Common use of Appointment of Successor Depositary Clause in Contracts

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Units, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 54 contracts

Samples: Purchase Contract and Pledge Agreement (PPL Corp), Purchase Contract and Pledge Agreement (Great Plains Energy Inc), Purchase Contract Agreement (Supervalu Inc)

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Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsUnits or Purchase Contracts, the Company may, in its sole discretion, appoint a successor Depositary with respect to such Units or such Purchase Contracts, as the Unitscase may be.

Appears in 31 contracts

Samples: Purchase Contract Agreement (GFL Environmental Holdings Inc.), Purchase Contract Agreement (Banc of California, Inc.), Purchase Contract Agreement (Hovnanian Enterprises Inc)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsSecurities, the Company may, in its sole discretion, appoint a successor Depositary with respect to the UnitsSecurities.

Appears in 24 contracts

Samples: Purchase Contract Agreement (Pp&l Capital Funding Inc), Purchase Contract Agreement (Widepoint Corp), Purchase Contract Agreement (Cinergy Corp)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsSecurities, the Company may, in its sole discretion, appoint a successor Clearing Agency to act as Depositary with respect to the UnitsSecurities.

Appears in 6 contracts

Samples: Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Capital Funding Inc), Purchase Contract Agreement (PPL Energy Supply LLC)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsUnits or Separate Purchase Contracts, the Company may, in its sole discretion, appoint a successor Depositary with respect to such Units or such Separate Purchase Contracts, as the Unitscase may be.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Dynegy Inc.), Purchase Contract Agreement (McDermott International Inc), Purchase Contract Agreement (Forestar Group Inc.)

Appointment of Successor Depositary. If the any Depositary elects to discontinue its services as securities depositary with respect to the UnitsPIES or ceases to be eligible as a "depositary" under the Exchange Act, the Company may, in its sole discretion, appoint a successor Depositary with respect to the UnitsPIES.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Sierra Pacific Resources /Nv/), Purchase Contract Agreement (Sierra Pacific Resources), Purchase Contract Agreement (Sierra Pacific Resources /Nv/)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Common Equity Units, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Common Equity Units.

Appears in 3 contracts

Samples: Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Metlife Inc)

Appointment of Successor Depositary. If the any Depositary elects to discontinue its services as securities depositary with respect to the UnitsUnits or ceases to be eligible as a "depositary" under the Exchange Act, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Ohio Casualty Corp), Purchase Contract Agreement (Dqe Capital Corp), Purchase Contract Agreement (Endurance Specialty Holdings LTD)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Equity Units, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Equity Units.

Appears in 2 contracts

Samples: Purchase Contract Agreement (American International Group Inc), Purchase Contract Agreement (American International Group Inc)

Appointment of Successor Depositary. If the any Depositary elects to discontinue its services as securities depositary with respect to the UnitsUnits or ceases to be eligible as a “depositary” under the Exchange Act, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Amerigroup Corp)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the HiMEDS Units, the Company may, in its sole discretion, appoint a successor Depositary with respect to the HiMEDS Units.

Appears in 2 contracts

Samples: Purchase Contract and Pledge Agreement (Avery Dennison Corporation), Purchase Contract and Pledge Agreement (Bankunited Financial Corp)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsPurchase Contracts, the Company may, in its sole discretion, appoint a successor Depositary with respect to the UnitsPurchase Contracts.

Appears in 1 contract

Samples: Purchase Contract Agreement (Phoenix Companies Inc/De)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Units, the Company Issuer may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 1 contract

Samples: Purchase Contract Agreement (TPG Nv)

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Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsSecurities, the Company Co-Issuers may, in its their sole discretion, appoint a successor Depositary with respect to the UnitsSecurities.

Appears in 1 contract

Samples: Forward Purchase Contract Agreement (Provident Financial Group Inc)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsCommon SPACES, the Company may, in its sole discretion, appoint a successor Depositary with respect to the UnitsCommon SPACES.

Appears in 1 contract

Samples: Stock Purchase Contract Agreement (Marshall & Ilsley Corp/Wi/)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Units, the Company Issuers may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 1 contract

Samples: Purchase Contract Agreement (Aegon Nv)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitstMEDS or Purchase Contracts, the Company may, in its sole discretion, appoint a successor Depositary with respect to such tMEDS or such Purchase Contracts, as the Unitscase may be.

Appears in 1 contract

Samples: Purchase Contract Agreement (Thompson Creek Metals CO Inc.)

Appointment of Successor Depositary. If the any Depositary elects to discontinue its services as securities depositary Depositary with respect to the Units, the Company may, in its sole discretion, appoint a successor Depositary with respect to the Units.

Appears in 1 contract

Samples: Squarz Agreement (Berkshire Hathaway Inc)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the UnitsUnits or any Purchase Contracts and Senior Notes that are components thereof, the Company may, in its sole discretion, appoint a successor Depositary with respect to the UnitsUnits or any Purchase Contracts and Senior Notes that are components thereof.

Appears in 1 contract

Samples: Purchase Contract Agreement (Ambac Financial Group Inc)

Appointment of Successor Depositary. If the Depositary elects to discontinue its services as securities depositary with respect to the Units, the Company and the Note Issuer may, in its their sole discretion, appoint a successor Depositary with respect to the such Units.

Appears in 1 contract

Samples: Units Agreement (Hovnanian Enterprises Inc)

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