Initial Ownership. Upon the formation of the Issuer 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 Issuer Trust.
Appears in 92 contracts
Samples: Trust Agreement (First Merchants Corp), Trust Agreement (Us Bancorp \De\), Trust Agreement (Superior Bancorp)
Initial Ownership. Upon the formation creation of the Issuer 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 Issuer Trust.
Appears in 58 contracts
Samples: Trust Agreement, Trust Agreement (Morgan Stanley), Trust Agreement (Centerstate Banks of Florida Inc)
Initial Ownership. Upon the formation creation of the Issuer 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 Issuer Trust.
Appears in 35 contracts
Samples: Trust Agreement (Goldman Sachs Capital III), Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Keycorp /New/)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant referred to 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 Issuer Trust.
Appears in 17 contracts
Samples: Trust Agreement (Everest Reinsurance Holdings Inc), Trust Agreement (Everest Re Group LTD), Trust Agreement (Bank of New York Co Inc)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 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 Issuer Trust.
Appears in 1 contract
