FORM OF TRUST SECURITIES Sample Clauses

FORM OF TRUST SECURITIES. EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF TRUST SECURITIES
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FORM OF TRUST SECURITIES. EXECUTION AND DELIVERY TRANSFER AND SURRENDER OF TRUST SECURITIES Section 301 Form and Transferability of Trust Securities a Designation 5000 Trust Securities liquidation preference $100000 per security and aggregate liquidation preference $500000000 are hereby designated for identification purposes only as the FixedtoFloating Rate Perpetual Noncumulative Trust Securities b Form Except as otherwise required by the Clearing Agency the Trust Securities shall be substantially in the form set forth in Exhibit B with the appropriate 10NYinsertions modifications and omissions as hereinafter provided 125341704455 Return Restricted For Use in Connection with Plan Confirmation Only WMIPC_500002131.00013 c No Fractional Trust Securities Fractional Trust Securities shall not be issued All Trust Securities shall be dated the date of their execution or countersignature d Legends Trust Securities may be endorsed with or have incorporated in the text thereof such legends or recitals or changes not inconsistent with the provisions of this Trust Agreement as may be required by the Trustees or required to comply with any applicable law or regulation or with the rules and regulations of any securities exchange upon which the Trust Securities may be listed or to conform with any usage with respect thereto provided that each Trust Security shall upon issuance and transfer bear the legends required by Exhibit A and such required legends shall not be removed from such certificates e Title Title to any Trust Security that is properly endorsed or accompanied by a properly executed instrument of transfer or endorsement shall be transferable by delivery with the same effect as in the case of a negotiable instrument provided that until the transfer shall be registered on the Register as provided in Section 303 the Trust the Trustees the Registrar and Transfer Agent the Paying Agent and the Grantor may notwithstanding any notice to the contrary treat the Holder thereof set forth in the Register at such time as the absolute owner thereof for the purpose of determining the Person entitled to distributions or to any notice provided for in this Trust Agreement and for all other purposes f Signatures Trust Securities shall be executed on behalf of the Trust by the manual signature of a duly authorized signatory of the Property Trustee provided that such signature may be a facsimile if a Registrar and Transfer Agent shall have countersigned the Trust Security by manual signature of a duly a...
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Related to FORM OF TRUST SECURITIES

  • Sale of Trust Shares 1.1 TRUST agrees to make available to the Separate Accounts of LIFE COMPANY shares of the selected Portfolios as listed in Appendix B for investment of proceeds from Variable Contracts allocated to the designated Separate Accounts, such shares to be offered as provided in TRUST's Prospectus.

  • Execution and Delivery of Trust Securities Certificates At the Time of Delivery, the Administrative Trustees shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.4 and 2.5, to be executed on behalf of the Issuer Trust and delivered to or upon the written order of the Depositor, executed by one authorized officer thereof, without further corporate action by the Depositor, in authorized denominations.

  • Role of Trustee The recitals contained herein shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Second Supplemental Indenture.

  • Trust Securities 12 U.S. Government Obligations.......................................... 12

  • The Trust Securities Certificates Each of the Preferred and Common Securities Certificates shall be issued in minimum denominations of $25 and integral multiples in excess thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual or facsimile signature of at least one Administrative Trustee. Trust Securities Certificates bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be validly issued and entitled to the benefits of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the authentication and delivery of such Trust Securities Certificates or did not hold such offices at the date of authentication and delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a Securityholder, and shall be entitled to the rights and subject to the obligations of a Securityholder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Section 5.04.

  • Authorized Trust Securities The Trust shall be authorized to issue one series of Preferred Securities having an aggregate Liquidation Amount of $10,000,000 and one series of Common Securities having an aggregate Liquidation Amount of $310,000.

  • Form of Securities and Trustee’s Certificate The Securities of any series and the Trustee’s certificate of authentication to be borne by such Securities shall be substantially of the tenor and purport as set forth in one or more indentures supplemental hereto or as provided in a Board Resolution, and set forth in an Officer’s Certificate, and they may have such letters, numbers or other marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Indenture, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which Securities of that series may be listed, or to conform to usage.

  • Certificate of Trust The certificate of trust of the Issuing Entity substantially in the form of Exhibit B to the Trust Agreement filed for the Issuing Entity pursuant to Section 3810(a) of the Statutory Trust Act.

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