Common use of Issuance of the Preferred Securities Clause in Contracts

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 8,000,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000200,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000200,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 1,400,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,00035,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,00035,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 8,000,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000200,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000200,00,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 7,570,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000189,250,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000189,250,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 6,000,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000150,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000150,00,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute and deliver to the underwriters named in the Underwriting Agreement Underwriters Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of 1,600,000 8,000,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000200,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000200,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 1,800,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,00045,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,00045,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 7,000,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,000175,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000175,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute 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 1,600,000 1,000 Preferred Securities having an aggregate Liquidation Amount of $40,000,00050,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,00050,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.

Issuance of the Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute and deliver to the underwriters named in the Underwriting Agreement Underwriters Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of 1,600,000 6,900,000 Preferred Securities having an aggregate Liquidation Amount Preference of $40,000,000345,000,000, against receipt of the aggregate purchase price of such Preferred Securities of $40,000,000345,000,000, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.