Powers and Duties of the Trust Preferred Guarantee Trustee. (a) This Trust Preferred Securities Guarantee shall be held by the Trust Preferred Guarantee Trustee for the benefit of the Holders of the Trust Preferred Securities, and the Trust Preferred Guarantee Trustee shall not transfer this Trust Preferred Securities Guarantee to any Person except a Holder of Trust Preferred Securities exercising his or her rights pursuant to Section 5.4(b) or to a
Appears in 4 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Enron Preferred Funding Ii L P), Trust Preferred Securities Guarantee Agreement (Enron Capital Trust I), Preferred Securities Guarantee Agreement (Enron Capital Trust I)