Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 26 contracts

Samples: Trust Agreement (FCNB Capital Trust), Trust Agreement (Spectrum Capital Trust I), Trust Agreement (Peoples Bancshares Inc)

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Trust Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof808 of the Subordinated Indenture.

Appears in 17 contracts

Samples: Trust Agreement (PPL Capital Funding Inc), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (American Electric Power Co Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(b7.8 thereof and 512(b) or (c) hereofhereof and under the Guarantee.

Appears in 10 contracts

Samples: Trust Agreement (Metropolitan Financial Corp /Oh/), Trust Agreement (American Community Bancshares Inc), Trust Agreement (Southern Community Financial Corp)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b513(b) or (c) hereof.

Appears in 6 contracts

Samples: Trust Agreement (Independent Bank Corp /Mi/), Trust Agreement (Private Bancorp Capital Trust I), Trust Agreement (Wintrust Capital Trust VI)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) 5.8 of the Indenture in accordance with the terms of Section 6.8 hereof.

Appears in 4 contracts

Samples: Trust Agreement (Merry Land Properties Inc), Declaration of Trust (Superior Trust I), Trust Agreement (Merry Land Capital Trust)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder record holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b513(b) or (c) hereof.

Appears in 4 contracts

Samples: Trust Agreement (Wintrust Financial Corp), Trust Agreement (Wintrust Capital Trust I), Trust Agreement (Mbhi Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 4 contracts

Samples: Trust Agreement (Community First Bankshares Inc), Trust Agreement (VBC Capital I), Trust Agreement (Community First Bankshares Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(b8.8 thereof and 512(b) or (c) hereofhereof and under the Guarantee.

Appears in 2 contracts

Samples: Trust Agreement (Southern Community Capital Trust I), Trust Agreement (Southern Community Financial Corp)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b513(b) or (c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Front Range Capital Trust I), Trust Agreement (Front Range Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder record holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Wintrust Capital Trust I), Trust Agreement (Ifc Capital Trust I)

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of or Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.hereof ARTICLE V TRUST SECURITIES CERTIFICATES

Appears in 1 contract

Samples: Trust Agreement (Rbi Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.. 18 25

Appears in 1 contract

Samples: Trust Agreement (First Banks Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b5.15(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Bridge Bancorp Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(bSECTION 512(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Southside Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b515(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Yardville Capital Trust)

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