RecitalsReplacement Capital Covenant • March 30th, 2007 • PNC Financial Services Group Inc • National commercial banks
Distributions, may (if the Corporation elects to so provide in the terms of such securities) permit the Corporation to use such proceeds for other purposes and to continue to defer Distributions without a breach of its obligations under the transaction documents; and
ContractExchange Agreement • March 30th, 2007 • PNC Financial Services Group Inc • National commercial banks • New York
This EXCHANGE AGREEMENT, dated as of March 29, 2007 (this “Agreement”), between PNC PREFERRED FUNDING TRUST II, a Delaware statutory trust (together with its successors and assigns “PNC Delaware”), and The PNC Financial Services Group, Inc., a Pennsylvania corporation (together with its successors and assigns “PNC”), and PNC Bank, National Association, a national banking association (together with its successors and assigns “PNC Bank”).
