Common use of Global Capital Securities Clause in Contracts

Global Capital Securities. (a) The Global Capital Securities issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and delivered to the Property Trustee as custodian for the Clearing Agency.

Appears in 5 contracts

Samples: Trust Agreement (Fidbank Capital Trust I), Trust Agreement (Fidbank Capital Trust I), Trust Agreement (MBNK Capital Trust I)

AutoNDA by SimpleDocs

Global Capital Securities. (a) The Global Capital Securities issued under this Trust Agreement shall be registered in the name of the nominee of the Clearing Agency and delivered to the Property Trustee as custodian therefor, and such Global Capital Security shall constitute a single Capital Security for the Clearing Agencyall purposes of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (City Holding Capital Trust Ii)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.