Common use of Issuance of the Capital Securities Clause in Contracts

Issuance of the Capital Securities. On September 26, 2006, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, 5.3 and 8.9(a) and deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters or a representative thereof, evidencing 6,000,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000, against receipt of the aggregate purchase price for such Capital Securities of $150,000,000 by the Property Trustee.

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Citizens Banking Corp)

AutoNDA by SimpleDocs

Issuance of the Capital Securities. On September 26August 11, 20062005, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, Section 5.3 and 8.9(a) and deliver to the Underwriters, Underwriters named in the Underwriting Agreement a Capital Securities CertificatesCertificate, registered in the names requested by name of the Underwriters or a representative thereofnominee of the initial Clearing Agency, evidencing 6,000,000 in an aggregate amount of 500,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000500,000,000, against receipt payment of the aggregate purchase price for therefor in immediately available funds, which funds such Capital Securities of $150,000,000 by Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Bb&t Capital Trust I)

Issuance of the Capital Securities. On September 263, 20062008, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, Section 5.3 and 8.9(a) and deliver to the Underwriters, Underwriters named in the Underwriting Agreement Capital Securities Certificates, registered in the names requested by name of the Underwriters or a representative thereofnominee of the initial Clearing Agency, evidencing 6,000,000 in an aggregate amount of up to 20,000,000 Capital Securities having an aggregate Liquidation Amount of up to $150,000,000500,000,000, against receipt payment of the aggregate purchase price for therefor in immediately available funds, which funds such Capital Securities of $150,000,000 by Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Bb&t Corp)

Issuance of the Capital Securities. On September 26June 5, 20062007, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, Section 5.3 and 8.9(a) and deliver to the Underwriters, Underwriters named in the Underwriting Agreement a Capital Securities CertificatesCertificate, registered in the names requested by name of the Underwriters or a representative thereofnominee of the initial Clearing Agency, evidencing 6,000,000 in an aggregate amount of 600,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000600,000,000, against receipt payment of the aggregate purchase price for therefor in immediately available funds, which funds such Capital Securities of $150,000,000 by Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Bb&t Corp)

Issuance of the Capital Securities. On September 26April 23, 20062007, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, Section 5.3 and 8.9(a) and deliver to the Underwriters, Underwriters named in the Underwriting Agreement a Capital Securities CertificatesCertificate, registered in the names requested by name of the Underwriters or a representative thereofnominee of the initial Clearing Agency, evidencing 6,000,000 in an aggregate amount of 800,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000800,000,000, against receipt payment of the aggregate purchase price for therefor in immediately available funds, which funds such Capital Securities of $150,000,000 by Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (State Street Corp)

AutoNDA by SimpleDocs

Issuance of the Capital Securities. On September 26November 24, 20062004, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, Section 5.3 and 8.9(a) and deliver to the Underwriters, Underwriters named in the Underwriting Agreement a Capital Securities CertificatesCertificate, registered in the names requested by name of the Underwriters or a representative thereofnominee of the initial Clearing Agency, evidencing 6,000,000 in an aggregate amount of 5,200,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000130,000,000.00, against receipt payment of the aggregate purchase price for therefor in immediately available funds, which funds such Capital Securities of $150,000,000 by Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Popular Inc)

Issuance of the Capital Securities. On September 26June 13, 2006, the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Issuer Trust, shall execute in accordance with Sections 5.2, 5.3 and 8.9(a) and deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters or a representative thereof, evidencing 6,000,000 10,000,000 Capital Securities having an aggregate Liquidation Amount of $150,000,000250,000,000, against receipt of the aggregate purchase price for such Capital Securities of $150,000,000 250,000,000 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Keycorp /New/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!