Rights and Obligations Evidenced by the Certificates. Each Certificate shall evidence the number of Units specified therein, with each such Unit representing the ownership by the Holder thereof of a beneficial interest in a Preferred Security (or Debenture upon a liquidation of the Trust) and a Warrant and shall be entitled to the benefits of the Declaration, the Indenture, the Warrant Agreement and all agreements ancillary thereto.
Appears in 3 contracts
Samples: Unit Agreement (New York Community Capital Trust I), Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc)
Rights and Obligations Evidenced by the Certificates. Each Certificate shall evidence the number of Units specified therein, with each such Unit Security representing the ownership by the Holder thereof of a beneficial interest in a Preferred Security (or Debenture upon a liquidation of the Trust) and a Warrant and shall be entitled to the benefits of the Declaration, the Indenture, the Warrant Agreement and all agreements ancillary thereto.
Appears in 3 contracts
Samples: Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc)
Rights and Obligations Evidenced by the Certificates. Each Certificate shall evidence the number of Units Securities specified therein, with each such Unit Security representing the ownership by the Holder thereof of a beneficial interest in a Preferred Security (or Debenture upon a liquidation of the Trust) and a Warrant and shall be entitled to the benefits of the Declaration, the Indenture, the Warrant Agreement and all agreements ancillary thereto.
Appears in 2 contracts
Samples: Agreement (Keyspan Trust Iii), Agreement (Keyspan Trust I)
Rights and Obligations Evidenced by the Certificates. Each Certificate shall evidence the number of Units specified therein, with each such Unit Certificate representing the ownership by the Holder thereof of a beneficial interest in a Preferred Security (or Debenture upon a liquidation distribution of a Debenture for a Preferred Security pursuant to the TrustTrust Agreement and the Indenture) and a Warrant and shall be entitled entitling the Holder to the benefits of the Declaration, the Indenture, the Warrant Agreement Operative Documents and all agreements ancillary thereto.
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