Common use of Deemed Security Holders Clause in Contracts

Deemed Security Holders. The Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 4 contracts

Samples: Declaration of Trust (Uwharrie Capital Corp), Declaration of Trust (Bankatlantic Bancorp Inc), Declaration of Trust (Penn America Group Inc)

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Deemed Security Holders. The Trust, the Administrators, ----------------------- the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 4 contracts

Samples: Declaration of Trust (First Banks, Inc), Declaration of Trust (First Banks, Inc), Declaration of Trust (First Banks, Inc)

Deemed Security Holders. The Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 3 contracts

Samples: Declaration of Trust (State National Bancshares, Inc.), Declaration of Trust (Eurobancshares Inc), Declaration of Trust (Vineyard National Bancorp)

Deemed Security Holders. The Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 3 contracts

Samples: Declaration of Trust (Capstead Mortgage Corp), Declaration of Trust (Four Oaks Fincorp Inc), Declaration of Trust (SCBT Financial Corp)

Deemed Security Holders. The Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.thereof ARTICLE IX

Appears in 2 contracts

Samples: Declaration of Trust (United National Bancorp), Declaration of Trust (Ecb Bancorp Inc)

Deemed Security Holders. The Trust, the Administrators, ------------------------ the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 1 contract

Samples: Declaration of Trust (Community Capital Bancshares Inc)

Deemed Security Holders. The Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.thereof Center Bancorp, Inc./Amended and Restated Declaration of Trust/Floating Rate

Appears in 1 contract

Samples: Declaration of Trust (Center Bancorp Inc)

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Deemed Security Holders. The Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 1 contract

Samples: Declaration of Trust (Tower Group, Inc.)

Deemed Security Holders. The Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.. ARTICLE IX

Appears in 1 contract

Samples: Declaration of Trust (Coast Bancorp/Ca)

Deemed Security Holders. The Trust, the Administrators, the ----------------------- Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional Trustee, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.

Appears in 1 contract

Samples: Declaration of Trust (Prosperity Bancshares Inc)

Deemed Security Holders. The Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar may treat the Person in whose name any Certificate shall be registered on the books and records of the Trust as the sole holder of such Certificate and of the Securities represented by such Certificate for purposes of receiving Distributions and for all other purposes whatsoever and, accordingly, shall not be bound to recognize any equitable or other claim to or interest in such Certificate or in the Securities represented by such Certificate on the part of any Person, whether or not the Trust, the Administrators, the Institutional TrusteeTrustees, the Paying Agent, the Transfer Agent or the Registrar shall have actual or other notice thereof.thereof ARTICLE IX

Appears in 1 contract

Samples: Declaration of Trust (First Community Bancorp /Ca/)

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