Common use of Limitations Relating to Principal Amount Clause in Contracts

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,000. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 8 contracts

Samples: Junior Subordinated Indenture (United Community Capital Trust), Junior Subordinated Indenture (Jeffbanks Inc), Junior Subordinated Indenture (City Holding Capital Trust Ii)

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Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; , Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,000. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 7 contracts

Samples: Junior Subordinated Indenture (Zions Institutional Capital Trust A), Junior Subordinated Indenture (Cullen Frost Capital Trust I), Junior Subordinated Indenture (Bb&t Capital Trust I)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture Trust Agreement and unless otherwise specified as permitted by Section 3.1; this Trust Agreement, Capital Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,00050,000.00. Any transfer, exchange or other disposition of Capital Securities in contravention of this Section 3.6(b)(v5.5(b)(v) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Capital Securities for any purpose, including but not limited to the receipt of interest payable on such Capital Securities, and such transferee shall be deemed to have no interest whatsoever in such Capital Securities, and the Securities Registrar shall not record any such transfer in the Securities Register.

Appears in 6 contracts

Samples: Trust Agreement (Mountain National Bancshares Inc), Trust Agreement (Auburn National Bancorporation Inc), Trust Agreement (Crescent Banking Co)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,00010.00. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v3.6(b)(iii) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 5 contracts

Samples: Junior Subordinated Indenture (Fidbank Capital Trust I), Junior Subordinated Indenture (MBNK Capital Trust I), Junior Subordinated Indenture (Fidbank Capital Trust I)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; 3.01, Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,0001,000 and integral multiples of $1,000 in excess thereof. Any transfer, exchange or other disposition of Securities in contravention of this the Section 3.6(b)(v3.06(b)(iv) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 2 contracts

Samples: Junior Subordinated Indenture (Bancorpsouth Inc), Junior Subordinated Indenture (North Fork Capital Trust I)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,00025.00. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v3.6(b)(iii) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 1 contract

Samples: Junior Subordinated Indenture (First Citizens Bancshares Inc /De/)

Limitations Relating to Principal Amount. Notwithstanding any other ---------------------------------------- provision of this Indenture and unless otherwise specified as permitted by Section 3.1; , Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,0001,000. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Providian Financial Corp)

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Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; 3.01, Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,0001,000 and integral multiples of $1,000 in excess thereof. Any transfer, exchange or other disposition of Securities in contravention of this the Section 3.6(b)(v3.06(b)(iv) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.. 52 43

Appears in 1 contract

Samples: Junior Subordinated Indenture (Bancorp Hawaii Capital Trust I)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; , Securities or portions thereof may be held, transferred or exchanged only in principal amounts of not less than $100,000. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 1 contract

Samples: Indenture (Keycorp Institutional Capital A)

Limitations Relating to Principal Amount. Notwithstanding any other provision of this Indenture and unless otherwise specified as permitted by Section 3.1; Securities or portions thereof may be transferred or exchanged only in principal amounts of not less than $100,000. Any transfer, exchange or other disposition of Securities in contravention of this Section 3.6(b)(v3.6(2)(e) shall be deemed to be void and of no legal effect whatsoever, any such transferee shall be deemed not to be the Holder or owner of any beneficial interest in such Securities for any purpose, including but not limited to the receipt of interest payable on such Securities, and such transferee shall be deemed to have no interest whatsoever in such Securities.

Appears in 1 contract

Samples: Junior Subordinated Indenture (BSB Capital Trust I)

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