Initial Ownership. Upon the formation of the Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 110 contracts
Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp), Trust Agreement (Lincoln National Corp)
Initial Ownership. Upon the formation creation of the Trust and by the contribution by the Depositor pursuant to Section 2.3 2.03 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 104 contracts
Samples: Trust Agreement (Omnicare Capital Trust Iii), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (PPL Capital Funding Inc)
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant to Section 2.3 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 69 contracts
Samples: Trust Agreement (Air T Inc), Trust Agreement (Air T Inc), Trust Agreement (Air T Funding)
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 58 contracts
Samples: Trust Agreement (Actuant CORP Capital Trust II), Trust Agreement (Mbna Corp), Trust Agreement (Chase Capital Ix)
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 11 contracts
Samples: Trust Agreement (Merry Land Properties Inc), Trust Agreement (Merry Land Capital Trust), Merger Agreement (Ilm Senior Living Inc /Va)
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant to Section 2.3 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 10 contracts
Samples: Trust Agreement (S Y Bancorp Inc), Trust Agreement (Baylake Capital Trust I), Trust Agreement (Baylake Capital Trust I)
Initial Ownership. Upon the formation of the Trust and the contribution by the Depositor pursuant to Section 2.3 2.03 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 10 contracts
Samples: Trust Agreement (Western Resources Capital Ii), Trust Agreement (Amerus Capital I), Trust Agreement (Cleveland Electric Financing Trust I)
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant referred to Section in SECTION 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 4 contracts
Samples: Trust Agreement (Uici), Trust Agreement (Bankatlantic Bancorp Inc), Trust Agreement (Bankatlantic Bancorp Inc)
Initial Ownership. Upon the formation creation of the Trust and by the contribution by the Depositor pursuant referred to in Section 2.3 2.03 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Midamerican Energy Financing Ii), Trust Agreement (Midamerican Energy Financing Ii)
Initial Ownership. Upon the formation of the Trust and the contribution by the Depositor pursuant to Section 2.3 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Nevada Power Co), Trust Agreement (Nevada Power Co)
Initial Ownership. Upon the formation of the Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at ----------- any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
Initial Ownership. Upon the formation creation of the Trust and the contribution by the Depositor pursuant to Section 2.3 SECTION 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
