Common use of PERSONS DEEMED SECURITY HOLDERS Clause in Contracts

PERSONS DEEMED SECURITY HOLDERS. The Property Trustee and the Securities Registrar shall 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 neither the Property Trustee nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Trust Agreement (Merry Land Properties Inc), Trust Agreement (Merry Land Capital Trust), Trust Agreement (Dayton Superior Capital Trust)

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PERSONS DEEMED SECURITY HOLDERS. The Property Trustee Trustees, the Paying Agent and the Securities Registrar shall 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 neither the Property Trustee Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Trust Agreement (Spectrum Capital Trust I), Trust Agreement (Fw Capital I), Trust Agreement (Spectrum Capital Trust Ii)

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