Common use of Exercise of Overallotment Option Clause in Contracts

Exercise of Overallotment Option. If and to the extent that Preferred Securities are issued by the Issuer upon exercise of any overallotment option under the Underwriting Agreement (as defined in the Declaration), the Guarantor agrees to give prompt notice thereof to the Guarantee Trustee, but the failure to give such notice shall not relieve the Guarantor of any of its obligations hereunder.

Exercise of Overallotment Option. If and to the extent that Preferred Securities are issued by the Issuer upon exercise of any the overallotment option under the Underwriting Agreement (as defined referred to in the Declaration)first recital to this Guarantee Agreement, the Guarantor agrees to give prompt notice thereof to the Guarantee Trustee, but the failure to give such notice shall not relieve the Guarantor of any of its obligations hereunder.]