EXCHANGE OF CAPITAL SECURITIES FOR DEBT SECURITIES. SECTION 1401. Applicability of Article. If an Officers' Certificate or supplemental indenture pursuant to Section 301 provides for the exchange of Capital Securities for Debt Securities of any series at the election of the Company or otherwise, Debt Securities of such series shall be exchanged for Capital Securities in accordance with their terms and (except as otherwise specified in such Officers' Certificate or supplemental indenture) in accordance with this Article.
Appears in 7 contracts
Samples: Indenture (Indymac Capital Trust I), Indenture (Sovereign Capital Trust Iv), Indenture (Indymac Capital Trust I)
EXCHANGE OF CAPITAL SECURITIES FOR DEBT SECURITIES. SECTION Section 1401. Applicability of Article. If an Officers' Certificate or supplemental indenture pursuant to Section 301 provides for the exchange of Capital Securities for Debt Securities of any series at the election of the Company or otherwise, Debt Securities of such series shall be exchanged for Capital Securities in accordance with their terms and (except as otherwise specified in such Officers' Certificate or supplemental indenture) in accordance with this Article.
Appears in 2 contracts
Samples: Indenture (Wells Fargo Capital Iv), Indenture (Popular Inc)
EXCHANGE OF CAPITAL SECURITIES FOR DEBT SECURITIES. SECTION 1401Section 14.1. Applicability of Article. Article If an Officers' Certificate or supplemental indenture pursuant to Section 301 3.1 provides for the exchange of Capital Securities for Debt Securities of any series at the election of the Company or otherwise, Debt Securities of such series shall be exchanged for Capital Securities in accordance with their terms and (except as otherwise specified in such Officers' Certificate or supplemental indenture) in accordance with this Article.
Appears in 1 contract
