Common use of SUBSCRIPTION AND PURCHASE OF DEBENTURES Clause in Contracts

SUBSCRIPTION AND PURCHASE OF DEBENTURES. (a) Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 502 and deliver to the Depositor, Common Securities Certificates, registered in the name of the Depositor in an aggregate amount of Forty-Six Thousand Four Hundred (46,400) shares of Common Securities having an aggregate Liquidation Amount of Four Hundred Sixty-Four Thousand Dollars ($464,000) against payment by the Depositor of such amount, which amount such Administrative Trustee shall promptly deliver to the Property Trustee. Contemporaneously therewith, an Administrative Trustee on behalf of the Trust, shall subscribe to and purchase from the Depositor, Debentures registered in the name of the Property Trustee on behalf of the Trust and having an aggregate principal amount equal to Fifteen Million Four Hundred Sixty-Four Thousand Dollars ($15,464,000) (being the sum of the amounts delivered to the Property Trustee pursuant to: (i) the second sentence of Section 204; and (ii) the first sentence of Section 205(a)), and, in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of Fifteen Million Four Hundred Sixty-Four Thousand Dollars ($15,464,000).

SUBSCRIPTION AND PURCHASE OF DEBENTURES. (a) Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 502 and deliver to the Depositor, Common Securities Certificates, registered in the name of the Depositor in an aggregate amount of FortyNinety-Six Two Thousand Seven Hundred Eighty-Four Hundred (46,40092,784) shares of Common Securities having an aggregate Liquidation Amount of Four Nine Hundred SixtyTwenty-Four Seven Thousand Eight Hundred Forty Dollars ($464,000927,840) against payment by the Depositor of such amount, which amount such Administrative Trustee shall promptly deliver to the Property Trustee. Contemporaneously therewith, an Administrative Trustee on behalf of the Trust, shall subscribe to and purchase from the Depositor, Debentures registered in the name of the Property Trustee on behalf of the Trust and having an aggregate principal amount equal to Fifteen Thirty Million Four Nine Hundred SixtyTwenty-Four Seven Thousand Eight Hundred Forty Dollars ($15,464,00030,927,840) (being the sum of the amounts delivered to the Property Trustee pursuant to: (i) the second sentence of Section 204; and (ii) the first sentence of Section 205(a)), and, in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of Fifteen Thirty Million Four Nine Hundred SixtyTwenty-Four Seven Thousand Eight Hundred Forty Dollars ($15,464,00030,927,840) (less any amounts due the Underwriters pursuant to the Underwriting Agreement).