Common use of May Hold Securities Clause in Contracts

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 39 contracts

Samples: Trust Agreement (S&t Bancorp Inc), Trust Agreement (Fidbank Capital Trust I), Trust Agreement (First Star Capital Trust)

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May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, and except as provided in the definition of the term "Outstanding" in Article I, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 27 contracts

Samples: Trust Agreement (Popular North America Capital Trust Iii), Trust Agreement (Dime Bancorp Inc), Trust Agreement (Banponce Trust Ii)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.138.13 and except as provided in the definition of the term "Outstanding" in Article I, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 17 contracts

Samples: Trust Agreement (Keycorp Capital V), Trust Agreement (Sce&g Trust I), Trust Agreement (Keycorp Capital Iii)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 11 contracts

Samples: Trust Agreement (Wells Fargo & Co/Mn), Trust Agreement (National City Preferred Capital Trust I), Trust Agreement (Mellon Financial Corp)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 3 contracts

Samples: Trust Agreement (S&t Bancorp Inc), Trust Agreement (M&t Bank Corp), Trust Agreement (American Safety Insurance Group LTD)

May Hold Securities. Except as provided in the ------------------- definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 3 contracts

Samples: Trust Agreement (Allegiant Capital Trust Ii), Trust Agreement (Allegiant Capital Trust I), Trust Agreement (Allegiant Bancorp Inc)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I1, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 2 contracts

Samples: Trust Agreement (Broad National Bancorporation), Trust Agreement (BNB Capital Trust)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article IArticle_I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13Sections_8.8 and_8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Samples: Trust Agreement (Mason Dixon Capital Trust Ii)

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May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 8.9 and 8.138.14, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Samples: Trust Agreement (City Holding Capital Trust Ii)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.,

Appears in 1 contract

Samples: Trust Agreement (PNC Capital Trust F)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any the Issuer Trustee Trustees or any other agent of any the Issuer Trustee Trustees or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Samples: Trust Agreement (BSB Capital Trust I)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the AdministratorsAdministrative Trustees, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer TrustSuccess Capital, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust Success Capital with the same rights it would have if it were not an AdministratorAdministrative Trustee, Issuer Trustee or such other agent.

Appears in 1 contract

Samples: Trust Agreement (Success Bancshares Inc)

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