Voting Rights - Capital Securities. (a) Except as provided under paragraphs 5(b) and 7 and as otherwise required by law and the Declaration, the Holders of the Capital Securities will have no voting rights. The Administrators are required to call a meeting of the Holders of the Capital Securities if directed to do so by Holders of at least 10% in liquidation amount of the Capital Securities.
Appears in 24 contracts
Samples: State National Bancshares, Inc., Coast Bancorp/Ca, First Community Bancorp /Ca/
Voting Rights - Capital Securities. (a) Except as provided under paragraphs Sections 5(b) and 7 and as otherwise required by law and the DeclarationTrust Agreement, the Holders of the Capital Securities will have no voting rights. The Administrators are required to call a meeting of the Holders of the Capital Securities if directed to do so by Holders of at least 10% in liquidation amount of the Capital Securities.
Appears in 8 contracts
Samples: Trust Agreement (Webster Capital Trust VII), Trust Agreement (Webster Capital Trust Vi), Trust Agreement (Webster Capital Trust Vi)
Voting Rights - Capital Securities. (a) Except as provided under paragraphs Sections 5(b) and 7 and as otherwise required by law and the Declaration, the Holders of the Capital Securities will have no voting rights. The Administrators are required to call a meeting of the Holders of the Capital Securities if directed to do so by Holders of at least 10% in liquidation amount of the Capital Securities.
Appears in 6 contracts
Samples: Exchange Agreement, Exchange Agreement (Citigroup Inc), Exchange Agreement (Citigroup Inc)
Voting Rights - Capital Securities. (a) Except as provided under paragraphs Sections 5(b), 6(b) and 7 and as otherwise required by law and the Declaration, the Holders of the Capital Securities will have no voting rights. The Administrators are required to call a meeting of the Holders of the Capital Securities if directed to do so by Holders of at least 10% in liquidation amount of the Capital Securities.
Appears in 2 contracts
Samples: Progress Capital Trust I, Ml Bancorp Inc
