Common use of Transfer of Securities Clause in Contracts

Transfer of Securities. (a) Securities may only be transferred, in whole or in part, in accordance with the terms and conditions set forth in this Trust Agreement and in the terms of the Securities. To the fullest extent permitted by law, any transfer or purported transfer of any Security not made in accordance with this Trust Agreement shall be null and void. (b) (i) Subject to this Article 7, Capital Securities shall be freely transferable.

Appears in 12 contracts

Samples: Trust Agreement (Merrill Lynch Capital Trust III), Trust Agreement (Us Bancorp \De\), Trust Agreement (Us Bancorp \De\)

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Transfer of Securities. (a) Securities may only be transferred, in whole or in part, in accordance with the terms and conditions set forth in this Trust Agreement and in the terms of the Securities. To the fullest extent permitted by law, any Any transfer or purported transfer of any Security not made in accordance with this Trust Agreement shall be null and void. (b) (i) Subject to this Article 7IX, Capital Preferred Securities shall be freely transferable. (c) The Depositor may not transfer the Common Securities.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Allstate Financing X)

Transfer of Securities. (a) Securities may only be transferred, in whole or in part, in accordance with the terms and conditions set forth in this Trust Agreement and in the terms of the Securities. To the fullest extent permitted by law, any Any transfer or purported transfer of any Security not made in accordance with this Trust Agreement shall be null and void. (b) (i) Subject to this Article 7IX, Capital Trust Preferred Securities shall may only be freely transferable.transferred, in whole or in part, in accordance with the terms and conditions set forth in this

Appears in 1 contract

Samples: Trust Agreement (Agl Capital Trust Ii)

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Transfer of Securities. (a) Securities may only be transferred, in whole or in part, in accordance with the terms and conditions set forth in this Trust Agreement and in the terms of the Securities. To the fullest extent permitted by law, any transfer or purported transfer transfer, sale or other disposition of any Security not made in accordance with this Trust Agreement shall be null and void. (b) (i) Subject to this Article 79, Capital Preferred Securities shall be freely transferable.

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

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