Common use of Number of Issuer Trustees Clause in Contracts

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 21 contracts

Samples: Trust Agreement (Cullen Frost Capital Trust Ii), Trust Agreement (Compass Trust Ii), Trust Agreement (Bank of New York Co Inc)

AutoNDA by SimpleDocs

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the . The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annuldissolve, dissolve terminate or terminate annul the Issuer Trust.

Appears in 18 contracts

Samples: Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Citizens Funding Trust II), Trust Agreement (Keycorp /New/)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate annul the Issuer Trust.

Appears in 13 contracts

Samples: Trust Agreement (National Penn Bancshares Inc), Trust Agreement (Pfbi Capital Trust), Trust Agreement (BNB Capital Trust)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be fourfive, provided that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 11 contracts

Samples: Trust Agreement (Everest Re Group LTD), Trust Agreement (Zions Capital Trust B), Trust Agreement (Everest Reinsurance Holdings Inc)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be fourfive, provided that unless the Property Trustee and the Delaware Trustee may be are the same Person, in which case the number of Issuer Trustees shall be four. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 7 contracts

Samples: Declaration of Trust (BEE Financing Trust III), Declaration of Trust (CT Public Preferred Trust III), Declaration of Trust (Strategic Hotels & Resorts, Inc)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the [ ]. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annuldissolve, dissolve terminate or terminate annul the Issuer Trust.

Appears in 7 contracts

Samples: Trust Agreement (Goldman Sachs Capital III), Trust Agreement (Goldman Sachs Group Inc/), Trust Agreement (Goldman Sachs Capital V)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be fourtwo, provided that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 5 contracts

Samples: Trust Agreement (CSC Capital Iii), Trust Agreement (State Street Boston Corp), Trust Agreement (Cullen Frost Capital Trust I)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate annul the Issuer Trust.. 65

Appears in 3 contracts

Samples: Trust Agreement (Jbi Capital Trust I), Trust Agreement (Jeffbanks Inc), Trust Agreement (Jeffbanks Inc)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person, in which case the number of Issuer Trustees may be one. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate annul the Issuer Trust.

Appears in 3 contracts

Samples: Trust Agreement (First Empire Capital Trust Ii), Trust Agreement (First Empire Capital Trust I), Trust Agreement (First Empire State Corp)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person, in which event the number of Issuer Trustees shall be one. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate annual the Issuer Trust.

Appears in 2 contracts

Samples: Trust Agreement (Aici Capital Trust), Trust Agreement (Aici Capital Trust)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person, in which event the number of Issuer Trustees shall be one. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate annul the Issuer Trust.

Appears in 2 contracts

Samples: Trust Agreement (Gold Banc Corp Inc), Trust Agreement (PNC Capital Trust F)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annuldissolve, dissolve terminate or terminate annul the Issuer Trust.

Appears in 2 contracts

Samples: Trust Agreement (Keycorp Institutional Capital A), Trust Agreement (Keycorp Institutional Capital B)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be fourfive, provided that the Property Trustee and the Delaware Trustee may be the same Person.. 262 (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Scana Corp)

AutoNDA by SimpleDocs

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided PROVIDED that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Southern States Capital Trust I)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the five. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annuldissolve, dissolve terminate or terminate annul the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Group Inc/)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person, in which case the number of Issuer Trustees may be one. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annuldissolve, dissolve terminate or terminate annul the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Equitable Resources Capital Trust I)

Number of Issuer Trustees. (a) The initial number of Issuer Trustees shall be fourfive, provided that the Property Trustee and the Delaware Trustee may be the same PersonPerson if the Property Trustee satisfies the applicable requirements. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (HSB Group Inc)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be foursix, provided that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Banponce Trust Ii)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be fourfive, provided that the Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.108.9. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.

Appears in 1 contract

Samples: Trust Agreement (Sea Pines Associates Inc)

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be four, provided that the two. The Property Trustee and the Delaware Trustee may be the same Person. (b) If an Issuer Trustee ceases to hold office for any reason, a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trustannul Success Capital.

Appears in 1 contract

Samples: Trust Agreement (Success Bancshares Inc)

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