Common use of Obligations with Respect to Transfers and Exchanges of Preferred Securities Clause in Contracts

Obligations with Respect to Transfers and Exchanges of Preferred Securities. (i) To permit registrations of transfers and exchanges, the Trust shall execute and the Property Trustee shall authenticate Definitive Preferred Securities at the Registrar’s or co-Registrar’s request in accordance with the terms of this Trust Agreement. (ii) Registrations of transfers or exchanges will be effected without charge, but only upon payment (with such indemnity as the Trust, the Property Trustee or the Company may require) in respect of any tax or other governmental charge that may be imposed in relation to it. (iii) The Registrar or co-registrar shall not be required to register the transfer of or exchange (a) Preferred Securities during a period beginning at the opening of business 15 days before the day of mailing of a notice of prepayment or any notice of selection of Preferred Securities for prepayment and ending at the close of business on the day of such mailing; or (b) any Preferred Security so selected for prepayment in whole or in part, except the unredeemed portion of any Preferred Security being redeemed in part. (iv) Prior to the due presentation for registration of transfer of any Preferred Security, the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar may deem and treat the Person in whose name a Preferred Security is registered as the absolute owner of such Preferred Security for the purpose of receiving Distributions on such Preferred Security and for all other purposes whatsoever, and none of the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar shall be affected by notice to the contrary. (v) All Preferred Securities issued upon any registration of transfer or exchange pursuant to the terms of this Trust Agreement shall evidence the same security and shall be entitled to the same benefits under this Trust Agreement as the Preferred Securities surrendered upon such registration of transfer or exchange.

Obligations with Respect to Transfers and Exchanges of Preferred Securities. (i) To permit registrations of transfers and exchanges, the Trust shall execute and the Property Trustee shall authenticate Definitive Preferred Securities and Global Preferred Securities at the Registrar’s or co-Registrar’s request in accordance with the terms of this Trust Agreement. (ii) Registrations of transfers or exchanges will be effected without charge, but only upon payment (with such indemnity as the Trust, the Property Trustee or the Company Sponsor may require) in respect of any tax or other governmental charge that may be imposed in relation to it. (iii) The Registrar or co-registrar shall not be required to register the transfer of or exchange (a) Preferred Securities during a period beginning at the opening of business 15 days before the day of mailing of a notice of prepayment redemption or any notice of selection of Preferred Securities for prepayment redemption and ending at the close of business on the day of such mailing; or (b) any Preferred Security so selected for prepayment redemption in whole or in part, except the unredeemed portion of any Preferred Security being redeemed in part. (iv) Prior to the due presentation for registration registrations of transfer of any Preferred Security, the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar may deem and treat the Person in whose name a Preferred Security is registered as the absolute owner of such Preferred Security for the purpose of receiving Distributions on such Preferred Security and for all other purposes whatsoever, and none of the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar shall be affected by notice to the contrary. (v) All Preferred Securities issued upon any registration of transfer or exchange pursuant to the terms of this Trust Agreement shall evidence the same security and shall be entitled to the same benefits under this Trust Agreement as the Preferred Securities surrendered upon such registration of transfer or exchange.

Obligations with Respect to Transfers and Exchanges of Preferred Securities. (i) To permit registrations of transfers and exchanges, the Trust shall execute and the Property Trustee shall authenticate Definitive Preferred Securities and at the Registrar’s 's or a co-Registrar’s request in accordance with the terms of this Trust Agreementregistrar's request. (ii) Registrations of transfers or exchanges will be effected without charge, but only upon payment (with such indemnity as the Trust, the Property Trustee Trust or the Company Sponsor may require) in respect of any tax or other governmental charge that may be imposed in relation to it. (iii) The Registrar or a co-registrar shall not be required to register the transfer of or exchange of (a) any Definitive Preferred Securities during a period beginning at Security selected for Redemption in whole or in part pursuant to Article III, except the opening unredeemed portion of business 15 days before the day of mailing of a notice of prepayment or any notice of selection of Definitive Preferred Securities for prepayment and ending at the close of business on the day of such mailing; Security being redeemed in part, or (b) any Preferred Security so selected for prepayment in whole a period beginning 15 Business Days before the mailing of a notice of an offer to repurchase or in part, except the unredeemed portion of any redeem Preferred Security being redeemed in part.Securities or 15 Business Days before a quarterly distribution date. 39 44 (iv) Prior to the due presentation for registration registrations of transfer of any Preferred Security, the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar may deem and treat the Person person in whose name a Preferred Security is registered as the absolute owner of such Preferred Security for the purpose of receiving Distributions on such Preferred Security and for all other purposes whatsoever, and none of the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar shall be affected by notice to the contrary. (v) All Preferred Securities issued upon any registration of transfer or exchange pursuant to the terms of this Trust Agreement Declaration shall evidence the same security and shall be entitled to the same benefits under this Trust Agreement Declaration as the Preferred Securities surrendered upon such registration of transfer or exchange.

Obligations with Respect to Transfers and Exchanges of Preferred Securities. (i) To permit registrations of transfers and exchanges, the Trust shall execute and the Property Trustee shall authenticate Definitive Preferred Securities and Global Preferred Securities at the Registrar’s 's or co-Registrar’s request in accordance with the terms of this Trust Agreementa co- registrar's request. (ii) Registrations of transfers or exchanges will be effected without charge, but only upon payment (with such indemnity as the Trust, the Property Trustee Trust or the Company Sponsor may require) in respect of any tax or other governmental charge that may be imposed in relation to it. (iii) The Registrar or a co-registrar shall not be required to register the transfer of or exchange of (a) any Definitive Preferred Securities during a period beginning at Security selected for Redemption in whole or in part pursuant to Article III, except the opening unredeemed portion of business 15 days before the day of mailing of a notice of prepayment or any notice of selection of Definitive Preferred Securities for prepayment and ending at the close of business on the day of such mailing; Security being redeemed in part, or (b) any Preferred Security so selected for prepayment in whole a period beginning 15 Business Days before the mailing of a notice of an offer to repurchase or in part, except the unredeemed portion of any redeem Preferred Security being redeemed in partSecurities or 15 Business Days before a quarterly distribution date. (iv) Prior to the due presentation for registration registrations of transfer of any Preferred Security, the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar may deem and treat the Person person in whose name a Preferred Security is registered as the absolute owner of such Preferred Security for the purpose of receiving Distributions on such Preferred Security and for all other purposes whatsoever, and none of the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar shall be affected by notice to the contrary. (v) All Preferred Securities issued upon any registration of transfer or exchange pursuant to the terms of this Trust Agreement Declaration shall evidence the same security and shall be entitled to the same benefits under this Trust Agreement Declaration as the Preferred Securities surrendered upon such registration of transfer or exchange.

Obligations with Respect to Transfers and Exchanges of Preferred Securities. (i) To permit registrations of transfers and exchanges, the Trust shall execute and the Property Trustee shall authenticate Definitive Preferred Securities and Global Preferred Securities at the Registrar’s 's or co-Registrar’s 's request in accordance with the terms of this Trust Agreement. (ii) Registrations of transfers or exchanges will be effected without charge, but only upon payment (with such indemnity as the Trust, the Property Trustee or the Company Depositor may require) in respect of any tax or other governmental charge that may be imposed in relation to it. (iii) The Registrar or co-registrar shall not be required to register the transfer of or exchange (a) Preferred Securities during a period beginning at the opening of business 15 days before the day of mailing of a notice of prepayment redemption or any notice of selection of Preferred Securities for prepayment redemption and ending at the close of business on the day of such mailing; or (b) any Preferred Security so selected for prepayment redemption in whole or in part, except the unredeemed portion of any Preferred Security being redeemed in part. (iv) Prior to the due presentation for registration registrations of transfer of any Preferred Security, the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar may deem and treat the Person in whose name a Preferred Security is registered as the absolute owner of such Preferred Security for the purpose of receiving Distributions on such Preferred Security and for all other purposes whatsoever, and none of the Trust, the Property Trustee, the Paying Agent, the Registrar or any co-registrar shall be affected by notice to the contrary. (v) All Preferred Securities issued upon any registration of transfer or exchange pursuant to the terms of this Trust Agreement shall evidence the same security and shall be entitled to the same benefits under this Trust Agreement as the Preferred Securities surrendered upon such registration of transfer or exchange.