Common use of Redeposit of Preferred Securities Clause in Contracts

Redeposit of Preferred Securities. Subject to the terms and conditions of this Trust Agreement, any holder of Preferred Securities may redeposit withdrawn Preferred Securities under this Trust Agreement by delivery to the Partnership of a certificate or certificates for the Preferred Securities to be deposited, properly endorsed or accompanied, if required by the Partnership, by a properly executed instrument of transfer or endorsement in form satisfactory to the Partnership and in compliance with the terms of the Partnership Agreement, together with all such certifications as may be required by the Partnership in its sole discretion and in accordance with the provisions of the Partnership Agreement. Within a reasonable period after such deposit is properly made, the Partnership shall issue the redeposited Preferred Securities to the Property Trustee, and the Regular Trustees shall instruct the Property Trustee by written order to increase the number of Trust Securities represented by the global certificate held by the Property Trustee by an amount equal to the Preferred Securities to be deposited. The Trust Securities that represent such redeposited Preferred Securities will not be issued in certificated form (other than as part of the global certificate). The Partnership will accept the deposit of such Preferred Securities only upon payment by such holder of Preferred Securities to the Partnership of all taxes and other governmental charges and any fees payable in connection with such deposit and the transfer of the deposited Preferred Securities. If required by the Partnership, Preferred Securities presented for deposit at any time shall also be accompanied by an agreement or assignment, or other instrument satisfactory to the Partnership, that will provide for the prompt transfer to the Property Trustee or its nominee of any distribution or other right that any Person in whose name the Preferred Securities are registered may thereafter receive upon or in respect of such deposited Preferred Securities, or in lieu thereof such agreement of indemnity or other agreement as shall be satisfactory to the Property Trustee.

Redeposit of Preferred Securities. Subject to the terms and conditions of this Trust Agreement, any holder of Preferred Securities may redeposit withdrawn Preferred Securities under this Trust Agreement by delivery to the Partnership of a certificate or certificates for the Preferred Securities to be deposited, properly endorsed or accompanied, if required by the Partnership, by a properly executed instrument of transfer or endorsement in form satisfactory to the Partnership and in compliance with the terms of the Partnership Agreement, together with all such certifications as may be required by the Partnership in its sole discretion and in accordance with the provisions of the Partnership Agreement. Within a reasonable period after such deposit is properly made, the Partnership shall issue the redeposited Preferred Securities to the Property Trustee, and the Regular Trustees shall instruct the Property Trustee by written order to increase the number of Trust Securities represented by the global certificate held by the Property Trustee by an amount equal to the Preferred Securities to be deposited. The Trust Securities that represent such redeposited Preferred Securities will not be issued in certificated form (other than as part of the global certificate)form. The Partnership will accept the deposit of such Preferred Securities only upon payment by such holder of Preferred Securities to the Partnership of all taxes and other governmental charges and any fees payable in connection with such deposit and the transfer of the deposited Preferred Securities. If required by the Partnership, Preferred Securities presented for deposit at any time shall also be accompanied by an agreement or assignment, or other instrument satisfactory to the Partnership, that will provide for the prompt transfer to the Property Trustee or its nominee of any distribution or other right that any Person in whose name the Preferred Securities are registered may thereafter receive upon or in respect of such deposited Preferred Securities, or in lieu thereof such agreement of indemnity or other agreement as shall be satisfactory to the Property Trustee.

Redeposit of Preferred Securities. Subject to the terms and conditions of this Trust Agreement, any holder of Preferred Securities may redeposit withdrawn Preferred Securities under this Trust Agreement by delivery to the Partnership Trustee of a certificate or certificates for the Preferred Securities to be deposited, properly endorsed or accompanied, if required by the PartnershipTrustee, by a properly executed instrument of transfer or endorsement in form satisfactory to the Partnership Trustee and in compliance with the terms of the Partnership Agreement, together with all such certifications as may be required by the Partnership Trustee in its sole discretion and in accordance with the provisions of the Partnership this Trust Agreement. Within a reasonable period after such deposit is properly made, the Partnership shall issue the redeposited Preferred Securities to the Property Trustee, and the Regular Trustees Trustee shall instruct the Property Trustee by written order DTC to increase the number of Trust Capital Securities represented by the global certificate held by the Property Trustee DTC by an amount equal to the Preferred Securities to be deposited. The Trust Securities that represent such redeposited Preferred Capital Securities will not be issued in certificated form (other than as part of the global certificate)form. The Partnership Trustee will only accept the deposit of such Preferred Securities only upon payment by such holder of Preferred Securities to the Partnership Trustee of all taxes and other governmental charges and any fees payable in connection with such deposit and the transfer of the deposited Preferred Securities. If required by the PartnershipTrustee, Preferred Securities presented for deposit at any time shall also be accompanied by an agreement or assignment, or other instrument satisfactory to the PartnershipTrustee, that will provide for the prompt transfer to the Property Trustee or its nominee of any distribution or other right that any Person in whose name the Preferred Securities are registered may thereafter receive upon or in respect of such deposited Preferred Securities, or in lieu thereof such agreement of indemnity or other agreement as shall be satisfactory to the Property Trustee.

Redeposit of Preferred Securities. Subject to the terms and conditions of this Trust Agreement, any holder of Preferred Securities may redeposit withdrawn Preferred Securities under this Trust Agreement by delivery to the Partnership Trustee of a certificate or certificates for the Preferred Securities to be deposited, properly endorsed or accompanied, if required by the PartnershipTrustee, by a properly executed instrument of transfer or endorsement in form satisfactory to the Partnership Trustee and in compliance with the terms of the Partnership Agreement, together with all such certifications as may be required by the Partnership Trustee in its sole discretion and in accordance with the provisions of the Partnership this Trust Agreement. Within a reasonable period after such deposit is properly made, the Partnership shall issue the redeposited Preferred Securities to the Property Trustee, and the Regular Trustees Trustee shall instruct the Property Trustee by written order DTC to increase the number of Trust Securities Receipts represented by the global certificate held by the Property Trustee DTC by an amount equal to the Preferred Securities to be deposited. The Preferred Trust Securities that represent such redeposited Preferred Securities Receipts will not be issued in certificated form (other than as part of the global certificate)form. The Partnership Trustee will only accept the deposit of such Preferred Securities only upon payment by such holder of Preferred Securities to the Partnership Trustee of all taxes and other governmental charges and any fees payable in connection with such deposit and the transfer of the deposited Preferred Securities. If required by the PartnershipTrustee, Preferred Securities presented for deposit at any time shall also be accompanied by an agreement or assignment, or other instrument satisfactory to the PartnershipTrustee, that will provide for the prompt transfer to the Property Trustee or its nominee of any distribution or other right that any Person in whose name the Preferred Securities are registered may thereafter receive upon or in respect of such deposited Preferred Securities, or in lieu thereof such agreement of indemnity or other agreement as shall be satisfactory to the Property Trustee.