Common use of Issuance of the Capital Securities Clause in Contracts

Issuance of the Capital Securities. On July 21, 1998, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial Purchaser, Capital Securities Certificates, registered in the names requested by the Initial Purchaser, in an aggregate amount of 30,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (BSB Capital Trust I)

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Issuance of the Capital Securities. On July 21November 19, 1998, 1996 the Depositor, both on its own behalf and on behalf of the Issuer Trust and pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an AdministratorAdministrative Agent, on behalf of the Issuer Trust, shall execute in accordance with Section 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 5.2 and deliver to the Initial Purchaser, Purchasers named in the Purchase Agreement Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency and in the names requested by the Initial Purchaserof certain institutional accredited investors, if any, in an aggregate amount number of 30,000 300,000 Private Capital Securities having an aggregate Liquidation Amount of $30,000,000300,000,000, against receipt of the such aggregate purchase price of such Private Capital Securities of $30,000,000300,741,583.33, by which amount the Administrative Agent shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (First Bank System Inc)

Issuance of the Capital Securities. On July 21March 4, 19981997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section Sections 5.3 and 8.9(a) and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserPurchasers, Capital Securities Certificates, registered in the names requested by the Initial PurchaserPurchasers, in evidencing an aggregate amount of 30,000 300,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000300,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000, 300,000,000 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (State Street Boston Corp)

Issuance of the Capital Securities. On July 21December 13, 19981996, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrator, on behalf of the Issuer Trust, shall manually execute in accordance with Section Sections 5.3 and 8.9(a) and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserPurchasers, Capital Securities Certificates, registered in the names requested by the Initial PurchaserPurchasers, in evidencing an aggregate amount of 30,000 200,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000200,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000, 200,000,000 by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (State Street Boston Corp)

Issuance of the Capital Securities. On July 21As of January 24, 19981997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an AdministratorAdministrative Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.2 and 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserPurchasers, Capital Securities Certificates, registered in the names requested by the Initial PurchaserPurchasers, in evidencing an aggregate amount of 30,000 70,000 Capital Securities having an aggregate Liquidation Amount of $30,000,00070,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,00070,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Colonial Bancgroup Inc)

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Issuance of the Capital Securities. On July 21March 13, 19981997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an AdministratorAdministrative Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section Sections 5.2, 5.3 and 8.9(a) and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserUnderwriters, Capital Securities Certificates, registered in the names requested by the Initial PurchaserUnderwriters, in evidencing an aggregate amount of 30,000 200,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000200,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000200,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Fifth Third Bancorp)

Issuance of the Capital Securities. On July 21January 31, 19981997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an AdministratorAdministrative Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section Sections 5.2, 5.3 and 8.9(a) and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserUnderwriters, Capital Securities Certificates, registered in the names requested by the Initial PurchaserUnderwriters, in evidencing an aggregate amount of 30,000 150,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000150,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000150,000,000, by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Banponce Corp)

Issuance of the Capital Securities. On July 21As of May 29, 19981997, the Depositor, both on its own behalf and on behalf of the Issuer Trust pursuant to the Original Trust Agreement, executed and delivered the Purchase Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an AdministratorAdministrative Trustee, on behalf of the Issuer Trust, shall manually execute in accordance with Section 5.2 and 5.3 and the Property Trustee shall authenticate in accordance with Section 5.3 and deliver to the Initial PurchaserPurchasers, Capital Securities Certificates, registered in the names requested by the Initial PurchaserPurchasers, in evidencing an aggregate amount of 30,000 100,000 Capital Securities having an aggregate Liquidation Amount of $30,000,000100,000,000, against receipt of the aggregate purchase price of such Capital Securities of $30,000,000100,000,000 (plus accrued Distributions, if any) by the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Centura Banks Inc)

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