Common use of Execution and Delivery of Trust Securities Certificates Clause in Contracts

Execution and Delivery of Trust Securities Certificates. On the Closing Date, the Administrative Trustees, or any one of them, shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.04 and 2.05, to be executed on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signature, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or upon the written order of the Depositor signed by its chairman of the board, any of its vice presidents or its treasurer, without further corporate action by the Depositor, in authorized denominations.

Appears in 13 contracts

Samples: Trust Agreement (PPL Capital Funding Inc), Trust Agreement (Aep Capital Trust Iii), Trust Agreement (Pp&l Capital Funding Trust I)

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Execution and Delivery of Trust Securities Certificates. On At or prior to the Closing Date, the Administrative Trustees, or any one of them, Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.04 and 2.05, to be executed on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signature, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or the Property Trustee and upon such delivery the Property Trustee shall countersign such Trust Securities Certificates and make available for delivery such Trust Securities Certificates upon the written order of the Depositor Depositor, signed by its chairman of the board, president, any of its executive vice presidents president or its treasurerany vice president, treasurer or assistant treasurer or controller without further corporate action by the Depositor, in authorized denominations.

Appears in 4 contracts

Samples: Guaranty Capital Trust I, Commonwealth Bankshares Inc, Resource Capital Trust I

Execution and Delivery of Trust Securities Certificates. On At the Closing Date, the Administrative Trustees, or any one of them, Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.04 and 2.05, to be executed on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signature, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or the Property Trustee and upon such delivery the Property Trustee shall countersign such Trust Securities Certificates and deliver such Trust Securities Certificates upon the written order of the Depositor Depositor, signed by its chairman of the boardboard and president, any of its executive vice presidents president or its treasurerany vice president, treasurer or assistant treasurer or controller without further corporate action by the Depositor, in authorized denominations.

Appears in 4 contracts

Samples: Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc)

Execution and Delivery of Trust Securities Certificates. On At the Closing Date, the Administrative Trustees, or any one of them, Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.04 and 2.05, to be executed on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signature, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or the Property Trustee and upon such delivery the Property Trustee shall countersign such Trust Securities Certificates and make available for delivery such Trust Securities Certificates upon the written order of the Depositor Depositor, signed by its chairman of the board, president, any of its executive vice presidents president or its treasurerany vice president, treasurer or assistant treasurer or controller without further corporate action by the Depositor, in authorized denominations.

Appears in 1 contract

Samples: Highlands Capital Trust I

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Execution and Delivery of Trust Securities Certificates. On the Closing Date, the Administrative Trustees, or any one of them, Administrators shall cause Trust Securities Certificates, consisting of the Capital Securities in the aggregate Initial Liquidation Preference as provided in Section 2.4 and the Common Securities having an aggregate Initial Liquidation Amount as provided in Sections 2.04 and 2.05Section 2.5, to be executed by an Administrator on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signature, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or upon the written order of the Depositor Depositor, signed by its chairman of the board, its president, any of its executive vice presidents president or its treasurerany vice president, treasurer or assistant treasurer or controller, without further corporate action by the DepositorDepositor and without further action by the Trust, in authorized denominations.

Appears in 1 contract

Samples: Trust Agreement (Metrocorp Inc)

Execution and Delivery of Trust Securities Certificates. On the Closing Date, the Administrative Trustees, or any one of them, shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.04 and 2.05, to be executed on behalf of the Trust, and in the case of Preferred Trust Securities executed by facsimile signatureSecurities, countersigned by the Transfer Agent and Registrar, or its agent, and delivered to or upon the written order of the Depositor signed by its chairman of the board, any of its vice presidents or its treasurer, without further corporate action by the Depositor, in authorized denominations.

Appears in 1 contract

Samples: Trust Agreement (PPL Corp)

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