Common use of General Provisions Regarding Securities Clause in Contracts

General Provisions Regarding Securities. (a) The Administrative Trustees shall, on behalf of the Trust, issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 8 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co)

AutoNDA by SimpleDocs

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 7 contracts

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

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Allstate Financing X)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities Preferred Securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 2 contracts

Samples: Trust Agreement (New South Capital Trust I), Trust Indenture Trust Agreement (New South Capital Trust I)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities Preferred Securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities Common Securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 2 contracts

Samples: Trust Agreement (Waccamaw Bankshares Inc), Trust Agreement (Nexity Financial Corp)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, on behalf of the Trust, issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") ), and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 2 contracts

Samples: Trust Agreement (Berkley W R Corp), Trust Agreement (Berkley W R Corp)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred SecuritiesPREFERRED SECURITIES") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common SecuritiesCOMMON SECURITIES"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred capital securities representing undivided preferred beneficial interests in the assets of the Trust having such terms as are set forth in Annex I (the “Capital Securities”) and one class of common securities representing common undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Capital Securities and the Common Securities.

Appears in 1 contract

Samples: Trust Agreement (Webster Capital Trust VII)

AutoNDA by SimpleDocs

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities Preferred Securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 1 contract

Samples: Trust Agreement (ServisFirst Bancshares, Inc.)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 1 contract

Samples: Trust Agreement (Agl Capital Trust Ii)

General Provisions Regarding Securities. (a) The Administrative Trustees shall, shall on behalf of the Trust, Trust issue one class of preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 1 contract

Samples: Securities Purchase and Exchange Agreement

General Provisions Regarding Securities. (a) The Administrative Regular Trustees shall, shall on behalf of the Trust, Trust issue one class of convertible preferred securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Trust Preferred Securities") and one class of convertible common securities representing undivided beneficial interests in the assets of the Trust having such terms as are set forth in the Terms and Conditions Annex I (the "Common Securities"). The Trust shall issue no securities or other interests in the assets of the Trust other than the Trust Preferred Securities and the Common Securities.

Appears in 1 contract

Samples: Nuevo Energy Co

Time is Money Join Law Insider Premium to draft better contracts faster.