Common use of Limitation of Rights of Securityholders Clause in Contracts

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in 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 77 contracts

Samples: Trust Agreement (Omnicare Capital Trust Iii), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (Southern Energy Inc)

AutoNDA by SimpleDocs

Limitation of Rights of Securityholders. The death death, incapacity, liquidation, dissolution, termination or incapacity bankruptcy of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 32 contracts

Samples: Trust Agreement (Schwab Charles Corp), Trust Agreement (Mellon Financial Corp), Trust Agreement (Mellon Financial Corp)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 18 contracts

Samples: Trust Agreement (Mp&l Capital I), Trust Agreement (Tu Electric Capital Ii), Trust Agreement (Texas Utilities Electric Co)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 15 contracts

Samples: Trust Agreement (MBWM Capital Trust I), Trust Agreement (VBC Capital I), Trust Agreement (Ozark Capital Trust)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in and 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 7 contracts

Samples: Trust Agreement (CNS Energy Trust Iii), Trust Agreement (Big Flower Holdings Inc), Trust Agreement (Host Marriott Corp/)

Limitation of Rights of Securityholders. The death death, dissolution or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 7 contracts

Samples: Trust Agreement (Southwest Gas Corp), Trust Agreement (Southwest Gas Corp), Trust Agreement (Pseg Power Capital Trust V)

Limitation of Rights of Securityholders. The death death, bankruptcy, dissolution, termination or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor dissolve, terminate or wind up the Trust, nor entitle the legal representatives or heirs of such Person or any Securityholder for of such Person, to claim an accounting, take any action or bring any proceeding in and 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 6 contracts

Samples: Trust Agreement (American Coin Merchandising Trust Iv), Trust Agreement (Us Home & Garden Trust I), Trust Agreement (Us Home & Garden Trust I)

Limitation of Rights of Securityholders. The death death, incapacity, dissolution, bankruptcy or incapacity termination of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementAgreement nor dissolve, terminate or annul the Trust nor entitle the legal representatives or heirs of such Person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 5 contracts

Samples: Trust Agreement (Actuant CORP Capital Trust II), Trust Agreement (Wec Capital Trust Ii), Trust Agreement (Covanta Capital Trust Iii)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor annul, dissolve or terminate the Trust, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 5 contracts

Samples: Trust Agreement (AmerUs Capital V), Trust Agreement (Principal Financial Group Inc), Trust Agreement (Principal Financial Group Inc)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 5 contracts

Samples: Trust Agreement (Duke Capital Financing Trust Vi), Trust Agreement (Defs Capital Trust I), Trust Agreement (Duke Capital Financing Trust Vi)

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

Appears in 4 contracts

Samples: Declaration of Trust (Resource Capital Trust I), Declaration of Trust (Guaranty Capital Trust I), Declaration of Trust (Southern Financial Capital Trust I)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 (Usf&g Corp), Trust Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp)

Limitation of Rights of Securityholders. The death death, incapacity, dissolution, bankruptcy or incapacity termination of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementAgreement nor dissolve, terminate or annul the trust nor entitle the legal representatives or heirs of such Person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 (Associates First Capital Iii), Trust Agreement (Idacorp Trust Iii), Trust Agreement (Idacorp Trust Iii)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any arty proceeding in and 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: Trust Agreement (Oneok Inc /New/), Trust Agreement (Oneok Inc /New/)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementDeclaration of Trust, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in and 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 2 contracts

Samples: Declaration of Trust (Boise Cascade Corp), Declaration of Trust (Boise Cascade Trust Iii)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementDeclaration, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in and 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 2 contracts

Samples: Declaration of Trust (Superior Trust I), Declaration of Trust (Superior Trust I)

Limitation of Rights of Securityholders. The death or --------------------------------------- incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in 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 2 contracts

Samples: Trust Agreement (Duke Energy Capital Trust Ii), Trust Agreement (Duke Capital Financing Trust Iii)

Limitation of Rights of Securityholders. The death Except as provided in Section 9.02 hereof, the death, incapacity, bankruptcy, termination, dissolution or incapacity liquidation of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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: Trust Agreement (Entergy Gulf States Inc), Trust Agreement (Entergy Gulf States Capital I)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in 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 2 contracts

Samples: Trust Agreement (Alabama Power Co), Trust Agreement (Alabama Power Capital Trust I)

Limitation of Rights of Securityholders. The death death, dissolution or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementDeclaration, nor dissolve, annul or terminate the Trust, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 2 contracts

Samples: Trust Agreement (Public Service Enterprise Group Inc), Trust Agreement (Public Service Electric & Gas Co)

AutoNDA by SimpleDocs

Limitation of Rights of Securityholders. The death or --------------------------------------- incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in and 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 (United Rentals Inc /De)

Limitation of Rights of Securityholders. The death or incapacity incapacity, or the dissolution, liquidation, termination, or the bankruptcy of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives representatives, successors or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 (Us Bancorp Capital I)

Limitation of Rights of Securityholders. The death or ---------------------------------------- incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 (SJG Capital Trust)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Preferred Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 (GBB Capital I)

Limitation of Rights of Securityholders. The death death, termination, dissolution, bankruptcy or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor dissolve, terminate or annul the Trust, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 (Hartford Financial Services Group Inc/De)

Limitation of Rights of Securityholders. The death or --------------------------------------- incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 (Rouse Company)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in and 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 (Lucent Technologies Inc)

Limitation of Rights of Securityholders. The death or incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust AgreementAmended and Restated Declaration of Trust, nor dissolve, terminate or annul the Trust, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in 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 1 contract

Samples: Declaration of Trust (Exelon Corp)

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

Appears in 1 contract

Samples: Trust Agreement (PMC Capital I)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives 47 53 or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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 (Cfac Capital I)

Limitation of Rights of Securityholders. The death or incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust AgreementDeclaration of Trust, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in and 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: Junior Subordinated Indenture (Republic New York Capital Iv)

Limitation of Rights of Securityholders. The death or incapacity incapacity, liquidation, dissolution, termination or bankruptcy of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in and 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 (Riggs National Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!