Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any record holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 5.13(b) or (c) hereof.

Appears in 5 contracts

Samples: Trust Agreement (San Rafael Bancorp), Trust Agreement (Alabama National Bancorporation), Trust Agreement (Enterprise Financial Services Corp)

AutoNDA by SimpleDocs

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any record holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 5.13(b513(b) or (c) hereof.

Appears in 3 contracts

Samples: Trust Agreement (Paradigm Capital Trust Ii), Trust Agreement (Prosperity Capital Trust I), Trust Agreement (Paradigm Capital Trust Ii)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any record holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 5.13(b) or (c5.13(c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Eagle Bancshares Inc), Trust Agreement (Eagle Bancshares Inc)

AutoNDA by SimpleDocs

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any record holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 5.13(b514(b) or (c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Ifc Capital Trust I), Trust Agreement (Wintrust Capital Trust I)

Time is Money Join Law Insider Premium to draft better contracts faster.