Common use of Issuance of the Preferred Securities Clause in Contracts

Issuance of the Preferred Securities. The Depositor, on behalf of the 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 Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an aggregate purchase price of such Preferred Securities of $[_____________] which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 5 contracts

Samples: Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V)

AutoNDA by SimpleDocs

Issuance of the Preferred Securities. The As of ___________, 199_, the Depositor, on behalf of the 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 Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an aggregate purchase price plus accrued distributions from ________ __, 199_ of such Preferred Securities of $[_____________] , which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 4 contracts

Samples: Trust Agreement (First Tennessee Capital Iv), Trust Agreement (First Tennessee Capital Iv), Trust Agreement (First Tennessee Capital Iv)

Issuance of the Preferred Securities. The On _________ ____, 1997, the Depositor, on behalf of the 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 Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in accordance with the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] Preferred Securities having an aggregate Liquidation Amount of $[___________]. Preferred Securities having an aggregate Liquidation Amount of $_________, against receipt of an the aggregate purchase price of such Preferred Securities of $[_____________] , which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Pikeville National Corp)

Issuance of the Preferred Securities. The Depositor, on behalf of the Trust and pursuant to the Original Trust AgreementTrust, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an one of the Administrative TrusteeTrustees, on behalf of the Trust, shall execute Trust in accordance with Section 5.2 5.02 and the Underwriting Agreement, shall execute manually and deliver to the Underwriters named in the Underwriting Agreement a Preferred Securities CertificatesCertificate, registered in the name of the nominee of the initial Clearing AgencySecurities Depository, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[__________ against receipt of the aggregate purchase price of such Preferred Securities of $___________], against receipt of an aggregate purchase price of such Preferred Securities of $[_____________] which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Entergy Gulf States Capital I)

Issuance of the Preferred Securities. The On [_____ __], 1999 the Depositor, on behalf of the 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 TrusteeTrustee(s), on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [____________] Preferred Securities having an aggregate Liquidation Amount of $[____________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] ], which amount such the Administrative Trustee Trustee(s) shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Oneok Inc /New/)

Issuance of the Preferred Securities. The On [ ], 2001, the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Purchase Agreement, Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________representing [ ] Preferred Securities having an aggregate Liquidation Amount of $[___________[ ], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] [ ], which amount such the Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Empire District Electric Trust Ii)

Issuance of the Preferred Securities. The On _________, 2000, the Depositor, on its own behalf and on behalf of the 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 TrusteeAdministrator, on behalf of the Trust, shall execute in accordance with Section 5.2 and the Property Trustee shall deliver to the Underwriters named in the Underwriting Agreement Agreement, Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [representing _________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an aggregate purchase price of such Preferred Securities of $[_____________] which amount , against receipt of such Administrative Trustee shall promptly deliver to aggregate purchase price of such Preferred Securities of $____________, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (HCC Capital Trust Ii)

Issuance of the Preferred Securities. The On ________ __, 1999 the Depositor, on behalf of the 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 TrusteeTrustee(s), on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] __ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] , which amount such the Administrative Trustee Trustee(s) shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (FPC Capital Ii)

Issuance of the Preferred Securities. The On __________ ___, 1998 the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Purchase Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] , which amount such the Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (WSFS Financial Corp)

Issuance of the Preferred Securities. The On ________ __, 1997 the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Purchase Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] __ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] , which amount such the Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (CFC Preferred Trust)

AutoNDA by SimpleDocs

Issuance of the Preferred Securities. The Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting AgreementAgreement on ____________. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________]_, against receipt of an aggregate purchase price of such Preferred Securities of $[_____________] , which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Ingersoll Rand Co)

Issuance of the Preferred Securities. The On [_____ __], the Depositor, on behalf of the 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 TrusteeTrustee(s), on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [____________] Preferred Securities having an aggregate Liquidation Amount of $[____________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] ], which amount such the Administrative Trustee Trustee(s) shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Oneok Inc /New/)

Issuance of the Preferred Securities. The On_______________ the Depositor, on behalf of the 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 the Administrative TrusteeTrustees, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters underwriters named in the Underwriting Agreement therein Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________], _ against receipt of an the aggregate purchase price of such Preferred Securities of $[_____________] , which amount such the Administrative Trustee Trustees shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Western Resources Inc /Ks)

Issuance of the Preferred Securities. The Depositor, both on its own behalf and on behalf of the Trust and pursuant to the Original Trust Agreement, has executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] 4,000,000 Preferred Securities having an aggregate Liquidation Amount of $100,000,000, against receipt of an aggregate purchase price plus accrued distributions from _________ __, 1997 of such Preferred Securities of [$______________], against receipt of an aggregate purchase price of such Preferred Securities of $[_____________] which amount amount, if any, such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa)

Issuance of the Preferred Securities. The Depositor, On __________ the Depositor individually and on behalf of the 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 Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of [_________] _ Preferred Securities having an aggregate Liquidation Amount of $[___________], against receipt of an such aggregate purchase price of such Preferred Securities of $[_____________] , which amount such the Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Uhc Capital I)

Time is Money Join Law Insider Premium to draft better contracts faster.