Common use of Global Capital Securities Clause in Contracts

Global Capital Securities. (a) The Global Capital Security issued under this Trust Agreement shall be registered in the name of Cede & Co., as the nominee of the Clearing Agency and delivered to such custodian therefor, and such Global Capital Security shall constitute a single Capital Security for all purposes of this Trust Agreement, and it shall initially bear a Restricted Capital Securities Legend.

Appears in 9 contracts

Samples: Trust Agreement (Auburn National Bancorporation Inc), Trust Agreement (Crescent Banking Co), Trust Agreement (CCF Holding Co)

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Global Capital Securities. (a) The Global Capital Security Securities Certificates issued under this Trust Agreement shall be registered in the name of Cede & Co.Cede, as the nominee of the Clearing Agency and delivered to such custodian therefor, and such Global Capital Security Securities Certificate shall constitute a single Capital Security for all purposes of this Trust Agreement, and it shall initially bear a Restricted Capital Securities Legend.

Appears in 3 contracts

Samples: Trust Agreement (Gainsco Inc), Trust Agreement (Gainsco Inc), Trust Agreement (Assuranceamerica Corp)

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Global Capital Securities. (a) The Global Capital Security issued under this Trust Agreement shall be registered in the name of Cede & Co.Cede, as the nominee of the Clearing Agency and delivered to such custodian therefor, and such Global Capital Security shall constitute a single Capital Security for all purposes of this Trust Agreement, and it shall initially bear a Restricted Capital Securities Legend.

Appears in 1 contract

Samples: Trust Agreement (CCF Holding Co)

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