Execution and Delivery of Trust Securities Certificates. At the Closing Date, and on the date, if any, on which the Underwriters exercise their option to purchase additional Capital Securities pursuant to the terms of the Underwriting Agreement, as applicable, at least one of the Administrators shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.4 and 2.5, to be executed on behalf of the Issuer Trust by manual or facsimile signature. The Capital Securities so executed shall be delivered to the Property Trustee and upon such delivery the Property Trustee shall manually authenticate upon the written order of the Depositor such Capital Securities Certificates and deliver such Capital Securities Certificates upon the written order of the Depositor, executed by an authorized officer thereof, without further corporate action by the Depositor, in authorized denominations.
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Samples: Trust Agreement (Morgan Stanley), Agreement (Morgan Stanley), Trust Agreement (Morgan Stanley)
Execution and Delivery of Trust Securities Certificates. At the Closing Date, and on the date, if any, on which the Underwriters exercise their option to purchase additional Capital Securities pursuant to the terms of the Underwriting Agreement, as applicable, at least one of the Administrators shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.4 and 2.5, to be executed on behalf of the Issuer Trust by manual or facsimile signature. The Capital Securities so executed shall be delivered to the Property Trustee and upon such delivery the Property Trustee shall manually authenticate upon the written order of the Depositor Sponsor such Capital Securities Certificates and deliver such Capital Securities Certificates upon the written order of the DepositorSponsor, executed by an authorized officer thereof, without further corporate action by the DepositorSponsor, in authorized denominations.
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Samples: Agreement (Pxre Capital Trust Iv)
Execution and Delivery of Trust Securities Certificates. At the Closing Date, and on the date, if any, on which the Underwriters exercise their option to purchase additional Capital Securities pursuant to the terms of the Underwriting Agreement, as applicable, at least one of the Administrators shall cause Trust Securities Certificates, in an aggregate Liquidation Amount as provided in Sections 2.4 and 2.5, to be executed on behalf of the Issuer Trust by manual or facsimile signature. The Capital Securities so executed shall be signature and delivered to the Property Trustee and upon such delivery the Property Trustee shall manually authenticate upon the written order of the Depositor such Capital Trust Securities Certificates and deliver such Capital Trust Securities Certificates upon the written order of the Depositor, executed by an two authorized officer officers thereof, without further corporate action by the Depositor, in authorized denominations.
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