Common use of Who Are Deemed Absolute Owners Clause in Contracts

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 61 contracts

Samples: Indenture (ACA Capital Holdings Inc), Indenture (Southern Heritage Bancorp Inc), Indenture (James River Group, INC)

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Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture Debt Security registrar may deem the Person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.05) interest on such Debenture Debt Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture Debt Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 5 contracts

Samples: Indenture (Summit Capital Trust I), Indenture (National Commerce Capital Trust I), Indenture (Mercantile Capital Trust I)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureSecurity, the CompanyCorporation, the Debenture Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture security registrar for the Securities may deem the Person person in whose name such Debenture Security shall be registered upon the Debenture Security Register to be, and may treat him as, the absolute owner of such Debenture Security (whether or not such Debenture Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, of and premium, if any, and (subject to Section 2.06) interest on such Debenture Security and for all other purposes; and neither the Company Corporation nor the Debenture Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture security registrar for the Securities shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureSecurity.

Appears in 5 contracts

Samples: Indenture (Telebanc Capital Trust I), Indenture (Banknorth Capital Trust I), Indenture (Haven Bancorp Inc)

Who Are Deemed Absolute Owners. Prior to due presentment for ------------------------------ registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 4 contracts

Samples: Indenture (Gateway Bancshares Inc /Ga/), Indenture (New South Bancshares Inc), Indenture (Intervest Bancshares Corp)

Who Are Deemed Absolute Owners. Prior to due presentment ------------------------------ for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 4 contracts

Samples: Indenture (First Banks, Inc), Indenture (Prosperity Bancshares Inc), Indenture (First Banks, Inc)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agentPaying Agent, any transfer agent and any Debenture Debt Security registrar may deem the Person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him such Person as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture Debt Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent Paying Agent nor any transfer agent nor any Debenture Debt Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his such holder's order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 3 contracts

Samples: Indenture (Tib Financial Corp.), Indenture (Service 1st Bancorp), Indenture (QCR Holdings Inc)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture Debt Security registrar may deem the Person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture Debt Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture Debt Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 3 contracts

Samples: Indenture (Community Bancshares Inc /De/), Indenture (Home Bancshares Inc), Indenture (First Community Bancorp /Ca/)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture Security registrar may deem the Person person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.05) interest on such Debenture Debt Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 3 contracts

Samples: Indenture (Marshall & Ilsley Corp/Wi/), Indenture (Union Planters Corp), Indenture (Pxre Corp)

Who Are Deemed Absolute Owners. Prior to due presentment for ------------------------------- registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 3 contracts

Samples: Indenture (Intervest Bancshares Corp), Indenture (Florida Banks Inc), Indenture (Florida Banks Inc)

Who Are Deemed Absolute Owners. Prior to due ----------------------------------- presentment for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 2 contracts

Samples: Indenture (First Banks, Inc), Indenture (Intervest Bancshares Corp)

Who Are Deemed Absolute Owners. Prior Section 3.8 of the Base Indenture shall be superseded in its entirety by this Section 6.03 with respect to due presentment for registration of transfer of any Debenture, the Notes. The Company, the Trustee, any Authenticating authenticating agent, any Paying Agent, any paying agent, any transfer agent Conversion Agent and any Debenture registrar may Registrar shall deem the Person in whose name such Debenture a Note shall be registered upon the Debenture Note Register to be, and may shall treat him it as, the absolute owner of such Debenture Note (whether or not such Debenture Note shall be overdueoverdue and notwithstanding any notation of ownership or other writing thereon made by any Person other than the Company or any Registrar) for the purpose of receiving payment of or on account of the principal of, premium, if any, of and (subject to Section 2.04) accrued and unpaid interest on such Debenture Note, for conversion of such Note and for all other purposes; and neither the Company nor the Trustee nor any Authenticating authenticating agent nor any Paying Agent nor any paying agent Conversion Agent nor any transfer agent nor any Debenture registrar Registrar shall be affected by any notice to the contrary. All such payments or deliveries so made to any holder Holder for the time being being, or upon his order its order, shall be valid, and, to the extent of the sum sums or sums shares of Common Stock so paidpaid or delivered, effectual to satisfy and discharge the liability for moneys monies payable or shares deliverable upon any such DebentureNote.

Appears in 2 contracts

Samples: Insmed Incorporated (INSMED Inc), Insmed Incorporated (INSMED Inc)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any Debenture, the The Company, the Trustee, any Authenticating Agent, any paying agent, any transfer conversion agent and any Debenture registrar may deem the Person person in whose name such Debenture shall be registered upon the Debenture Register boobs of the Company to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdueoverdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of, of and premium, if any, and interest on such Debenture, for conversion of such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent Trusty nor any paying agent nor any transfer conversion agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being being, or upon his order order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys monies payable upon any such Debenture.

Appears in 1 contract

Samples: Schuler Holdings Inc

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture Debt Security registrar may deem the Person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, :premium, if any, and interest on such Debenture Debt Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture Debt Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 1 contract

Samples: Tib Financial Corp.

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Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any Debenture, the The Company, the Trustee, any Authenticating Agent, any ------------------------------ paying agent, any transfer conversion agent and any Debenture registrar may deem the Person person in whose name such Debenture shall be registered upon the Debenture Register register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdueoverdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture, for conversion of such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer conversion agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being being, or upon his order order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys monies payable upon any such Debenture.

Appears in 1 contract

Samples: Sequus Pharmaceuticals Inc

Who Are Deemed Absolute Owners. Prior to due presentment ------------------------------ for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture. SECTION 7.4.

Appears in 1 contract

Samples: Indenture (Intervest Bancshares Corp)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureSecurity, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar Security Registrar may deem the Person in whose name such Debenture Security shall be registered upon the Debenture Security Register to be, and may treat him as, the absolute owner of such Debenture Security (whether or not such Debenture Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, of and premium, if any, and the Applicable Put Price with respect to and (subject to Section 2.06) interest on such Debenture Security and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar Security Registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureSecurity.

Appears in 1 contract

Samples: Indenture (Life Re Capital Trust Ii)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any DebentureDebt Security, the Company, the Trustee, any Authenticating Agent, any paying agentPaying Agent, any transfer agent and any Debenture Debt Security registrar may deem the Person in whose name such Debenture Debt Security shall be registered upon the Debenture Debt Security Register to be, and may treat him such Person as, the absolute owner of such Debenture Debt Security (whether or not such Debenture Debt Security shall be overdue) for the purpose of receiving payment of or on account of the principal of, of and premium, if any, and interest on such Debenture Debt Security and for all other purposes; and neither none of the Company nor Company, the Trustee nor Trustee, any Authenticating Agent nor Agent, any paying agent nor Paying Agent, any transfer agent nor or any Debenture Debt Security registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his such holder's order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such DebentureDebt Security.

Appears in 1 contract

Samples: Hf Financial Corp

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any Debenture, the The Company, the Trustee, any Authenticating Agent, any paying agent, any transfer conversion agent and any Debenture registrar may deem the Person person in whose name such Debenture shall be registered upon the Debenture Register books of the Company to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdueoverdue and notwithstanding any notation of ownership or other writing thereon) for the purpose of receiving payment of or on account of the principal of, of and premium, if any, and interest on such Debenture, for conversion of such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer conversion agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being being, or upon his order order, shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys monies payable upon any such Debenture.

Appears in 1 contract

Samples: Indenture (Silicon Graphics Inc /Ca/)

Who Are Deemed Absolute Owners. Prior to due presentment ------------------------------- for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys payable upon any such Debenture.

Appears in 1 contract

Samples: Indenture (Parke Bancorp, Inc.)

Who Are Deemed Absolute Owners. Prior to due presentment for registration of transfer of any Debenture, the Company, the Trustee, any Authenticating Agent, any paying agent, any transfer agent and any Debenture registrar may deem the Person in whose name such Debenture shall be registered upon the Debenture Register to be, and may treat him as, the absolute owner of such Debenture (whether or not such Debenture shall be overdue) for the purpose of receiving payment of or on account of the principal of, premium, if any, and interest on such Debenture and for all other purposes; and neither the Company nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer agent nor any Debenture registrar shall be affected by any notice to the contrary. All such payments so made to any holder for the time being or upon his order shall be valid, and, to the extent of the sum or sums so paid, effectual to satisfy and discharge the liability for moneys monies payable upon any such Debenture.

Appears in 1 contract

Samples: Indenture (QCR Holdings Inc)

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