Common use of Payment Upon Resignation or Removal Clause in Contracts

Payment Upon Resignation or Removal. Upon termination of this Indenture or the removal or resignation of the Debenture Trustee, unless otherwise stated, the Corporation shall pay to the Debenture Trustee all amounts accrued and owing to the Debenture Trustee to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Property Trustee, as the case may be, pursuant to Section 5.7 of the Declaration, the Corporation shall pay to the Delaware Trustee or the Property Trustee, as the case may be, all amounts accrued and owing to such trustee(s) to the date of such termination, removal or resignation.

Appears in 7 contracts

Samples: Indenture (Bfoh Capital Trust I), Indenture (Hamilton Capital Trust I), Indenture (Haven Bancorp Inc)

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Payment Upon Resignation or Removal. Upon termination of this Indenture or the removal or resignation of the Debenture Trustee, unless otherwise stated, the Corporation shall pay to the Debenture Trustee all amounts accrued and owing to the Debenture Trustee to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Property Trustee, as the case may be, pursuant to Section 5.7 5.6 of the Declaration, the Corporation shall pay to the Delaware Trustee or the Property Trustee, as the case may be, all amounts accrued and owing to such trustee(s) to the date of such termination, removal or resignation.

Appears in 3 contracts

Samples: Indenture (Valley National Bancorp), New York Community Bancorp Inc, BFD Preferred Capital Trust Ii

Payment Upon Resignation or Removal. Upon termination of this Indenture or the removal or resignation of the Debenture Trustee, unless otherwise stated, the Corporation shall pay to the Debenture Trustee all amounts accrued and owing to the Debenture Trustee to the date of such termination, removal or resignation. Upon termination of the Declaration Trust Agreement or the removal or resignation of the Delaware Trustee or the Property Trustee, as the case may be, pursuant to Section 5.7 of the DeclarationTrust Agreement, the Corporation shall pay to the Delaware Trustee or the Property Trustee, as the case may be, all amounts accrued and owing to such trustee(s) to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Greater Bay Bancorp)

Payment Upon Resignation or Removal. Upon termination of this Indenture or the removal or resignation of the Debenture Trustee, unless otherwise stated, the Corporation shall pay to the Debenture Trustee all amounts accrued and owing to the Debenture Trustee to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Property Trustee, as the case may be, pursuant to Section 5.7 3.06 or 5.07 of the Declaration, the Corporation shall pay to the Delaware Trustee or the Property Trustee, as the case may be, all amounts accrued and owing to such trustee(s) Person to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (American Home Mortgage Investment Corp)

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Payment Upon Resignation or Removal. Upon termination of this Indenture or the removal or resignation of the Debenture Indenture Trustee, unless otherwise stated, the Corporation Company shall pay to the Debenture Indenture Trustee all amounts accrued and owing to the Debenture Indenture Trustee to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Property TrusteeInstitutional Trustee under the Declaration, as the case may be, pursuant to Section 5.7 of the Declaration, the Corporation Company shall pay to the Delaware Trustee or the Property Institutional Trustee, as the case may be, all amounts accrued and owing to such trustee(s) to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Dime Community Bancshares Inc)

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