Fixing of Record Date for Holders of Receipts. Whenever any distribution (other than upon any redemption) shall become payable, or whenever the Trustee shall receive notice of any meeting at which holders of Preferred Securities are entitled to vote or of which holders of Preferred Securities are entitled to notice, the Trustee shall in each such instance fix a record date (which shall be the same date as the record date fixed by the General Partner with respect to the Preferred Securities) for the determination of the Holders of Receipts who shall be entitled (i) to receive such distribution, and (ii) to receive notice of, and to give instructions for the exercise of voting rights at, any such meeting.
Appears in 4 contracts
Samples: Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Co)
Fixing of Record Date for Holders of Receipts. Whenever any distribution (other than upon any redemption) shall become payable, or whenever the Trustee shall receive notice of any meeting at which holders of Preferred Securities are entitled to vote or of which holders of Preferred Securities are entitled to notice, the Trustee shall in each such instance fix a record date (which shall be the same date as the record date fixed by the General Partner with respect to the Preferred Securities) for the determination of the Holders of Receipts who shall be entitled (i) to receive such distribution, and distribution or (ii) to receive notice of, and to give instructions for the exercise of voting rights at, any such meeting.
Appears in 3 contracts
Samples: Trust Agreement (Peco Energy Co), Trust Agreement (Peco Energy Capital Trust Ii), Trust Agreement (Peco Energy Co)
Fixing of Record Date for Holders of Receipts. Whenever any distribution (other than upon any redemption) shall become payable, or whenever the Trustee shall receive notice of any meeting at which holders of Preferred Securities are entitled to vote or of which holders of Preferred Securities are entitled to notice, the Trustee shall in each such instance fix a record date (which shall be the same date as the record date fixed by the General Partner with respect to the Preferred Securities) for the determination of the Holders record holders of Receipts who shall be entitled (i) to receive such distribution, and distribution or (ii) to receive notice of, and to give instructions for the exercise of voting rights at, any such meeting.
Appears in 2 contracts
Samples: Trust Agreement (Peco Energy Capital Trust I), Trust Agreement (Peco Energy Co)