Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 58 contracts
Samples: Trust Agreement (Southern Energy Inc), Trust Agreement (Sei Trust I), Trust Agreement (Alabama Power Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depositary Agreement on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 19 contracts
Samples: Trust Agreement (HPT Capital Trust I), Boise Cascade Corp, Trust Agreement (Dayton Superior Capital Trust)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 10 contracts
Samples: Trust Agreement (Principal Financial Group Inc), Trust Agreement (Hartford Financial Services Group Inc/De), Trust Agreement (Hartford Capital V)
Payment Procedures. Payments of Distributions in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 10 contracts
Samples: Trust Agreement (Idacorp Trust Iii), Trust Agreement (Lincoln National Corp), Trust Agreement (Idacorp Trust Iii)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Payment Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 5 contracts
Samples: Trust Agreement (Alabama Power Co), Trust Agreement (Gulf Power Co), Trust Agreement (Alabama Power Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 4 contracts
Samples: Trust Agreement (Harleysville Group Inc), Trust Agreement (Old National Bancorp /In/), Trust Agreement (Onb Capital Trust Vi)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 3 contracts
Samples: Trust Agreement (Tu Electric Capital I), Trust Agreement (Tu Electric Capital Ii), Agreement (Texas Utilities Electric Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesRegister. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee Administrative Trustees and the Holder of the Common Securities.
Appears in 3 contracts
Samples: Trust Agreement (Delmarva Power & Light Co /De/), Trust Agreement (Atlantic Capital Ii), Trust Agreement (Atlantic City Electric Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Security Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 3 contracts
Samples: Trust Agreement (Duke Capital Financing Trust Vi), Trust Agreement (Duke Capital Financing Trust Vi), Trust Agreement (Duke Capital Financing Trust Vi)
Payment Procedures. Payments of Distributions in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed in writing between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 2 contracts
Samples: Trust Agreement (Ingersoll Rand Co), Trust Agreement (Ingersoll Rand Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Security Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Trust Agreement (Duke Energy Capital Trust V), Trust Agreement (Citizens Communications Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency applicable certificate depositary agreement on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Trust Agreement (Senior Housing Properties Trust), Trust Agreement (Senior Housing Properties Trust)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions payments shall be made by wire transfer to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 2 contracts
Samples: Trust Agreement (Western Resources Capital Ii), Trust Agreement (Southwestern Public Service Co)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Security Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.. Section 4.05
Appears in 2 contracts
Samples: Trust Agreement (Duke Capital Financing Trust V), Trust Agreement (Duke Energy Capital Trust Iii)
Payment Procedures. Payments in respect of the Preferred ------------------ Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Security Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Trust Agreement (Duke Capital Financing Trust Iii), Trust Agreement (Duke Energy Capital Trust Ii)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Trust Agreement (HCC Capital Trust Ii), Trust Agreement (Onb Capital Trust Iv)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Trust Agreement (NCS of Illinois Inc), Expenses and Liabilities (Exelon Corp)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as at such address as shall appear on the Securities Register orRegister. Payments, if the Preferred Securities are held by a Clearing Agencyany, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 2 contracts
Samples: Superior Trust I, Superior Trust I
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed upon from time to time in writing between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed upon between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' ’ accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if all of the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' ’ accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Security Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions payments shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution payment dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 1 contract
Samples: Trust Agreement (Hartford Financial Services Group Inc/De)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee Administrative Trustees and the Holder of the Common Securities. Section 4.05.
Appears in 1 contract
Payment Procedures. Payments of Distributions in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' ’ accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.such
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred ------------------ Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depositary Agreement on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder. Section 4.05.
Appears in 1 contract
Payment Procedures. Payments in respect of the ------------------- Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depositary Agreement on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Samples: Trust Agreement (Alcoa Trust I)
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions Payments shall be made to by wire transfer to the Clearing Agency, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depository Agreement on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depositary Agreement, on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common Securities.. 34
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Se curities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit the relevant Persons' accounts at such Clearing Agency on the applicable distribution datesDistribution Dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesSecurityholder.
Appears in 1 contract
Payment Procedures. Payments in respect of the Preferred Securities shall be made by check mailed to the address of the Person entitled thereto as such address shall appear on the Securities Register or, if the Preferred Securities are held by a Clearing Agency, such Distributions shall be made to the Clearing AgencyAgency in immediately available funds, which shall credit in accordance with the relevant Persons' accounts at such Clearing Agency Certificate Depository Agreement on the applicable distribution dates. Payments in respect of the Common Securities shall be made in such manner as shall be mutually agreed between the Property Trustee and the Holder of the Common SecuritiesDistribution Dates.
Appears in 1 contract
