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: Indenture (FCB/Sc Capital Trust I), Jeffbanks Inc, FCB Nc Capital Trust I

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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: Indenture (Zions Institutional Capital Trust A), Trust Agreement (Usf&g Corp), Indenture (Bankamerica Corp/De/)

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 (Crescent Banking Co), Trust Agreement (CCF Holding Co), Trust Agreement (Mountain National Bancshares Inc)

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: Fidbank Capital Trust I, MBNK Capital Trust I, Fidelity Bancshares Nc 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 To the fullest extent permitted by applicable law, 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 SecuritiesSecurities and, the Securities Registrar shall not record any such transfer in the Securities Registrar.

Appears in 4 contracts

Samples: Gainsco Inc, Assuranceamerica Corp, Community Financial Holding Co Inc

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: Indenture (Bancorpsouth Inc), 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 $100,000. 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: BSB Capital Trust I

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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: Execution Copy (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 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: 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 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 $100,0001,000. 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: Providian Financial Corp

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