Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 175 contracts
Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Capital IV)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 102 contracts
Samples: Trust Agreement (Goldman Sachs Group Inc), Trust Agreement (Goldman Sachs Group Inc), Declaration of Trust (BEE Financing Trust III)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 101 contracts
Samples: Trust Agreement, Trust Agreement (Goldman Sachs Capital III), Trust Agreement (Gainsco Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Securityholders and the Securityholders Trust in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Junior Subordinated Notes shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.
Appears in 76 contracts
Samples: Trust Agreement (Gulf Power Co), Trust Agreement (Georgia Power Capital Trust Vi), Trust Agreement (Duke Energy Capital Trust V)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 20 contracts
Samples: Trust Agreement (Schwab Capital Trust Ii), Trust Agreement (Metrocorp Inc), Trust Agreement (Schwab Charles Corp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) Issuer Trust and shall be held and administered by the Property Trustee (in its capacity as such) for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 15 contracts
Samples: Trust Agreement (M&t Bank Corp), Trust Agreement (S&t Bancorp Inc), Trust Agreement (S&t Bancorp Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The Securityholders shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 14 contracts
Samples: Trust Agreement (HPT Capital Trust I), Trust Agreement (Senior Housing Properties Trust), Merger Agreement (Ilm Ii Senior Living Inc /Va)
Title to Trust Property. Legal Subject to the terms and provisions of the Collateral Agreement, legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) ), on behalf of the Issuer Trust, and shall be held and administered by the Property Trustee for the benefit of the Issuer Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 9 contracts
Samples: Trust Agreement (National City Corp), Trust Agreement (National City Corp), Trust Agreement (Huntington Bancshares Inc/Md)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Securityholders and the Securityholders Trust in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Subordinated Debentures shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.
Appears in 7 contracts
Samples: Trust Agreement (Semco Energy Inc), Trust Agreement (DRH Regrem Xii Lp), Trust Agreement (HPH Homebuilders 2000 Lp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The Securityholder shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 6 contracts
Samples: Trust Agreement (CNS Energy Trust Iii), Trust Agreement (Host Marriott Corp/), Trust Agreement (CMS Energy Trust V)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the alx xxxxx xx xxx Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 5 contracts
Samples: Trust Agreement (Aep Capital Trust Iii), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (Aep Capital Trust Iii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) Trust and shall be held and administered by the Property Trustee Regular Trustees for the benefit of the Trust and the Securityholders Shareholders in accordance with this Agreement. No Shareholder shall have legal title to any part of the Trust AgreementProperty, but shall have an undivided beneficial interest in the Trust Property.
Appears in 5 contracts
Samples: Trust Agreement (Compass Group Diversified Holdings LLC), Trust Agreement (Compass Group Diversified Holdings LLC), Trust Agreement (Compass Diversified Holdings)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration of Trust.
Appears in 4 contracts
Samples: Declaration of Trust (Guaranty Capital Trust I), Declaration of Trust (Southern Financial Capital Trust I), Declaration of Trust (Highlands Capital Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The Securityholders shall be the sole beneficial owners of the Trust Property.
Appears in 4 contracts
Samples: Trust Agreement (Teco Energy Inc), Trust Agreement (Teco Energy Inc), Trust Agreement (Teco Capital Trust Iii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Debentures shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.
Appears in 4 contracts
Samples: Trust Agreement (Hl&p Capital Trust I), Trust Agreement (Hl&p Capital Trust Iv), Trust Agreement (Hl&p Capital Trust Iv)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.. 21 16
Appears in 4 contracts
Samples: Trust Agreement (Chase Capital Iii), Trust Agreement (Chase Capital Ix), Trust Agreement (Chase Capital Vi)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Securityholders and the Securityholders Trust in accordance with this Trust Agreement.. The right, title and interest of the Property Trustee to the Subordinated
Appears in 4 contracts
Samples: Trust Agreement (Semco Capital Trust Iii), Trust Agreement (Semco Capital Trust Iii), Trust Agreement (Semco Capital Trust)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
ARTICLE III PAYMENT ACCOUNT
Appears in 4 contracts
Samples: Trust Agreement (Peoples Bancshares Inc), Trust Agreement (Ibc Capital Finance), Trust Agreement (Metropolitan Financial Corp /Oh/)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders Security holders in accordance with this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Spectrum Capital Trust Ii), Trust Agreement (Fw Capital I), Trust Agreement (Spectrum Capital Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Trust and the Securityholders Holders in accordance with this Trust Agreement. The Holders shall not have any right or title to the Trust Property other than the undivided beneficial interest in the assets of the Trust conferred by their Trust Securities and they shall have no right to call for any partition or division of property, profits or rights of the Trust except as described below. The Trust Securities shall be personal property giving only the rights specifically set forth therein and in this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Valley Financial Corp /Va/), Trust Agreement (Greater Community Bancorp), Trust Agreement (Vision Bancshares Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders Security Holders in accordance with this Trust Agreement. The Security Holders shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 3 contracts
Samples: Trust Agreement (Merry Land Capital Trust), Trust Agreement (Dayton Superior Capital Trust), Trust Agreement (Merry Land Properties Inc)
Title to Trust Property. Legal title to all Trust Property ----------------------- shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Ctbi Preferred Capital Trust Ii), Trust Agreement (Abc Bancorp Capital Trust I), Trust Agreement (Abc Bancorp Capital Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration. The Securityholders shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 3 contracts
Samples: Declaration of Trust (Superior Trust I), Declaration of Trust (Tower Automotive Inc), Declaration of Trust (Superior Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Securityholders and the Securityholders Trust in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Junior Subordinated Debentures shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.
Appears in 3 contracts
Samples: Trust Agreement (Southwestern Electric Power Co), Trust Agreement (Southwestern Electric Power Co), Trust Agreement (Southwestern Electric Power Co)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Holders and the Securityholders Trust in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Convertible Debentures shall vest automatically in each Person who may thereafter be appointed as Property Trustee in accordance with the terms hereof. Such vesting and cessation of title shall be effective whether or not conveyancing documents have been executed and delivered.
Appears in 3 contracts
Samples: Trust Agreement (Omnicare Capital Trust Ii), Trust Agreement (Omnicare Inc), Trust Agreement (Omnicare Inc)
Title to Trust Property. Legal title to all Trust Property ----------------------- shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (DPL Inc), Trust Agreement (PMC Capital I), Trust Agreement (DPL Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) Trust and shall be held and administered by the Property Regular Trustee for the benefit of the Trust and the Securityholders Shareholders in accordance with this Agreement. Each Shareholder shall not have legal title to any part of the Trust AgreementProperty, but shall have an undivided beneficial interest in the Sponsor Shares owned by the Trust.
Appears in 3 contracts
Samples: Trust Agreement (Macquarie Infrastructure CO LLC), Trust Agreement (Macquarie Infrastructure CO Trust), Trust Agreement (Macquarie Infrastructure CO Trust)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the name of the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Trenwick America Capital Trust Iii), Trust Agreement (Trenwick America Capital Trust Iii), Trust Agreement (Trenwick America Capital Trust Iii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement, subject to the terms and provisions of the Collateral Agreement.
Appears in 3 contracts
Samples: Trust Agreement (Us Bancorp \De\), Trust Agreement (USB Capital IX), Trust Agreement (Wachovia Capital Trust Iii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Enterprise Group Inc), Trust Agreement (Public Service Electric & Gas Co)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.and
Appears in 2 contracts
Samples: Trust Agreement (Mony Group Inc), Trust Agreement (Mony Group Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The Holders shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial ownership interest in the assets of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Sierra Pacific Resources Capital Trust Ii), Trust Agreement (Sierra Pacific Resources Capital Trust Ii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (GE Capital Trust I), Trust Agreement (Visteon Corp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust AgreementDeclaration of Trust.
Appears in 2 contracts
Samples: Declaration of Trust (Privatebancorp, Inc), Declaration of Trust (Privatebancorp, Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Debentures shall vest automatically in each Person who may thereafter only be appointed as Property Trustee in accordance with the terms hereof.
Appears in 2 contracts
Samples: Trust Agreement (Harleysville Group Inc), Trust Agreement (Rli Corp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Pennsylvania Power & Light Co /Pa)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee (in its capacity as such) for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (Sman Capital Trust 1)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (Montana Power Capital I), Trust Agreement (Montana Power Co /Mt/)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the xxxxx xx xxx Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (Aep Capital Trust Iii), Trust Agreement (American Electric Power Co Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration of Trust. Each Securityholder shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 2 contracts
Samples: Declaration of Trust (Boise Cascade Corp), Declaration of Trust (Boise Cascade Trust Iii)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) Trust and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (Providian Financial Corp), Trust Agreement (Pmi Group Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with and as limited by this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (State Street Capital Trust V), Trust Agreement (State Street Corp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. The right, title and interest of the Property Trustee to the Notes shall vest automatically in each Person who may thereafter only be appointed as Property Trustee in accordance with the terms hereof.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust ----------------------- Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration of Trust.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust ----------------------- Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (Rouse Company)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. Each Securityholder shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Distribution Trust, the U.K. Company, the ANZ Australian Affiliate and the Securityholders holders of the Common Securities in accordance with this Distribution Trust Agreement.
Appears in 1 contract
Samples: Distribution Trust Agreement (Def Exchangeable Preferred Trust)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. ARTICLE III PAYMENT ACCOUNT Section 3.01.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement. Each Securityholder shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.. PAYMENT ACCOUNT
Appears in 1 contract
Samples: Trust Agreement (AmerUs Capital V)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders Holders in accordance with this Trust AgreementDeclaration.
Appears in 1 contract
Samples: Declaration of Trust (Provident Companies Inc /De/)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.. 217
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders Holders in accordance with this Trust Agreement. The Holders shall be the sole beneficial owners of the Trust Property.
Appears in 1 contract
Samples: Trust Agreement (Teco Energy Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Declaration of Trust. The Holders of the Trust AgreementSecurities shall not have legal title to any part of the assets of the Trust, but shall have an undivided beneficial interest in the assets of the Trust.
Appears in 1 contract
Samples: Junior Subordinated Indenture (Republic New York Capital Iv)
Title to Trust Property. Legal Subject to the terms and provisions of the collateral agreement, legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) ), on behalf of the Issuer Trust, and shall be held and administered by the Property Trustee for the benefit of the Issuer Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Securityholders and the Securityholders Trust in accordance with this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (Cleveland Electric Financing Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement. The Holders shall not have legal title to any part of the Trust Property, but shall have an undivided beneficial interest in the Trust Property.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Success Capital and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee and the Holder of a majority of Common Securities determines in its discretion to be necessary or desirable for such purposes, as long as such action does not adversely affect in any material respect the benefit interests of the Trust and Holders of the Securityholders in accordance with this Trust AgreementCapital Securities.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust ------------------------ Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (SJG Capital Trust)
Title to Trust Property. Legal title to all Trust ----------------------- Property shall be vested at all times in the Issuer Trust and shall be held and administered by the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.. 21 15
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the axx xxxxx xx xxe Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.. 227
Appears in 1 contract
Samples: Trust Agreement (Sce&g Trust I)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Distribution Trust, the U.K. Company and the Securityholders Depositor in accordance with this Distribution Trust Agreement.
Appears in 1 contract
Samples: Distribution Trust Agreement (Nab Exchangeable Preferred Trust)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the xxx xxxxx xx xhe Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust Distribution Trust, the U.K. Company, the ANZ Australian Affiliate and the Securityholders Depositor in accordance with this Distribution Trust Agreement.
Appears in 1 contract
Samples: Distribution Trust Agreement (Anz Exchangeable Preferred Trust)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee in trust for the benefit of the Issuer Trust and the Securityholders Holders in accordance with this Trust Agreement.. 230
Appears in 1 contract
Samples: Trust Agreement (Scana Corp)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.. 4821-9020-5592, v. 11
Appears in 1 contract
Samples: Trust Agreement (Air T Inc)
Title to Trust Property. Legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust Agreement.
ARTICLE III PAYMENT ACCOUNT SECTION 301.
Appears in 1 contract
Title to Trust Property. Legal title to all Trust Property ----------------------- shall be vested at all times in the Property Trustee (in its capacity as such) and shall be held and administered by the Property Trustee for the benefit of the Trust and the Securityholders in accordance with this Trust AgreementDeclaration of Trust.
Appears in 1 contract
Title to Trust Property. Legal Subject to the terms and provisions of the Collateral Agreement, legal title to all Trust Property shall be vested at all times in the Property Trustee (in its capacity as such) ), on behalf of the Issuer Trust, and shall be held and administered by the Property Trustee for the benefit of the Issuer Trust and the Securityholders in accordance with and as limited by this Trust Agreement.
Appears in 1 contract
Samples: Trust Agreement (State Street Corp)
