Common use of Benefit Clause in Contracts

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 348 contracts

Sources: Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement (Allstate Financing X)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 70 contracts

Sources: Preferred Securities Guarantee Agreement (Prudential Financial Capital Trust Ii), Preferred Securities Guarantee Agreement (Prudential Financial Capital Trust Ii), Preferred Securities Guarantee Agreement (Prudential Financial Capital Trust Ii)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a3.01(a), is not separately transferable from the Preferred Securities.

Appears in 19 contracts

Sources: Preferred Securities Guarantee Agreement (Alterra Finance LLC), Preferred Securities Guarantee Agreement (Max USA Holdings Ltd.), Preferred Securities Guarantee Agreement (FBL Financial Group Inc)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a3.1 (a), is not separately transferable from the Preferred Securities.

Appears in 14 contracts

Sources: Preferred Securities Guarantee Agreement (Carolina Bank Holdings Inc), Preferred Securities Guarantee Agreement (BBC Capital Trust I), Preferred Securities Guarantee Agreement (Bankunited Capital Iii)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), and is not separately transferable from the Preferred Securities.

Appears in 10 contracts

Sources: Guarantee Agreement (Public Service Co of Colorado), Guarantee Agreement (Scottish Annuity & Life Holdings LTD), Guarantee Agreement (Nationwide Financial Services Inc/)

Benefit. This Preferred Securities Guarantee is solely for the ------- benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 4 contracts

Sources: Preferred Securities Guarantee Agreement (Abc Bancorp Capital Trust I), Preferred Securities Guarantee Agreement (Ctbi Preferred Capital Trust Ii), Preferred Securities Guarantee Agreement (Abc Bancorp Capital Trust I)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Sources: Guarantee Agreement (Franklin Capital Trust I), Preferred Securities Guarantee Agreement (American Annuity Group Capital Trust Ii)

Benefit. This Preferred Securities Guarantee is solely for ------- the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Sources: Preferred Securities Guarantee Agreement (Torchmark Corp), Preferred Securities Guarantee Agreement (Torchmark Corp)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section SECTION 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Sources: Preferred Securities Guarantee Agreement (Illinois Power Co), Preferred Securities Guarantee Agreement (Illinois Power Co)

Benefit. This Convertible Preferred Securities Guarantee is solely for the benefit of the Holders of the Convertible Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Convertible Preferred Securities.

Appears in 2 contracts

Sources: Convertible Preferred Securities Guarantee Agreement (Sun Healthcare Group Inc), Convertible Preferred Securities Guarantee Agreement (Sun Healthcare Group Inc)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not transferable separately transferable from the Preferred Securities.

Appears in 2 contracts

Sources: Preferred Securities Guarantee Agreement (Motorola Inc), Preferred Securities Guarantee Agreement (Kellogg Co)

Benefit. This Preferred Securities Guarantee Agreement is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a3.1.(a), is not separately transferable from the Preferred Securities.

Appears in 2 contracts

Sources: Preferred Securities Guarantee Agreement (Reliastar Financing Ii), Preferred Securities Guarantee Agreement (Reliastar Financing V)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (ServisFirst Bancshares, Inc.)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), and is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (FBL Financial Group Inc)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.. 15

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Conseco Financing Trust Vii)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Convertible Preferred Securities and, subject to Section 3.1(a3.01(a), is not separately transferable from the Convertible Preferred Securities.

Appears in 1 contract

Sources: Convertible Preferred Securities Guarantee Agreement (Titanium Metals Corp)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(aSECTION 3.1(A), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Southside Capital Trust I)

Benefit. This Preferred Securities Guarantee is solely for the benefit of each Indemnified Person and the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Laclede Capital Trust I)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a)) hereof, is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Feg Holdings Inc)

Benefit. This Preferred Securities Guarantee is solely for the benefit of each Indemnified Person and the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Laclede Capital Trust I)

Benefit. This Amended and Restated Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Capital Trust Inc)

Benefit. This Preferred Securities Guarantee is solely for ------- the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not transferable separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Motorola Inc)

Benefit. This Except as it applies to the Guarantee Trustee and any Indemnified Person, this Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Convertible Preferred Securities Guarantee Agreement (Bridge Bancorp Inc)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a3.01(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (Breed Technologies Inc)

Benefit. This Preferred Securities Additional Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Supplemental Preferred Securities Guarantee Agreement (Allstate Corp)

Benefit. This Preferred Securities Guarantee is solely for the benefit of the Holders of the Preferred Securities and, subject to Section 3.1(a2.1(a), is not separately transferable from the Preferred Securities.

Appears in 1 contract

Sources: Preferred Securities Guarantee Agreement (First United Corp/Md/)