Common use of Liability of the Common Securityholder Clause in Contracts

Liability of the Common Securityholder. The Holder of the Common Securities shall be liable for all of the debts and obligations of the Trust (other than with respect to the Securities) to the extent not satisfied out of the Trust's assets.

Appears in 15 contracts

Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Chase Capital Iii), Trust Agreement (J P Morgan Chase & Co)

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Liability of the Common Securityholder. The Holder of the Common Securities shall be liable for all of the debts and obligations of the Trust (other than with respect to the Trust Securities) to the extent not satisfied out of the Trust's ’s assets.

Appears in 15 contracts

Samples: Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Capital IV), Trust Agreement (J P Morgan Chase & Co)

Liability of the Common Securityholder. The Holder of the Common Securities shall be liable for all of the debts and obligations of the Trust (other than with respect to the Trust Securities) to the extent not satisfied out of the Trust's assets.

Appears in 8 contracts

Samples: Trust Agreement (TCF Capital I), Trust Agreement (Mbna Corp), Trust Agreement (Mbna Corp)

Liability of the Common Securityholder. The Holder of the Common Securities shall be liable for all of the debts and obligations of the Trust Company (other than with respect to the Securities) to the extent not satisfied out of the TrustCompany's assets.

Appears in 1 contract

Samples: Delphi Financial Group Inc/De

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Liability of the Common Securityholder. The Holder of the Common Securities shall be liable for all of the debts and obligations of the Trust (other than with respect to the Preferred Securities) to the extent not satisfied out of the Trust's assets. SECTION 10.3.

Appears in 1 contract

Samples: Republic New York Capital Iv

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