Common use of Liability of the Holder of Common Securities Clause in Contracts

Liability of the Holder of Common Securities. Any Holder of the Common Securities shall be liable for all costs, expenses or liabilities of the Issuer Trust, other than to pay to Holders of any Capital Securities the amounts due to such holders pursuant to the terms of the Capital Securities, and such costs, expenses or liabilities shall constitute unsecured obligations of the Holder of the Common Securities.

Liability of the Holder of Common Securities. Any Holder of the Common Securities shall be liable for all costs, expenses or liabilities the debts and obligations of the Issuer TrustTrust in the manner and to the extent set forth with respect to the Corporation (as defined in the Expense Agreement) and agrees that it shall be subject to all liabilities to which the Corporation may be subject, other than and shall make all payments that the Corporation is required to pay to Holders of any Capital Securities the amounts due to such holders pursuant to make, under the terms of the Capital Securities, and such costs, expenses or liabilities shall constitute unsecured obligations of the Holder of the Common SecuritiesExpense Agreement.

Liability of the Holder of Common Securities. Any Holder of the Common Securities shall be liable for all costs, expenses or liabilities the debts and obligations of the Issuer Trust, other than Trust in the manner and to pay the extent set forth with respect to Holders of any Capital Securities the amounts due Depositor and agrees that it shall be subject to such holders pursuant all liabilities to which the Depositor may be subject and shall make all payments that the Depositor is required to make under the terms of the Capital Securities, and such costs, expenses or liabilities shall constitute unsecured obligations of the Holder of the Common SecuritiesExpense Agreement.