Execution and Delivery of Trust Securities Certificates. On the Closing Date and on the date on which the Underwriters exercise the option to purchase additional Preferred Securities, as applicable (the "Option Closing Date"), the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 204 and 205, to be executed by manual, facsimile or imprinted signature on behalf of the Trust by at least one of the Administrative Trustees and delivered to the Property Trustee and upon such delivery, the Property Trustee shall authenticate and register the Preferred Securities Certificates and make available for delivery such Preferred Securities Certificates upon the written order of the Depositor, executed by its Chairman of the Board, or President or any Vice President and the Chief Financial Officer, Treasurer or an Assistant Treasurer or Secretary or Assistant Secretary without further corporate action by the Depositor, in authorized denominations.
Appears in 4 contracts
Samples: Trust Agreement (Metropolitan Capital Trust I), Trust Agreement (Crescent Capital Trust I), Trust Agreement (Metropolitan Financial Corp /Oh/)
Execution and Delivery of Trust Securities Certificates. (a) On the Closing Date and on the date on which the Underwriters underwriters exercise the option to purchase additional Preferred Securities, as applicable Underwriters' Over-Allotment Option (the "Option Closing Date"), the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 204 and 205, to be executed by manual, facsimile or imprinted signature on behalf of the Trust by at least one of the Administrative Trustees and delivered to the Property Trustee and upon such delivery, the Property Trustee shall authenticate and register the Preferred Securities Certificates and make available for delivery such Preferred Securities Certificates upon the written order of the Depositor, executed by its Chairman of the Board, or President or any Vice President and the Chief Financial Officer, Treasurer or an Assistant Treasurer or Secretary or Assistant Secretary without further corporate action by the Depositor, in authorized denominations.
Appears in 2 contracts
Samples: Trust Agreement (Southern Community Financial Corp), Trust Agreement (Southern Community Financial Corp)
Execution and Delivery of Trust Securities Certificates. (a) On the Closing Date and on the date on which the Underwriters exercise the option to purchase additional Preferred Securities, as applicable Underwriters' Over-Allotment Option (the "Option Closing Date"), the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 204 and 205, to be executed by manual, facsimile or imprinted signature on behalf of the Trust by at least one of the Administrative Trustees and delivered to the Property Trustee and upon such delivery, the Property Trustee shall authenticate and register the Preferred Securities Certificates and make available for delivery such Preferred Securities Certificates upon the written order of the Depositor, executed by its Chairman of the Board, or President or any Vice President and the Chief Financial Officer, Treasurer or an Assistant Treasurer or Secretary or Assistant Secretary without further corporate action by the Depositor, in authorized denominations.
Appears in 2 contracts
Samples: Trust Agreement (Southern Community Capital Trust I), Trust Agreement (Southern Community Financial Corp)
Execution and Delivery of Trust Securities Certificates. On the Closing Date and on the date on which the Underwriters exercise the option to purchase additional Preferred Securities, as applicable Underwriters' Over-Allotment Option (the "Option Closing Date"), the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 204 and 205, to be executed by manual, facsimile or imprinted signature on behalf of the Trust by at least one of the Administrative Trustees and delivered to the Property Trustee and upon such delivery, the Property Trustee shall authenticate and register the Preferred Securities Certificates and make available for delivery such Preferred Securities Certificates upon the written order of the Depositor, executed by its Chairman of the Board, or President or any Vice President and the Chief Financial Officer, Treasurer or an Assistant Treasurer or Secretary or Assistant Secretary without further corporate action by the Depositor, in authorized denominations.
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Execution and Delivery of Trust Securities Certificates. On the Closing Date and on the date on which the Underwriters exercise the option to purchase additional Preferred Securities, as applicable (the "Option Closing Date"), the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections SECTIONS 204 and 205, to be executed on behalf of the Trust by manual, facsimile or imprinted signature on behalf of the Trust by at least one of the Administrative Trustees and delivered to the Property Trustee and upon such delivery, the Property Trustee shall authenticate and register the Preferred Securities Certificates and make available for delivery such Preferred Securities Certificates upon the written order of the Depositor, executed by its Chairman of the Board, Chief Executive Officer or President or any Vice President and the Chief Financial Officer, Treasurer or an Assistant Treasurer or Secretary or Assistant Secretary without further corporate action by the Depositor, in authorized denominations.
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