Common use of Persons Deemed Securityholders Clause in Contracts

Persons Deemed Securityholders. The Trustees, the Paying Agent, the Securities Registrar and Depositor shall treat any Persons in whose name any Trust Securities are issued as the owner of such Trust Securities for the purpose of receiving Distributions and for all other purposes whatsoever, and neither the Trust, the Property Trustee, the Administrative Trustees, the Securities Registrar nor the Depositor shall be bound by any notice to the contrary.

Appears in 8 contracts

Sources: Trust Agreement (Crescent Capital Trust I), Trust Agreement (Southern Community Financial Corp), Trust Agreement (Apab Capital Trust I)

Persons Deemed Securityholders. The Trustees, the Paying Agent, Agent or the Securities Registrar and Depositor shall treat any Persons the Person in whose name any Trust Securities are issued Certificate shall be registered in the Securities Register as the owner and Holder of such Trust Securities Certificate for the purpose of receiving Distributions and for all other purposes whatsoever, and neither none of the Trust, the Property Trustee, the Administrative Trustees, the Paying Agent or the Securities Registrar nor the Depositor shall be bound by any notice to the contrary.

Appears in 6 contracts

Sources: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Capital Iii)

Persons Deemed Securityholders. The Trustees, the Paying Agent, Agent and the Securities Registrar and Depositor shall treat any Persons the Person in whose name any Trust Securities are issued Certificate shall be registered in the Securities Register as the owner of such Trust Securities Certificate for the purpose of receiving Distributions and for all other purposes whatsoever, and neither the Trust, the Property Trustee, the Administrative Trustees, Trustees nor the Securities Registrar nor the Depositor shall be bound by any notice to the contrary. Nothing in this provision shall be construed to prevent the Owners from having an undivided beneficial interest in the assets of the Trust.

Appears in 5 contracts

Sources: Trust Agreement (Public Service Co of Oklahoma), Trust Agreement (Central Power & Light Co /Tx/), Trust Agreement (Southwestern Electric Power Co)

Persons Deemed Securityholders. The Trustees, the Paying Agent, the Securities Registrar and Depositor shall treat any Persons in whose name any Trust Securities are issued as the owner of such Trust Securities for the purpose of receiving Distributions and for all other purposes whatsoever, and neither the Trust, the Property TrusteeTrustees, the Administrative Trustees, the Securities Registrar nor the Depositor shall be bound by any notice to the contrary.

Appears in 4 contracts

Sources: Trust Agreement (Metropolitan Financial Corp /Oh/), Trust Agreement (Metropolitan Capital Trust I), Trust Agreement (Metropolitan Capital Trust Ii)

Persons Deemed Securityholders. The Trustees, the Paying Agent, the Securities Registrar and Depositor shall treat any Persons in whose name any Trust Securities are issued as the owner of such Trust Securities for the purpose of receiving Distributions and for all other purposes whatsoever, and neither the Trust, the Property Trustee, the Administrative Trustees, the Securities Registrar nor the Depositor shall be bound by any notice to the contrary.

Appears in 1 contract

Sources: Trust Agreement (Southside Capital Trust I)