Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 92 contracts
Samples: Trust Agreement (Us Bancorp \De\), Trust Agreement (Bb&t Corp), Trust Agreement (Bb&t Corp)
Initial Ownership. Upon the formation creation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 57 contracts
Samples: Trust Agreement (Gainsco Inc), Trust Agreement (Mountain National Bancshares Inc), Trust Agreement (Auburn National Bancorporation Inc)
Initial Ownership. Upon the formation creation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 35 contracts
Samples: Trust Agreement (Keycorp /New/), Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Keycorp /New/)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant referred to in Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 17 contracts
Samples: Trust Agreement (Everest Re Group LTD), Trust Agreement (Everest Reinsurance Holdings Inc), Trust Agreement (Bank of New York Co Inc)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until Until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 8 contracts
Samples: Trust Agreement (Sun Capital Trust Ii), Trust Agreement (First Star Capital Trust), Trust Agreement (Provident Trust Ii)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until Until the issuance of the ----------------- Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 3 contracts
Samples: Trust Agreement (Allegiant Capital Trust Ii), Trust Agreement (Allegiant Bancorp Inc), Trust Agreement (Allegiant Capital Trust I)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 3 contracts
Samples: Trust Agreement (Colonial Capital Ii), Trust Agreement (Colonial Bancgroup Inc), Trust Agreement (Colonial Bancgroup Inc)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 2 contracts
Samples: Trust Agreement (Broad National Bancorporation), Trust Agreement (BNB Capital Trust)
Initial Ownership. Upon the formation creation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.. 233
Appears in 1 contract
Samples: Trust Agreement (Sce&g Trust I)
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until Until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 1 contract
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 Section_2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 1 contract
Initial Ownership. Upon the formation creation of the Issuer Trust and the contribution by the Depositor pursuant referred to in Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 1 contract
Initial Ownership. Upon the formation of the Issuer Trust and the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 1 contract
Initial Ownership. Upon the formation creation of the Issuer Trust and by the contribution by the Depositor pursuant to Section 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Issuer Trust.
Appears in 1 contract
Samples: Trust Agreement (American Safety Insurance Group LTD)
