Common use of Issuance of the Trust Securities Clause in Contracts

Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 by the Property Trustee. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Agreement (Morgan Stanley Dean Witter & Co)

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Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 30,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000750,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 750,000,000 by the Property Trustee. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 4,500,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 4,500,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,000112,500,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000112,500,000, by the Property Trustee.

Appears in 1 contract

Samples: Morgan Stanley Dean Witter & Co

Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 32,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000800,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 800,000,000 by the Property Trustee. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 4,800,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 4,800,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,000120,000,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000120,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley)

Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 30,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000750,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 750,000,000 by the Property TrusteeIssuer Trust. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 4,500,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 4,500,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,000112,500,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000, 112,500,000 by the Property TrusteeIssuer Trust.

Appears in 1 contract

Samples: Trust Agreement

Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000$ , against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 $ by the Property TrusteeIssuer Trust. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,000$ , against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000, $ by the Property TrusteeIssuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Capital Trust VIII)

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Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 18,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000450,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 450,000,000 by the Property TrusteeIssuer Trust. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 2,700,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 2,700,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,00067,500,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000, 67,500,000 by the Property TrusteeIssuer Trust.

Appears in 1 contract

Samples: Agreement (Morgan Stanley)

Issuance of the Trust Securities. The Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of 16,000,000 23,000,000 Capital Securities having an aggregate Liquidation Amount of $400,000,000575,000,000, against receipt of the aggregate purchase price of such Capital Securities of $400,000,000 575,000,000 by the Property TrusteeIssuer Trust. If the Underwriters exercise their option to purchase all or any portion of an additional 2,400,000 3,450,000 Capital Securities pursuant to the terms of the Underwriting Agreement, then an Administrator, on behalf of the Issuer Trust, shall execute, manually or by facsimile, in accordance with Section 5.3 and 5.3, the Property Trustee shall authenticate in accordance with Section 5.3 5.3, and the Issuer Trust shall deliver to the Underwriters, additional Capital Securities Certificates, registered in the names requested by the Underwriters, in an aggregate amount of up to 2,400,000 3,450,000 additional Capital Securities having an aggregate Liquidation Amount of up to $60,000,00086,250,000, against receipt of the aggregate purchase price of such additional Capital Securities of up to $60,000,000, 86,250,000 by the Property TrusteeIssuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley)

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