Common use of COVENANTS AS TO THE TRUST Clause in Contracts

COVENANTS AS TO THE TRUST. For so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities of the Trust; provided, however, that any permitted successor of the Company under the Indenture may succeed to the Company's ownership of the Common Securities, (ii) use its reasonable efforts to cause the Trust (a) to remain a statutory business trust, except in connection with the distribution of Notes to the holders of Trust Securities in liquidation of the Trust, the redemption of all of the Trust Securities of the Trust, or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of the Trust, and (b) to otherwise continue to be classified as a grantor trust for United States federal income tax purposes.

COVENANTS AS TO THE TRUST. For so long as such Trust Securities remain outstanding, the Company will (i) shall maintain 100% direct or indirect ownership of the Common Securities of the TrustSecurities; provided, however, that any permitted successor of the Company under the this Indenture may succeed to the Company's ownership of such Common Securities. The Company, as owner of the Common Securities, (ii) shall use its commercially reasonable efforts to cause the Trust (a) to remain a statutory business trust, except in connection with the a distribution of Notes Debt Securities to the holders of Trust Securities in liquidation of the Trust, the redemption of all of the Trust Securities of the Trust, or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of the TrustDeclaration, and (b) to otherwise continue to be classified as a grantor trust for United States federal income tax purposespurposes and (c) to cause each holder of Trust Securities to be treated as owning an undivided beneficial interest in the Debt Securities.

COVENANTS AS TO THE TRUST. For so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities of the Trust; provided, however, that any permitted successor of the Company under the Indenture may succeed to the Company's ’s ownership of the Common Securities, (ii) use its reasonable efforts to cause the Trust (a) to remain a statutory business trust, except in connection with the distribution of Notes to the holders of Trust Securities in liquidation of the Trust, the redemption of all of the Trust Securities of the Trust, or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of the Trust, and (b) to otherwise continue to be classified as a grantor trust for United States federal income tax purposes.

COVENANTS AS TO THE TRUST. For so long as such Trust Securities remain outstanding, the Company will (i) maintain 100% direct or indirect ownership of the Common Securities of the Trust; provided, however, that any permitted successor of the Company under the Indenture may succeed to the Company's ownership of the Common Securities, Securities and (ii) use its reasonable efforts to cause the Trust (a) to remain a statutory business trust, except in connection with the distribution of Notes Subordinated Debt Securities to the holders of Trust Securities in liquidation of the Trust, the redemption of all of the Trust Securities of the Trust, or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of the Trust, and (b) to otherwise continue to be classified as a grantor trust for United States federal income tax purposes.

COVENANTS AS TO THE TRUST. For so long as such the Trust Securities of the Trust remain outstanding, the Company Guarantor will (i) directly or indirectly maintain 100% direct or indirect ownership of the Common Securities of the TrustSecurities; provided, however, that any permitted successor of the Company Guarantor under the Indenture may succeed to the CompanyGuarantor's ownership of the Common Securities, Securities and (ii) use its reasonable efforts to cause the Trust (a) to remain a statutory business trust, except in connection with the distribution of the Notes to the holders of Trust Securities in liquidation of the Trust, the redemption of all of the Trust Securities of the Trust, or certain mergers, consolidations or amalgamations, each as permitted by the Declaration of the TrustDeclaration, and (b) to otherwise continue to be classified as a grantor trust for United States federal income tax purposes.