The Preferred Securities Clause Samples

The Preferred Securities. Section 2.01.

The Preferred Securities. Section 4.1 Interest Payments; Rights to Interest Payments Preserved....................... 29 Section 4.2

The Preferred Securities. Guarantee Trustee has the requisite power and authority to execute, deliver and perform its obligations under the Guarantee Agreement, and has taken all necessary corporate action to authorize the execution, delivery and performance by it of the Guarantee Agreement.

The Preferred Securities. The Preferred Securities shall be issued in minimum denominations of $100,000 Liquidation Amount and integral multiples of $1,000 in excess thereof, and the Common Securities shall be issued in denominations of $1,000 Liquidation Amount and integral multiples thereof. The Trust Securities shall be executed on behalf of the Trust by manual or facsimile signature of at least one Administrative Trustee. Trust Securities bearing the manual or facsimile signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, shall be validly issued and entitled to the benefits of this Trust Agreement, notwithstanding that such individuals or any of them shall have ceased to be so authorized prior to the delivery of such Trust Securities or did not hold such offices at the date of delivery of such Trust Securities. A transferee of a Trust Security shall become a Securityholder, and shall be entitled to the rights and subject to the obligations of a Securityholder hereunder, upon due registration of such Trust Securities in such transferee's name pursuant to Sections 5.4, 5.5 and 5.13. Upon their original issuance, Rule 144A Preferred Securities shall be issued in the form of one or more Global Rule 144A Preferred Security registered in the name of the nominee of DTC for credit to the respective accounts of the Owners thereof (or such other accounts as they may direct). Upon their original issuance, Regulation S Preferred Securities shall be issued in the form of one or more Global Regulation S Preferred Security registered in the name of the nominee of DTC for credit to the respective accounts of the beneficial Owners of the Preferred Securities represented thereby (or such other accounts as they may direct), provided that upon deposit all such Regulation S Preferred Securities shall be credited to or through accounts maintained at DTC by or on behalf of Euroclear or Cedel. Upon their original issuance, Other Preferred Securities shall not be issued in the form of Global Preferred Securities or in any other form intended to facilitate global trading in beneficial interests in such Preferred Securities but shall be issued to the Accredited Investor in the form of a Definitive Preferred Security certificate and registered in the name of the Accredited Investor thereof. A single Common Securities certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive...

The Preferred Securities