Common use of Issuance of the Capital Securities Clause in Contracts

Issuance of the Capital Securities. As of November 25, 1996, the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of _00,000 Capital Securities having an aggregate Liquidation Amount of $_00,000,000, against receipt of an aggregate purchase price plus accrued distributions from January _, 1997 of such Capital Securities of $___,___,___ which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Chase Capital Iii), Trust Agreement (Chase Capital Iii)

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Issuance of the Capital Securities. As of November 25January 16, 19961997, the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of _00,000 500,000 Capital Securities having an aggregate Liquidation Amount of $_00,000,000500,000,000, against receipt of an aggregate purchase price plus accrued distributions from January _24, 1997 1997, if any, of such Capital Securities of $___,___,___ 494,140,000 which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Chase Manhattan Corp /De/), Trust Agreement (J P Morgan Chase & Co)

Issuance of the Capital Securities. As of November 25January 16, 19961997, the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of _00,000 280,000 Capital Securities having an aggregate Liquidation Amount of $_00,000,000280,000,000, against receipt of an aggregate purchase price plus accrued distributions from January _, 1997 of such Capital Securities of $___,___,___ 276,785,600, which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mbna Corp)

Issuance of the Capital Securities. As of November 25December 11, 1996, the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of _00,000 250,000 Capital Securities having an aggregate Liquidation Amount of $_00,000,000250,000,000, against receipt of an aggregate purchase price plus accrued distributions from January _, 1997 of such Capital Securities of $___,___,___ 250,000,000, which amount such Administrative Trustee shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mbna Corp)

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Issuance of the Capital Securities. As of November 25On January 7, 1996, 1997 the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trusteeat least one Administrator, on behalf of the Trust, shall execute in accordance with Section 5.2 5.02 and deliver to the Underwriters named in the Underwriting Agreement therein Capital Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of _00,000 100,000 Capital Securities having an aggregate Liquidation Amount of $_00,000,000100,000,000, against receipt of an the aggregate purchase price plus accrued distributions from January _, 1997 of such Capital Securities of $___,___,___ 100,000,000, which amount such Administrative Trustee the Administrators shall promptly deliver to the Property Trustee.

Appears in 1 contract

Samples: Trust Agreement (Usf&g Corp)

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