Common use of Limitation of Rights of Holders Clause in Contracts

Limitation of Rights of Holders. The death, dissolution, bankruptcy or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer Trust, nor entitle the legal representatives or heirs of such person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 11 contracts

Samples: Trust Agreement (Huntington Bancshares Inc/Md), Trust Agreement (National City Corp), Trust Agreement (Wells Fargo & Co/Mn)

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Limitation of Rights of Holders. The deathdeath or incapacity, or the dissolution, liquidation, termination, or the bankruptcy or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives representatives, successors or heirs of such person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 9 contracts

Samples: Trust Agreement (Metrocorp Inc), Trust Agreement (Keycorp Capital Iii), Trust Agreement (First Union Corp)

Limitation of Rights of Holders. The deathExcept as set forth in Section 9.1, dissolution, bankruptcy the death or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement Agreement, nor dissolve, dissolve or terminate or annul the Issuer Trust, nor entitle the legal representatives or heirs of such person Person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 4 contracts

Samples: Trust Agreement (First Merchants Corp), Trust Agreement (Superior Bancorp), Declaration of Trust and Trust Agreement (Popular Inc)

Limitation of Rights of Holders. The death, dissolution, bankruptcy death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Securities Security shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives or heirs of such person Person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court and for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 3 contracts

Samples: Trust Agreement (Omnicare Capital Trust Ii), Trust Agreement (Omnicare Inc), Trust Agreement (Omnicare Inc)

Limitation of Rights of Holders. The death, incapacity, dissolution, bankruptcy or incapacity termination of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer Trust, Trust nor entitle the legal representatives or heirs of such person Person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 3 contracts

Samples: Trust Agreement (Onb Capital Trust Iv), Trust Agreement (Old National Bancorp /In/), Trust Agreement (HCC Capital Trust Ii)

Limitation of Rights of Holders. The death, dissolution, bankruptcy death or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives or heirs of such person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 2 contracts

Samples: Declaration of Trust and Trust Agreement (Willamette Industries Inc), Declaration of Trust and Trust Agreement (Willamette Industries Inc)

Limitation of Rights of Holders. The deathdeath or incapacity, or the dissolution, liquidation, termination, or the bankruptcy or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives representatives, successors or heirs of such person Person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Preferred Securities Purchase Agreement (Diamond Foods Inc)

Limitation of Rights of Holders. The death, dissolution, bankruptcy death or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives or heirs of such person Person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Trust Agreement (Franklin Capital Trust I)

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Limitation of Rights of Holders. The deathdeath or incapacity, or the dissolution, liquidation, termination, or the bankruptcy or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustDeclaration, nor entitle the legal representatives representatives, successors or heirs of such person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Declaration of Trust (Provident Companies Inc /De/)

Limitation of Rights of Holders. The death, dissolution, bankruptcy death or incapacity of any Person person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives or heirs of such person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Trust Agreement (Uhc Capital I)

Limitation of Rights of Holders. The Except as set forth in Section 9.2, the death, incapacity, dissolution, termination or bankruptcy or incapacity of any Person person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer TrustAgreement, nor entitle the legal representatives representatives, successors or heirs of such person Person or any Holder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Trust Agreement (Aig Capital Trust I)

Limitation of Rights of Holders. The death, incapacity, dissolution, bankruptcy or incapacity termination of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement nor dissolve, terminate or annul the Issuer Trust, Trust nor entitle the legal representatives or heirs of such person or any Holder for such Person, Person to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Trust Agreement (Onb Capital Trust Vi)

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