Common use of Initial Deposit of Senior Notes Clause in Contracts

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, and, in the case of security entitlements, the Securities Intermediary shall indicate by book-entry that a securities entitlement to such Senior Notes has been credited to the Collateral Account.

Appears in 16 contracts

Samples: Pledge Agreement (PNM Resources Inc), Pledge Agreement (Public Service Co of New Mexico), Pledge Agreement (PNM Resources Inc)

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Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Applicable Ownership Interests in Senior Notes and the Senior Notes underlying such Applicable Ownership Interests in Senior Notes or security entitlements relating thereto, and, in the case of security entitlements, thereto and the Securities Intermediary shall indicate by book-entry that a securities entitlement with respect to such Applicable Ownership Interests in Senior Notes has been credited to the Collateral Account.

Appears in 6 contracts

Samples: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract and Pledge Agreement (Genworth Financial Inc), Purchase Contract and Pledge Agreement (Genworth Financial Inc)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate UnitsPIES, shall Transfer to the Securities Intermediary, and the Securities Intermediary shall accept, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in the case of security entitlements, and the Securities Intermediary shall indicate by book-book entry that a securities security entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 2 contracts

Samples: Pledge Agreement (Sierra Pacific Resources /Nv/), Pledge Agreement (Sierra Pacific Resources /Nv/)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate HiMEDS Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, thereto and, in the case of with respect to any such security entitlements, the Securities Intermediary shall indicate by book-entry that a securities entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 2 contracts

Samples: Purchase Contract and Pledge Agreement (Bankunited Financial Corp), Purchase Contract and Pledge Agreement (Avery Dennison Corporation)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate UnitsPIES, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in the case of security entitlements, and the Securities Intermediary shall indicate by book-book entry that a securities entitlement to such Senior Notes has been credited to the Collateral Account.

Appears in 2 contracts

Samples: Pledge Agreement (Dominion Resources Inc /Va/), Pledge Agreement (Dominion Resources Inc /Va/)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities IntermediaryCollateral Agent, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, and, in the case of security entitlements, the Securities Intermediary shall indicate by book-entry that a securities entitlement to such Senior Notes has been credited to the Collateral Account.

Appears in 2 contracts

Samples: Pledge Agreement (Hartford Financial Services Group Inc/De), Pledge Agreement (Hartford Financial Services Group Inc/De)

Initial Deposit of Senior Notes. (a) Prior to Before or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in if the case Transfer takes the form of security entitlements, the Securities Intermediary shall indicate by book-book entry that a securities entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Dominion Resources Capital Trust Iv)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in if the case Transfer takes the form of security entitlements, the Securities Intermediary shall indicate by book-book entry that a securities entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Dominion Resources Inc /Va/)

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Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Stock Purchase Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in the case of security entitlements, and the Securities Intermediary shall indicate by book-book entry that a securities entitlement to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Dominion Resources Capital Trust Iv)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate UnitsPIES, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating theretoto such Senior Notes, and, in if the case Transfer takes the form of security entitlements, the Securities Intermediary shall indicate by book-book entry that a securities entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Sierra Pacific Resources Capital Trust Ii)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, and, in the case thereto and of security entitlements, entitlements the Securities Intermediary shall indicate by book-entry that a securities entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Southern Union Co)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Warrant Agent, on behalf of the initial Holders of the Corporate Units, shall Transfer to the Securities Intermediary, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, and, in the case of security entitlements, the Securities Intermediary shall indicate by book-entry that a securities entitlement to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

Initial Deposit of Senior Notes. (a) Prior to or concurrently with the execution and delivery of this Agreement, the Purchase Contract Agent, on behalf of the initial Holders of the Corporate UnitsPIES, shall Transfer to the Securities Intermediary, and the Securities Intermediary shall accept, for credit to the Collateral Account, the Senior Notes or security entitlements relating thereto, and, in the case of security entitlementsto such Senior Notes, the Securities Intermediary shall indicate by book-book entry that a securities security entitlement with respect to such Senior Notes has been credited to the Collateral Account.

Appears in 1 contract

Samples: Pledge Agreement (Sierra Pacific Resources)

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