Common use of General Provisions Regarding Securities Clause in Contracts

General Provisions Regarding Securities. (a) The Regular Trustees shall on behalf of the Trust issue one class of Preferred Securities, representing undivided beneficial interests in the assets of the Trust and one class of Common Securities, representing undivided beneficial interests in the assets of the Trust. The Trust shall have no securities or other interests in the assets of the Trust other than the Preferred Securities and the Common Securities. The Trust shall issue no Securities in bearer form.

Appears in 2 contracts

Samples: Trust Agreement (Weyerhaeuser Co), Trust Agreement (Weyerhaeuser Co)

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General Provisions Regarding Securities. (a) The Regular 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 Annex I (the "Preferred Securities") and one class of Common Securities, common securities representing undivided beneficial interests in the assets of the TrustTrust having such terms as are set forth in Annex I (the "Common Securities"). The Trust shall have issue no securities or other interests in the assets of the Trust other than the Preferred Securities and the Common Securities. The Trust shall issue no Securities in bearer form.

Appears in 1 contract

Samples: Protective Life Corp

General Provisions Regarding Securities. (a) The Regular Trustees shall on behalf of the Trust issue one class of Preferred Securities, capital securities representing undivided 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, common securities representing undivided beneficial interests in the assets of the Trust. Trust having such terms as are set forth in Annex I (the "Common Securities.") The Trust shall have no not issue any securities or other interests in respect of the assets of the Trust other than the Preferred Capital Securities and the Common Securities. The Trust shall issue no Securities in bearer form.

Appears in 1 contract

Samples: MDC Holdings Inc

General Provisions Regarding Securities. (a) The Regular Trustees shall on behalf of the Trust issue one a class of Preferred Securities, capital securities representing undivided beneficial ownership interests in the assets of the Trust (the "Capital Securities"), and one class of Common Securities, common securities representing undivided beneficial interests in the assets of the Trust. The Trust shall have no securities or other ownership interests in the assets of the Trust other than (the Preferred Securities and the "Common Securities. The Trust shall issue no Securities in bearer form").

Appears in 1 contract

Samples: Declaration of Trust (Washington Mutual Capital I)

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

Appears in 1 contract

Samples: Wachovia Capital Trust Viii

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