Common use of Issuance of the Trust Preferred Securities Clause in Contracts

Issuance of the Trust Preferred Securities. Contemporaneously with the execution and delivery of this Trust Agreement, the Administrative Trustees, on behalf of the Trust, shall execute and deliver to the underwriters named in the Underwriting Agreement Trust Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of Trust Preferred Securities having an aggregate Liquidation Amount of $_________ (the "Trust Preferred Securities") against receipt of the aggregate purchase price of such Trust Preferred Securities of $__________, which amount the Administrative Trustees shall promptly deliver to the Property Trustee.