Issuance of Trust Preferred Securities. (a) The Trustee having received on behalf of the Trust one or more Company Preferred Securities Certificates representing Company Preferred Securities with an aggregate liquidation preference of $- and having acknowledged such receipt in Section 3.01(b), subject to the terms and conditions of this Trust Agreement, the Trustee, on behalf of the Trust, shall execute and deposit a single Global Certificate with DTC, which shall thereupon be the initial Holder of the Trust Preferred Securities.
Appears in 9 contracts
Samples: Trust Agreement (Ubs Preferred Funding Trust Iv), Trust Agreement (Ubs Preferred Funding Trust Iii), Trust Agreement (UBS Preferred Funding Trust VIII)
