Common use of DISTRIBUTION OF CASH UPON THE OCCURRENCE OF AN EXCHANGE EVENT Clause in Contracts

DISTRIBUTION OF CASH UPON THE OCCURRENCE OF AN EXCHANGE EVENT. If the Exchange Event is the redemption or Buy-Back of the ANZ Preference Shares for cash, to distribute to the Holders as soon as possible after receipt by the Trust, the cash distributable to Holders upon the redemption of the Debt Securities and/or the Jersey Preference Shares pursuant to Sections 2.06(a)(1)(B), 2.06(a)(2) and/or 2.06(b)

Appears in 3 contracts

Samples: Trust Agreement (Def Exchangeable Preferred Trust), Trust Agreement (Anz Exchangeable Preferred Trust Ii), Trust Agreement (Anz Exchangeable Preferred Trust)

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DISTRIBUTION OF CASH UPON THE OCCURRENCE OF AN EXCHANGE EVENT. If the Exchange Event is the redemption or redemption, Buy-Back or Capital Reduction of the ANZ NAB Preference Shares for cash, to distribute to the Holders as soon as possible after receipt by the Trust, the cash distributable to Holders upon the redemption of the Debt Securities and/or the Jersey Preference Shares pursuant to Sections 2.06(a)(1)(B), 2.06(a)(2) and/or 2.06(b)

Appears in 1 contract

Samples: Trust Agreement (Nab Exchangeable Preferred Trust)

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