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 5 contracts

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

AutoNDA by SimpleDocs

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 (Reliance Capital Trust I), Indenture (Haven Bancorp Inc), Indenture (Telebanc Capital Trust I)

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 (Mercantile Capital Trust I), Indenture (Mercantile Bancorporation Inc), Indenture (Leucadia Capital Trust I)

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 4 contracts

Samples: Indenture (Tib Financial Corp.), Employment Agreement (Columbia Bancorp \Or\), 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 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 (Union Planters Corp), Indenture (Marshall & Ilsley Corp/Wi/), Indenture (Pxre Corp)

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 or her 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 or her 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 3 contracts

Samples: Indenture (BFD Preferred Capital Trust Ii), Indenture (Interwest Bancorp Inc), Indenture (New York Community Bancorp Inc)

Who Are Deemed Absolute Owners. Prior to due presentment ------------------------------ for registration of transfer of The Company, any Debenture, other obligor on the CompanySecurities, the Trustee, any Authenticating Agentauthenticating agent, any paying agent, any transfer conversion agent and any Debenture Security registrar may deem the Person person in whose name such Debenture Security shall be registered upon the Debenture Register Security register to be, and may treat him as, the absolute owner of such Debenture Security (whether or not such Debenture Security 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 Security, for conversion of such Security and for all other purposes; purposes and neither the Company nor any other obligor on the Securities nor the Trustee nor any Authenticating Agent nor any paying agent nor any transfer conversion agent nor any Debenture authenticating agent nor any Security 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 DebentureSecurity.

Appears in 2 contracts

Samples: Securities Purchase Agreement (System Software Associates Inc), Indenture (System Software Associates 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, 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: Indenture (Hf Financial 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 Security registrar 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 anyany Redemption Price, Purchase Price and Change in Control Purchase Price 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 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 (Xerox Corp)

AutoNDA by SimpleDocs

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 registrar 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 registrar Debt Security Registrar shall be affected by any notice to the contrary. All such payments so made to any holder Securityholder for the time being or upon his such Securityholder’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: Indenture (Flagstar Bancorp Inc)

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 registrar 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 or her 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, premium, if any, of and (subject to Section 2.8) 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 registrar 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 or her 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 1 contract

Samples: Indenture (Valley National Bancorp)

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 or her 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 2.05) 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 or her 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 1 contract

Samples: Indenture (Nara Bancorp Inc)

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, 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 (Webster Capital Trust Ii)

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!