Common use of Payments under Indenture or Pursuant to Direct Actions Clause in Contracts

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) of this Trust Agreement.

Appears in 51 contracts

Samples: Trust Agreement (Pacific Crest Capital Inc), Trust Agreement (Sunset Financial Resources Inc), Trust Agreement (CBRE Realty Finance Inc)

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Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 10 contracts

Samples: Declaration of Trust (Strategic Hotels & Resorts, Inc), Trust Agreement (Webster Capital Trust Iv), Declaration of Trust (BEE Financing Trust III)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 10 contracts

Samples: Trust Agreement (Southern Bancshares Nc Inc), Trust Agreement (Southern States Capital Trust I), Trust Agreement (United Community Capital Trust)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment that such Holder (or and any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 8 contracts

Samples: Trust Agreement (Silicon Valley Bancshares), Trust Agreement (BFC Capital Trust Ii), Trust Agreement (Silicon Valley Bancshares)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Trust Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture Base Indenture, Section 3.1 of the Stock Purchase Contract Agreement or Section 6.10(b) 5.16 of this Trust Agreement.

Appears in 8 contracts

Samples: Trust Agreement (National City Corp), Trust Agreement (National City Preferred Capital Trust I), Trust Agreement (Wachovia Capital Trust Iii)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 8 contracts

Samples: Trust Agreement (Alabama National Bancorporation), Trust Agreement (Mountain National Bancshares Inc), Trust Agreement (Auburn National Bancorporation Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Capital Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 8 contracts

Samples: Trust Agreement (JPMorgan Chase Capital XXII), Trust Agreement (JPMorgan Chase Capital XVI), Trust Agreement (J P Morgan Chase & Co)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Capital Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 7 contracts

Samples: Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Keycorp /New/), Trust Agreement (Keycorp /New/)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoand Owner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (Mellon Financial Corp), Trust Agreement (Schwab Charles Corp), Trust Agreement (PCC Capital I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (FFBC Capital Trust I), Trust Agreement (Centerstate Banks of Florida Inc), Trust Agreement (SBCF Capital Trust IV)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 5.08 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 4 contracts

Samples: Declaration of Trust (First Merchants Corp), Declaration of Trust (Popular Inc), Declaration of Trust and Trust Agreement (Superior Bancorp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(bSECTION 6.10(B) of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Uici), Trust Agreement (Bankatlantic Bancorp Inc), Trust Agreement (Uici)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Capital Securities) has directly received pursuant to Section 5.8 5.08 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Susquehanna Capital IV), Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Bancshares Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Trust Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 ____ of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Indymac Capital Trust I), Trust Agreement (Indymac Capital Trust I), Trust Agreement (Indymac Capital Trust I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Zions Capital Trust B), Trust Agreement (Cullen Frost Capital Trust Ii), Trust Agreement (Popular Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or and any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (First Interstate Bancsystem of Montana Inc), Trust Agreement (Fib Capital Trust), Trust Agreement (Pacific Crest Capital Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect related thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (First Star Capital Trust), Trust Agreement (Sun Capital Trust Ii)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Trust Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 508 of the Indenture Base Indenture, Section 3.1 of the Stock Purchase Contract Agreement or Section 6.10(b) 5.16 of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Wells Fargo & Co/Mn), Trust Agreement (Wells Fargo & Co/Mn), Trust Agreement (Wells Fargo Capital XVIII)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or Owner with respect thereof) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (Gainsco Inc), Trust Agreement (Gainsco Inc), Trust Agreement (Assuranceamerica Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect related thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 3 contracts

Samples: Trust Agreement (S&t Bancorp Inc), Trust Agreement (S&t Bancorp Inc), Trust Agreement (M&t Bank Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 508 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 2 contracts

Samples: Declaration of Trust (Popular Inc), Declaration of Trust (Popular Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect thereto) to the Holder's Preferred Securities has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.15 of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Owens Corning Capital Ii), Trust Agreement (Owens Corning Capital Iv)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust AgreementDeclaration of Trust.

Appears in 2 contracts

Samples: Expenses and Liabilities (Privatebancorp, Inc), Expenses and Liabilities (Privatebancorp, Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder's Preferred Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Gentiva Health Services Inc), Trust Agreement (Txi Capital Trust I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (State Street Corp), Trust Agreement (Bb&t Capital Trust I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Everest Reinsurance Holdings Inc), Trust Agreement (Everest Re Capital Trust Iii)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities or any Owner with respect thereto shall be reduced by the amount of any corresponding payment such that Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Wilmington Trust Capital A)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 508 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Agreement (Aig Capital Trust I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 5.10 of the Indenture or Section 6.10(b) of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Pd Capital Trust Ii)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Capital Securities) has directly received pursuant to Section 5.8 2.6 of the Supplemental Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Group Inc/)

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Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder's Capital Securities) has directly received pursuant to Section 5.8 5.08 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (TCF Capital I)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Trust Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoTrust Agreement Owner) has directly received pursuant to Section 5.8 of the Indenture Base Indenture, Section 3.1 of the Stock Purchase Contract Agreement or Section 6.10(b) 5.16 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Us Bancorp \De\)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Capital Securities) has directly received pursuant to [Section 5.8 [ ] of the Indenture or or] Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Capital III)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoand Owner) has directly received pursuant to Section 5.8 of the Indenture or this Article IV or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Old National Bancorp /In/)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Trust Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 3.13(b) of the Indenture Supplement, Section 3.1 of the Stock Purchase Contract Agreement or Section 6.10(b) 5.16 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Huntington Bancshares Inc/Md)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (First Citizens Bancorporation Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Trust Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (National City Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 2.13 of the Supplemental Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Wachovia Capital Trust XIII)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 5.9 of the Indenture or Section 6.10(b5.13(c) of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Popular Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoand Owner) has directly received pursuant to Section 5.8 of the Indenture or Indenture, this Article IV, Section 6.10(b) 5.13 of this Trust AgreementAgreement or pursuant to the Guarantee.

Appears in 1 contract

Samples: Trust Agreement (Onb Capital Trust Vi)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder's Capital Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Citizens Funding Trust IV)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Visteon Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities STACKS (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 508 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Marshall & Ilsley Corp/Wi/)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect thereto) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Success Bancshares Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder’s Preferred Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Mbna Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities (or any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoOwner) has directly received pursuant to Section 5.8 of the Indenture Original Indenture, Section 3.1 of the Stock Purchase Contract Agreement or Section 6.10(b) 5.16 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (State Street Corp)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder's Preferred Securities) has directly received pursuant to Section 5.8 508 of the Indenture or Section 6.10(b) 5.14 of this Trust AgreementDeclaration.

Appears in 1 contract

Samples: Agreement (Provident Companies Inc /De/)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any an Owner with respect theretoto the Holder's Preferred Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.17 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Caremark Rx Inc)

Payments under Indenture or Pursuant to Direct Actions. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder (or any Owner with respect theretoto such Holder's Capital Securities) has directly received pursuant to Section 5.8 of the Indenture or Section 6.10(b) 5.13 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Zions Institutional Capital Trust A)

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