Common use of Persons Deemed Holders Clause in Contracts

Persons Deemed Holders. The Issuer Trustees and the Securities Registrar shall each treat the Person in whose name any Trust Securities Certificate shall be registered in the Securities Register as the owner of such Trust Securities Certificate for the purpose of receiving Distributions and for all other purposes whatsoever, and none of the Issuer Trustees, the Administrative Trustees and the Securities Registrar shall be bound by any notice to the contrary.

Appears in 36 contracts

Samples: Trust Agreement (First Merchants Corp), Trust Agreement (Us Bancorp \De\), Trust Agreement (Superior Bancorp)

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Persons Deemed Holders. The Issuer Trustees and the Securities Registrar shall each treat the Person in whose name any Trust Securities Certificate shall be registered in the Securities Register as the owner of such Trust Securities Certificate for the purpose of receiving Distributions and for all other purposes whatsoever, and none of the Issuer Trustees, the Administrative Trustees and or the Securities Registrar shall be bound by any notice to the contrary.

Appears in 1 contract

Samples: Trust Agreement (Zions Institutional Capital Trust A)

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