Common use of Covenants as to Trust Clause in Contracts

Covenants as to Trust. In the event Debt Securities are issued and sold to a Trust in connection with the issuance of Trust Securities by such Trust, for so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities of such Trust; PROVIDED, HOWEVER, that any permitted successor of the Company under the Indenture may succeed to the Company's ownership of such Common Securities, (ii) not cause, as sponsor of such Trust, or permit, as holder of Common Securities of such Trust, the dissolution, winding-up or termination of such trust, except in connection with a distribution of Debt Securities as provided in the Declaration and in connection with certain mergers, consolidations or amalgamations permitted by the Declaration and (iii) use its reasonable efforts to cause such Trust (a) to remain a business trust, except in connection with a distribution of Debt Securities to the holders of Trust Securities in liquidation of such Trust, the redemption of all of the Trust Securities of such Trust or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of such Trust, and (b) to otherwise continue to be classified for United States federal income tax purposes as a grantor trust.

Covenants as to Trust. In the event Debt Securities Notes are issued and sold to a Securities Trust in connection with the issuance of Trust Securities by such Securities Trust, for so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities (as defined in the Trust Agreement) of such Securities Trust; PROVIDEDprovided, HOWEVERhowever, that any permitted successor of the Company under the this Indenture may succeed to the Company's ownership of such Common Securities, (ii) not cause, as sponsor of such Securities Trust, or permit, as holder of the Common Securities of such Securities Trust, the dissolution, winding-up or termination of such trustSecurities Trust, except in connection with a distribution of Debt Securities Notes as provided in the Declaration Trust Agreement and in connection with certain mergers, consolidations or amalgamations permitted by the Declaration Trust Agreement and (iii) use its reasonable efforts to cause such Securities Trust (a) to remain a business trust, except in connection with a distribution of Debt Securities to the holders of Trust Securities in liquidation of such TrustNotes, the redemption of all of the Trust Securities of such Securities Trust or certain mergers, consolidations or amalgamations, each as permitted by the Declaration Trust Agreement of such Securities Trust, and (b) to otherwise continue to be classified for United States federal income tax purposes as a grantor trust.

Covenants as to Trust. In the event Debt Securities are issued and sold to a Trust in connection with the issuance of Trust Securities by such Trust, for so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities of such Trust; PROVIDED, HOWEVER, that any permitted successor of the Company under the Indenture may succeed to the Company's ownership of such Common Securities, (ii) not cause, as sponsor of such Trust, or permit, as holder of Common Securities of such Trust, the dissolution, winding-up or termination of such trust, except in connection with a distribution of Debt Securities as provided in the Declaration and in connection with certain mergers, consolidations or amalgamations permitted by the Declaration and (iii) use its reasonable efforts to cause such Trust (a) to remain a business trust, except in connection with a distribution of Debt Securities to the holders of Trust Securities in liquidation of such TrustSecurities, the redemption of all of the Trust Securities of such Trust or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of such Trust, and (b) to otherwise continue to be classified for United States federal income tax purposes as a grantor trust.