Common use of Global Preferred Security Clause in Contracts

Global Preferred Security. (a) Any Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and delivered to such custodian therefor, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 67 contracts

Samples: Trust Agreement (Reinsurance Group of America Inc), Trust Agreement (S Y Bancorp Inc), Trust Agreement (Jeffbanks Inc)

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Global Preferred Security. (a) Any Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency or its nominee and delivered to such it or its custodian therefor, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (Provident Trust Ii), Trust Agreement (Northeast Bancorp /Me/)

Global Preferred Security. (a) Any The Global Preferred Security issued under this Trust Agreement shall be registered in the name of the Cede & Co. as nominee of the Clearing Agency and delivered to such its custodian therefor, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 4 contracts

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

Global Preferred Security. (a) Any Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and and, unless or until other arrangements are requested by the Clearing Agency, delivered to and held by the Property Trustee as custodian for the Clearing Agency (and the Property Trustee is hereby authorized to serve as such custodian thereforcustodian), and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Abc Bancorp Capital Trust I), Trust Agreement (Abc Bancorp Capital Trust I), Trust Agreement (Greater Atlantic Financial Corp)

Global Preferred Security. (a) Any Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and delivered to such custodian or its agent therefor, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Independent Bank Corp /Mi/), Trust Agreement (Independent Bank Corp /Mi/)

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Global Preferred Security. (a) Any The Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and delivered to such the Property Trustee as custodian thereforfor the Clearing Agency, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (First Citizens Bancorporation Inc)

Global Preferred Security. (a) Any Global Preferred Security issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and the Global Preferred Securities Certificate representing such Global Preferred Security shall be delivered to such custodian therefor, and such Global Preferred Security shall constitute a single Preferred Security for all purposes of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Ctbi Preferred Capital Trust Ii)

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