Under the Delaware Statutory Trust Act and the Amended and Restated Trust Agreement Sample Clauses
Under the Delaware Statutory Trust Act and the Amended and Restated Trust Agreement the issuance by the Trust of the Preferred Securities is not subject to any preemptive or other similar rights to subscribe for any additional securities.
Under the Delaware Statutory Trust Act and the Amended and Restated Trust Agreement the execution and delivery by the Trust of the Placement Agreement, the Subscription Agreement, the Common Securities Subscription Agreement and the Junior Subordinated Note Subscription Agreement, and the performance by the Trust of its obligations thereunder, have been duly authorized by all necessary trust action on the part of the Trust.