Common use of The Trust Securities Certificates Clause in Contracts

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503. Trust Securities Certificates bearing the 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.

Appears in 4 contracts

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

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The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 5.4, 5.11 and 511A.5.13.

Appears in 3 contracts

Samples: Trust Agreement (First Merchants Corp), Trust Agreement (First Merchants Capital Trust I), Trust Agreement (First Merchants Corp)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 25 Liquidation Amount and integral multiples of $10 25 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 511 and 511A.513.

Appears in 3 contracts

Samples: Trust Agreement (Wintrust Financial Corp), Trust Agreement (Mbhi Capital Trust I), Trust Agreement (Mbhi Capital Trust I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 511 and 511A.513.

Appears in 3 contracts

Samples: Trust Agreement (First Preferred Capital Trust Ii), Trust Agreement (Wintrust Capital Trust VI), Trust Agreement (Ifc Capital Trust Vi)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 511 and 511A.513. Section 503. Execution, Authentication and Delivery of Trust Securities Certificates.

Appears in 3 contracts

Samples: Trust Agreement (Private Bancorp Capital Trust I), Trust Agreement (Wintrust Capital Trust Ii), Trust Agreement (Ifc Capital Trust Ii)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.due

Appears in 2 contracts

Samples: Trust Agreement (Century Bancorp Capital Trust), Trust Agreement (Century Bancorp Capital Trust)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in fully registered form in minimum denominations blocks of at least 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples of $10 1,000 in excess thereof), and shall be at all times held in minimum blocks of 100, and the Common Securities Certificates shall be issued in denominations minimum blocks of 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples thereofAmount). The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Administrator. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 2 contracts

Samples: Trust Agreement (United Community Capital Trust), Trust Agreement (City Holding Capital Trust)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities CertificatesAdministrator, except as provided in Section 5035.3. Trust Securities Certificates bearing the signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. The Preferred Securities Certificate shall be issued in minimum denominations of $10 and integral multiples of $10 in excess thereof. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 2 contracts

Samples: Trust Agreement (Allegiant Bancorp Inc), Trust Agreement (Allegiant Capital Trust I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Registrar or its agent. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.11.

Appears in 2 contracts

Samples: Trust Agreement (Texas Utilities Electric Co), Trust Agreement (Texas Utilities Electric Co)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 100,000 Liquidation Amount (and in blocks of at least 100 Capital Securities) and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Administrator. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 2 contracts

Samples: Trust Agreement (Keycorp Institutional Capital B), Trust Agreement (Keycorp Institutional Capital A)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 25 Liquidation Amount and integral multiples of $10 25 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be (i) executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and (ii) authenticated by the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503by manual signature of an authorized officer thereof. Trust Securities Certificates 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 TrustTrust or the Property Trustee, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 5.4, 5.11 and 511A.5.13.

Appears in 2 contracts

Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Pennsylvania Power & Light Co /Pa)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 25 Liquidation Amount and integral multiples of $10 25 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereof. The consideration received by the Trust for the issuance of the Trust Securities shall constitute a contribution to the capital of the Trust and shall not constitute a loan to the Trust. Preferred Securities initially transferred, in accordance with Section 5.4, will be exchanged for Preferred Securities in registered, certificated form (the "Certificated Preferred Securities"). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and authenticated by the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 benefit 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.4.

Appears in 2 contracts

Samples: Trust Agreement (Ilm Senior Living Inc /Va), Trust Agreement (Ilm Ii Senior Living Inc /Va)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503. Trust Securities Certificates bearing the 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.

Appears in 2 contracts

Samples: Trust Agreement (Crescent Capital Trust I), Trust Agreement (Apab Capital Trust I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 512 and 511A.514.

Appears in 2 contracts

Samples: Trust Agreement (American Bank Inc), Trust Agreement (Greater Atlantic Financial Corp)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1,000 Liquidation Amount and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates (other than Predecessor Capital Securities Certificates and Predecessor Common Securities Certificates) shall be executed on behalf of the Issuer Trust by manual, facsimile or imprinted manual signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's ’s name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (Popular Inc)

The Trust Securities Certificates. (a) The Preferred Securities --------------------------------- Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 such Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. The Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 511 and 511A.514. Section 503. Execution, Authentication and Delivery of the Trust Securities -------------------------------------------------------------- Certificates. ------------

Appears in 1 contract

Samples: Trust Agreement (Ctbi Preferred Capital Trust Ii)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.511.

Appears in 1 contract

Samples: Trust Agreement (Abington Bancorp Capital Trust)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in fully registered form in minimum denominations blocks of at least 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples of $10 1,000 in excess thereof), and shall be at all times held in minimum blocks of 100, and the Common Securities Certificates shall be issued in denominations minimum blocks of 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples thereofAmount). The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Administrator. Trust Securities Certificates bearing the signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5. - 26 - 34

Appears in 1 contract

Samples: Trust Agreement (BSB Capital Trust I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Registrar or its agent. Trust Securities Certificates 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 TrustTrust and, if executed on behalf of the Trust by facsimile signature countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04.

Appears in 1 contract

Samples: Agreement (Texas Utilities Electric Co)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 100,000 Liquidation Amount (100 Capital Securities) and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, facsimile or imprinted manual signature of at least one Administrative Trustee and and, if so ordered by an Administrative Trustee, authenticated by the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates bearing the manual 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 5.04 and 511A.5.05.

Appears in 1 contract

Samples: Trust Agreement (Metlife Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 512 and 511A.514. Section 503. Execution, Authentication and Delivery of Trust Securities Certificates.

Appears in 1 contract

Samples: Trust Agreement (Ifc Capital Trust Ii)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 such Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. The Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.511.

Appears in 1 contract

Samples: Trust Agreement (Indiana United Bancorp)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1000 Liquidation Amount (and in blocks of at least __________ Capital Securities) and integral multiples of $10 1000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (Keycorp Capital Ii)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and, if executed on behalf of the Trust by facsimile signature, the Capital Securities shall be countersigned by the Transfer Agent and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Registrar or its agent. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.12.

Appears in 1 contract

Samples: Agreement (Texas Utilities Co /Tx/)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1,000 Liquidation Amount and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be (i) executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and (ii) authenticated by the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503by manual or facsimile signature of an authorized signatory thereof. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Trust, Issuer Trust or the Property Trustee 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's ’s name pursuant to Sections 504 5.4, 5.11 and 511A.5.13.

Appears in 1 contract

Samples: Declaration of Trust (First Merchants Corp)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 512 and 511A.514. SECTION 503. Execution, Authentication and Delivery of Trust Securities Certificates.

Appears in 1 contract

Samples: Trust Agreement (Americredit Capital Trust I)

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The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1,000 Liquidation Amount and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, facsimile or imprinted manual signature of at least one Administrative Trustee and authenticated by the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503by manual signature of an authorized officer thereof. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustIssuer Trust or the Property Trustee, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (Dime Bancorp Inc)

The Trust Securities Certificates. (a) The Trust Preferred Securities Certificates shall be issued in minimum denominations of $10 7.60 Liquidation Amount and integral multiples of $10 7.60 in excess thereof, thereof and the Trust Common Securities Certificates shall be issued in denominations of $10 7.60 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee Trustee, and the Property Trustee shall authenticate and register the Trust Preferred Securities Certificates, except as provided in Certificates shall be authenticated pursuant to Section 5035.3. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a Securityholder, Holder and shall be entitled to the rights and subject to the obligations of a Securityholder hereunder, Holder hereunder upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.4.

Appears in 1 contract

Samples: Trust Agreement (Sea Pines Associates Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Registrar or its agent. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.11.

Appears in 1 contract

Samples: Agreement (Texas Utilities Electric Co)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1,000 Liquidation Amount (and in blocks of at least 100 Capital Securities) and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Indenture Trust Agreement (Keycorp Capital I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's ’s name pursuant to Sections 504 5.05, 5.12 and 511A.5.14.

Appears in 1 contract

Samples: Trust Agreement (Bridge Bancorp Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities CertificatesAdministrator, except as provided in Section 5035.3. Trust Securities Certificates bearing the signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. The Preferred Securities Certificate shall be issued in minimum denominations of $25 and integral multiples of $25 in excess thereof. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (Allegiant Capital Trust Ii)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in fully registered form in minimum denominations blocks of at least 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples of $10 1,000 in excess thereof, ) and the Common Securities Certificates shall be issued at all times held in denominations minimum blocks of 100 (representing a minimum of $10 100,000 aggregate Liquidation Amount and integral multiples thereofAmount). The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Administrator. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's ’s name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (First Citizens Bancorporation Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 _____ Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and and, if executed on behalf of the Property Trustee shall authenticate and register Trust by facsimile signature, the Preferred Trust Securities Certificates, except as provided in Section 503shall be countersigned by the Transfer Agent and Registrar or its agent. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.12.

Appears in 1 contract

Samples: Agreement (Txu Gas Capital Iv)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 504, 505, 511 and 511A.512. Section 503. Execution, Authentication and Delivery of Trust Securities Certificates.

Appears in 1 contract

Samples: Trust Agreement (Taylor Capital Group Inc)

The Trust Securities Certificates. (a) The Preferred Administrative Trustees shall on behalf of the Issuer Trust issue, in one or more issuances, Restricted Capital Securities representing undivided beneficial ownership interests in the assets of the Trust, and one class of Common Securities; provided, however, that the Administrative Trustee may issue an additional class of Capital Securities in accordance with Section 2.4. The Capital Securities Certificates shall be issued in fully registered form in minimum denominations of $10 1,000 Liquidation Amount and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Issuer Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (First Hawaiian Capital I)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 the Liquidation Amount and integral multiples of $10 the Liquidation Amount in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 the Liquidation Amount and integral multiples thereofthereof (which may, in the case of the Common Securities, include fractional amounts). The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.511.

Appears in 1 contract

Samples: Trust Agreement (Independent Bank Corp /Mi/)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 1,000.00 Liquidation Amount and integral multiples of $10 1,000.00 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 10.00 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503. Trust Securities Certificates bearing the 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.

Appears in 1 contract

Samples: Trust Agreement (Carolina Bank Holdings Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 1,000.00 Liquidation Amount and integral multiples of $10 1,000 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503. Trust Securities Certificates bearing the 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.

Appears in 1 contract

Samples: Trust Agreement (American Community Bancshares Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 _____ Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and and, if executed on behalf of the Property Trustee shall authenticate and register Trust by facsimile signature, the Preferred Trust Securities Certificates, except as provided in Section 503shall be countersigned by the Transfer Agent and Registrar or its agent. Trust Securities Certificates bearing the manual signatures of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.11.

Appears in 1 contract

Samples: Trust Agreement (Enserch Capital I)

The Trust Securities Certificates. (a) The Preferred Capital Securities Certificates shall be issued in minimum denominations of $10 1,000 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Securities Certificates shall be issued in denominations of $10 1,000 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates (other than Predecessor Capital Securities Certificates and Predecessor Common Securities Certificates) shall be executed on behalf of the Issuer Trust by manual, manual signature or facsimile or imprinted signature of at least one Administrative Trustee and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Trustee. Trust Securities Certificates bearing the manual signatures or facsimiles of individuals who were, at the time when such signatures shall have been affixed, authorized to sign on behalf of the Issuer 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate shall become a SecurityholderHolder, and shall be entitled to the rights and subject to the obligations of a Securityholder Holder hereunder, upon due registration of such Trust Securities Certificate in such transferee's ’s name pursuant to Sections 504 and 511A.Section 5.5.

Appears in 1 contract

Samples: Trust Agreement (Popular Inc)

The Trust Securities Certificates. (a) The Preferred Securities Certificates shall be issued in minimum denominations of $10 Liquidation Amount and integral multiples of $10 in excess thereof, and the Common Trust Securities Certificates shall be issued in denominations of $10 25 Liquidation Amount and integral multiples thereof. The Trust Securities Certificates shall be executed on behalf of the Trust by manual, manual or facsimile or imprinted signature of at least one Administrative Trustee and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and the Property Trustee shall authenticate and register the Preferred Securities Certificates, except as provided in Section 503Registrar or its agent. Trust Securities Certificates 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 TrustTrust and, if executed on behalf of the Trust by facsimile signature, countersigned by the Transfer Agent and Registrar or its agent, 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 Certificates or did not hold such offices at the date of delivery of such Trust Securities Certificates. A transferee of a Trust Securities Certificate 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 Certificate in such transferee's name pursuant to Sections 504 and 511A.Section 5.04 or 5.11.

Appears in 1 contract

Samples: Agreement (Texas Utilities Electric Co)

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