Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 23 contracts
Samples: Trust Agreement (MBWM Capital Trust I), Trust Agreement (Abington Bancorp Capital Trust), Trust Agreement (Community First Bankshares Inc)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE.".
Appears in 18 contracts
Samples: Trust Agreement (Independent Bank Corp /Mi/), Trust Agreement (Wintrust Capital Trust VI), Trust Agreement (Front Range Capital Trust I)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 12.01 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 7 contracts
Samples: Trust Agreement (Ozark Capital Trust), Trust Agreement (Bank of the Ozarks Inc), Trust Agreement (Blue Valley Ban Corp)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation or transfer of assets substantially as an entirety pursuant to Section 12.1 10.01 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 6 contracts
Samples: Trust Agreement (Central Power & Light Co /Tx/), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (Public Service Co of Oklahoma)
Ownership of Common Securities by Depositor. On the Closing DateDate and on each other date provided for in Section 2.5, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 5 contracts
Samples: Trust Agreement (Chubb Capital Trust Iii), Trust Agreement (Hartford Capital V), Junior Subordinated Indenture (Hartford Financial Services Group Inc/De)
Ownership of Common Securities by Depositor. On the Closing DateDate and on each other date provided for in Section 2.05, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 4 contracts
Samples: Trust Agreement (Pacific Gas & Electric Co), Trust Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp)
Ownership of Common Securities by Depositor. On the Closing Date and on any Option Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 9.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLETRANSFERABLE EXCEPT AS PROVIDED IN THE TRUST AGREEMENT (AS DEFINED BELOW).".
Appears in 3 contracts
Samples: Trust Agreement (First Merchants Corp), Trust Agreement (First Merchants Capital Trust I), Trust Agreement (First Merchants Corp)
Ownership of Common Securities by Depositor. On At the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, other than transactions permitted by Article XI of the Indenture, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall Administrators cause each the Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLETRANSFERABLE EXCEPT AS DESCRIBED IN THE TRUST AGREEMENT (AS DEFINED BELOW).".
Appears in 3 contracts
Samples: Trust Agreement (Bear Stearns Capital Trust V), Trust Agreement (Bear Stearns Companies Inc), Trust Agreement (Bear Stearns Companies Inc)
Ownership of Common Securities by Depositor. On the Closing DateDate and on each other date provided for in Section 2.05, the Depositor shall acquire acquire, and retain thereafter retain, beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any Any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 3 contracts
Samples: Trust Agreement (Tu Electric Capital I), Trust Agreement (Texas Utilities Electric Co), Trust Agreement (Tu Electric Capital Ii)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".NOT
Appears in 2 contracts
Samples: Trust Agreement (Peoples Bancshares Inc), Trust Agreement (Peoples Bancshares Inc)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 10.01 of the Indenture) shall be void. The Administrative Trustees shall cause each Common common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 2 contracts
Samples: Trust Agreement (Ibc Capital Finance), Trust Agreement (Ibc Capital Finance)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire acquire, and retain thereafter retain, beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any Any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 1101 of the Subordinated Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 2 contracts
Samples: Trust Agreement (Montana Power Capital I), Trust Agreement (Montana Power Co /Mt/)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 2 contracts
Samples: Declaration of Trust (Boise Cascade Trust Iii), Trust Agreement (Big Flower Holdings Inc)
Ownership of Common Securities by Depositor. On the First Closing Date, and, if applicable, the Second Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE.".
Appears in 1 contract
Ownership of Common Securities by Depositor. On At the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, other than transactions permitted by Article XI of the Indenture, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each the Common Securities Certificate issued to the Depositor to contain a legend stating "“THIS CERTIFICATE IS NOT TRANSFERABLE"TRANSFERABLE EXCEPT AS DESCRIBED IN THE TRUST AGREEMENT (AS DEFINED BELOW).”
Appears in 1 contract
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 13.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Samples: Trust Agreement (American Bank Inc)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 13.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE.".
Appears in 1 contract
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 permitted by Article XIII of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Samples: Trust Agreement (Bridge Bancorp Inc)
Ownership of Common Securities by Depositor. On the Closing DateDate provided for in Section 2.5, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Ownership of Common Securities by Depositor. On the Closing Date, Date the Depositor shall acquire and thereafter shall retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any Any attempted transfer of the Common Securities (other than a transfer as set forth in connection with a merger or consolidation the preceding sentence shall be void; provided that any permitted successor of the Depositor into another corporation pursuant under the Indenture may succeed to Section 12.1 the Depositor's ownership of the Indenture) shall be voidCommon Securities. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating substantially "THIS CERTIFICATE IS NOT TRANSFERABLE.".
Appears in 1 contract
Samples: Trust Agreement (Vib Corp)
Ownership of Common Securities by Depositor. On the Closing Date, the Depositor shall acquire and thereafter shall retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any Any attempted transfer of the Common Securities (other than a transfer as set forth in connection with a merger or consolidation the preceding sentence shall be void; provided that any permitted successor of the Depositor into another corporation pursuant under the Indenture may succeed to Section 12.1 the Depositor's ownership of the Indenture) shall be voidCommon Securities. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating substantially "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Samples: Trust Agreement (Metlife Inc)
Ownership of Common Securities by Depositor. On the Closing DateDate and on each other date provided for in Section 2.05, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any Any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation shall be void; PROVIDED that any permitted successor of the Depositor into another corporation pursuant under the Indenture may succeed to Section 12.1 the Depositor's ownership of the Indenture) shall be voidCommon Securities. The Administrative Trustees shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Ownership of Common Securities by Depositor. On the At each Closing Date, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, other than transactions permitted by Section 5.01 of the Indenture, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees Administrators shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLETRANSFERABLE OTHER THAN IN ACCORDANCE WITH THE TRUST AGREEMENT (AS DEFINED BELOW).".
Appears in 1 contract
Ownership of Common Securities by Depositor. On the Closing DateDate and on each other date provided for in Section 2.05, the Depositor shall acquire and retain beneficial and record ownership of the Common Securities. To the fullest extent permitted by law, any attempted transfer of the Common Securities (other than a transfer in connection with a merger or consolidation of the Depositor into another corporation pursuant to Section 12.1 of the Indenture) shall be void. The Administrative Trustees Administrators shall cause each Common Securities Certificate issued to the Depositor to contain a legend stating "THIS CERTIFICATE IS NOT TRANSFERABLE".
Appears in 1 contract
Samples: Trust Agreement (Usf&g Corp)