Warranty as to Series K Preferred Stock. The Corporation hereby represents and warrants that the Series K Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of the Series K Preferred Stock and the issuance of the related Receipts.
Appears in 2 contracts
Samples: Deposit Agreement (Us Bancorp \De\), Deposit Agreement (PNC Financial Services Group Inc)
Warranty as to Series K Preferred Stock. The Corporation Company hereby represents and warrants to the Depositary that the Series K Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessable. Such representation and warranty shall survive the deposit of the shares of Series K Preferred Stock and the issuance of the related Receipts.
Appears in 2 contracts
Samples: Deposit Agreement (Washington Mutual Inc), Deposit Agreement (Washington Mutual Inc)
Warranty as to Series K Preferred Stock. The Corporation hereby represents and warrants that the Series K Preferred Stock, when issued, will be duly authorized, validly issued, fully paid and nonassessablenonassessable (subject to 12 U.S.C. § 55). Such representation and warranty shall survive the deposit of the Series K Preferred Stock and the issuance of the related Receipts.
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