Common use of RIGHTS OF HOLDERS OF TRUST PREFERRED SECURITIES UNDER THE COMPANY PREFERRED SECURITIES Clause in Contracts

RIGHTS OF HOLDERS OF TRUST PREFERRED SECURITIES UNDER THE COMPANY PREFERRED SECURITIES. To the fullest extent permitted by law, without the need for any other action of any Person, including the Trustee and any other holder of the Trust Preferred Securities, each holder of the Trust Preferred Securities shall be entitled to enforce in the name of the Trust the Trust's rights under the Company Preferred Securities represented by the Trust Preferred Securities held by such holder.