Examples of ICON Issuer in a sentence
Distributions are payable only to the extent that payments are made by the ICON Issuer in respect of the ICONs held by the Property Trustee and to the extent that the Trust has funds available for the payment of such Distributions in the Property Account.
The Paying Agent shall be permitted to resign as Paying Agent upon 30 days’ written notice to the Property Trustee and the ICON Issuer.
On the Closing Date, the ICON Issuer will receive all of the Common Securities issued by the Trust and on the same date shall invest the gross proceeds thereof in the ICONs to be issued to the Trust by the ICON Issuer.
In the event The Bank of New York shall no longer be the Paying Agent, the Administrative Trustees shall appoint a successor (which shall be a bank or trust company acceptable to the ICON Issuer) to act as Paying Agent.
The termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the ICON Issuer Indemnified Person did not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Trust, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful.
On the Closing Date, the ICON Issuer will receive all of the Common Securities issued by the Trust on the same date in exchange for ICONs issued to the Trust by the ICON Issuer.
In the event U.S. Bank National Association shall no longer be the Paying Agent, the Administrative Trustees shall appoint a successor (which shall be a bank or trust company acceptable to the ICON Issuer) to act as Paying Agent.
XXXXXXX XXXXX & CO., INC., as Sponsor, as Common Securities Holder and as ICON Issuer By: /s/ Xxxx X.
U.S. BANCORP, as Sponsor, as Common Securities Holder and as ICON Issuer By: /s/ Kxxxxxx X.
XXXXXXX XXXXX & CO., INC., as Sponsor, as Common Securities Holder and as ICON Issuer By: Name: Title: THE BANK OF NEW YORK, as Property Trustee By: Name: Title: THE BANK OF NEW YORK (DELAWARE), as Delaware Trustee By: Name: Title: Xxxxx X.