Common use of Persons Deemed Securityholders Clause in Contracts

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or 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 Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 11 contracts

Samples: Trust Agreement (Ace LTD), Trust Agreement (Assured Guaranty Capital Trust I), Trust Agreement (Ace Ina Holdings Inc)

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Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Registrar Transfer Agent and Registrar, and any agent of the Trustee and the Transfer Agent and Registrar, shall be entitled to 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 Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 9 contracts

Samples: Trust Agreement (Txu Capital Iv), Trust Agreement (Txu Capital I), Agreement (Txu Electric Capital Viii)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Registrar Transfer Agent and Registrar, and any agent of the Trustees and the Transfer Agent and Registrar, shall be entitled to treat the Person in whose name any Trust Securities Certificate shall be registered in the Securities Register as the absolute owner of such Trust Securities Certificate for the purpose of receiving distributions Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 4 contracts

Samples: Trust Agreement (FPL Group Capital Inc), Trust Agreement (Florida Power & Light CO Trust II), Trust Agreement (FPL Group Inc)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Transfer Agent and Registrar shall be entitled to 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 Trustees Trustee nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Agreement (Texas Utilities Electric Co), Agreement (Texas Utilities Electric Co), Agreement (Texas Utilities Electric Co)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or 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 Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii)

Persons Deemed Securityholders. Prior to due presentation of a Trust Preferred Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Registrar shall be entitled to treat the Person in whose name any Trust Preferred Securities Certificate shall be registered in the Securities Register as the owner Holder of such Trust Preferred Securities Certificate for the purpose of receiving distributions Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Trust Agreement (Delmarva Power & Light Co /De/), Trust Agreement (Atlantic Capital Ii), Trust Agreement (Atlantic City Electric Co)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Registrar shall be entitled to 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 Distributions and for all other purposes whatsoever, and neither the Trustees Trustee nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Expense Agreement (Midamerican Energy Financing Ii), Trust Agreement (Mp&l Capital I), Trust Agreement (Midamerican Energy Financing Ii)

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Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Transfer Agent and Registrar shall be entitled to 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 Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 3 contracts

Samples: Trust Agreement (Texas Utilities Electric Co), Trust Agreement (Enserch Capital I), Trust Agreement (Texas Utilities Electric Co)

Persons Deemed Securityholders. Prior to the due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or 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 Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

Appears in 2 contracts

Samples: Trust Agreement (Harleysville Group Inc), Trust Agreement (Rli Corp)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or and the Securities Transfer Agent and Registrar shall be entitled to 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 Distributions and for all other purposes whatsoever, and neither the Trustees Trustee nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 2 contracts

Samples: Trust Agreement (Mp&l Capital I), Trust Agreement (Tu Electric Capital V)

Persons Deemed Securityholders. Prior to due presentation of a Trust Securities Certificate for registration of transfer, the Administrative Trustees or the Securities Transfer Agent and 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 Trustees nor the Securities Transfer Agent and Registrar shall be bound by any notice to the contrary.

Appears in 1 contract

Samples: Trust Agreement (Cleveland Electric Financing Trust I)

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