ICON Issuer definition

ICON Issuer means U.S. Bancorp, or any successor thereto under the Indenture, in its capacity as issuer of the ICONs under the Indenture.
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ICON Issuer means ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., Inc., or any successor thereto under the Indenture, in its capacity as issuer of the ICONs under the Indenture.
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ICON Issuer means National City Corporation, or any successor thereto under the Indenture, in its capacity as issuer of the ICONs, under the Indenture.
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Examples of ICON Issuer in a sentence

  • The Paying Agent shall be permitted to resign as Paying Agent upon 30 days’ written notice to the Property Trustee and the ICON Issuer.

  • All rights to indemnification under this Section 9.4 shall be deemed to be provided by a contract between the ICON Issuer and each ICON Issuer Indemnified Person who serves in such capacity at any time while this Section 9.4 is in effect.

  • 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.

  • 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.

  • 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.

  • Notwithstanding anything to the contrary in this Trust Agreement or the Indenture, the ICON Issuer shall have the right to set-off any payment it is otherwise required to make under the Indenture in respect of any Capital Security to the extent the ICON Issuer has heretofore made, or is currently on the date of such payment making, a payment under the Guarantee relating to such Capital Security or under Section 5.8 of the Indenture.

  • 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.

  • U.S. BANCORP, as Sponsor, as Common Securities Holder and as ICON Issuer By: /s/ K▇▇▇▇▇▇ ▇.


More Definitions of ICON Issuer

ICON Issuer means Merrill Lynch & Co., Inc., or any successor thereto under the Indenture, in its capacity as issuer of the ICONs under the Indenture.
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Related to ICON Issuer

  • NIM Issuer The entity established as the issuer of the NIM Securities.

  • Co-Issuer means the Person named as the “Co-Issuer” in the first paragraph of this Indenture, until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Co-Issuer” shall mean such successor Person.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Issuer has the meaning set forth in the preamble hereto.

  • venture issuer means a reporting issuer that, as at the applicable time, did not have any of its securities listed or quoted on any of the Toronto Stock Exchange, a U.S. marketplace, or a marketplace outside of Canada and the United States of America other than the Alternative Investment Market of the London Stock Exchange or the PLUS markets operated by PLUS Markets Group plc; where the “applicable time” in respect of