ________ __, 199_, is executed and delivered by FIRST TENNESSEE NATIONAL CORPORATION, a Tennessee corporation (the "Guarantor") having its principal office at 165 Xxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxx 00000 xxx THE BANK OF NEW YORK, a New York banking corporation, as trustee (the "Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Preferred Securities and Common Securities (each as defined herein and together, the "Securities") of First Tennessee Capital IV, a Delaware statutory business trust (the "Issuer").
COVENANTS AND SUBORDINATION. Section 6.1. Subordination. 13 Section 6.2. Pari Passu Guarantees. 13 TERMINATION Section 7.1. Termination. 13
COVENANTS AND SUBORDINATION. Section 6.1 Subordination..........................................................12 Section 6.2 Pari Passu Guarantees..................................................12 ARTICLE VII TERMINATION Section 7.1 Termination............................................................12 ARTICLE VIII MISCELLANEOUS Section 8.1 Successors and Assigns.................................................12 Section 8.2 Amendments.............................................................13 Section 8.3 Notices................................................................13 Section 8.4 Benefit................................................................14 Section 8.5 Interpretation.........................................................14 Section 8.6 Governing Law..........................................................15 GUARANTEE AGREEMENT GUARANTEE AGREEMENT, dated as of __________, entered into between SOUTHERN CALIFORNIA EDISON COMPANY, a California corporation having its principal office at 2244 Walnut Grove Avenue, Rosemead, California 00000 (xxx "Xxxxxxxxx"), xxx XXX XXXX XX XXX XXXX XRUST COMPANY, N.A., as trustee (the "Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Preferred Securities (as defined herein) of SCE Trust [__], a Delaware statutory business trust (the "Issuer").
