Common use of May Hold Securities Clause in Contracts

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 39 contracts

Sources: Trust Agreement (S&t Bancorp Inc), Trust Agreement (First Empire Capital Trust I), Trust Agreement (First Star Capital Trust)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, and except as provided in the definition of the term "Outstanding" in Article I, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 27 contracts

Sources: Trust Agreement (Popular North America Capital Trust Iii), Trust Agreement (Compass Trust Ii), Trust Agreement (Bank of New York Co Inc)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.138.13 and except as provided in the definition of the term "Outstanding" in Article I, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 19 contracts

Sources: Trust Agreement (Goldman Sachs Capital V), Trust Agreement (Goldman Sachs Group Inc/), Trust Agreement (Scana Corp)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 11 contracts

Sources: Trust Agreement (State Street Corp), Trust Agreement (Wells Fargo & Co/Mn), Trust Agreement (National City Corp)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 3 contracts

Sources: Trust Agreement (M&t Bank Corp), Trust Agreement (S&t Bancorp Inc), Trust Agreement (American Safety Insurance Group LTD)

May Hold Securities. Except as provided in the ------------------- definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 3 contracts

Sources: Trust Agreement (Allegiant Bancorp Inc), Trust Agreement (Allegiant Capital Trust Ii), Trust Agreement (Allegiant Capital Trust I)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I1, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 2 contracts

Sources: Trust Agreement (BNB Capital Trust), Trust Agreement (Broad National Bancorporation)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the The Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.138.13 and except as provided in the definition of the term "Outstanding" in Article I, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 2 contracts

Sources: Trust Agreement (Keycorp Institutional Capital B), Trust Agreement (Keycorp Institutional Capital A)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the The Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, and except as provided in the definition of the term "Outstanding" in Article 1, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer issuer Trustee or such other agent.

Appears in 1 contract

Sources: Trust Agreement (Dillards Inc)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.,

Appears in 1 contract

Sources: Trust Agreement (PNC Capital Trust F)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article IArticle_I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13Sections_8.8 and_8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Sources: Trust Agreement (Mason Dixon Capital Trust Ii)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any Issuer Trustee or any other agent of any Issuer Trustee or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 8.9 and 8.138.14, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Sources: Trust Agreement (City Holding Capital Trust Ii)

May Hold Securities. Except as provided in the definition of the term "Outstanding" in Article I, the Administrators, any the Issuer Trustee Trustees or any other agent of any the Issuer Trustee Trustees or the Issuer Trust, in its individual or any other capacity, may become the owner or pledgee of Trust Securities and, subject to Sections 8.8 and 8.13, may otherwise deal with the Issuer Trust with the same rights it would have if it were not an Administrator, Issuer Trustee or such other agent.

Appears in 1 contract

Sources: Trust Agreement (BSB Capital Trust I)