Effectiveness of this Article. Except for Section 8.2(a) and 8.2(b), this Article VIII shall become effective only upon a distribution of the Debentures upon dissolution of the Trust which occurs prior to the Remarketing of the Preferred Securities pursuant to the Declaration. Until such a distribution, or if such distribution occurs after the Remarketing of the Preferred Securities pursuant to the Declaration, this Article VIII (except for Section 8.2(a) and 8.2(b)) shall have no effect.
Appears in 6 contracts
Samples: First Supplemental Indenture (New York Community Bancorp Inc), First Supplemental Indenture (New York Community Capital Trust I), First Supplemental Indenture (New York Community Bancorp Inc)
Effectiveness of this Article. Except for Section 8.2(a) and 8.2(b), this Article VIII shall become effective only upon a distribution of the Debentures upon dissolution of the Trust which occurs prior to the Remarketing of the Preferred Securities pursuant to the DeclarationTrust Agreement. Until such a distribution, or if such distribution occurs after the Remarketing of the Preferred Securities pursuant to the DeclarationTrust Agreement, this Article VIII (except for Section 8.2(a) and 8.2(b)) shall have no effect.
Appears in 1 contract