Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant to Section 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 67 contracts
Samples: Trust Agreement (Air T Inc), Trust Agreement (Air T Inc), Trust Agreement (Air T Funding)
Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant to Section 203 2.03 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 24 contracts
Samples: Trust Agreement (Bridge Bancorp Inc), Trust Agreement (Southwest Gas Corp), Trust Agreement (Pseg Funding Trust Ii)
Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant to Section 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 11 contracts
Samples: Trust Agreement (Newfield Financial Trust Ii), Trust Agreement (Merry Land Properties Inc), Agreement and Plan of Merger (Capital Senior Living Corp)
Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant to Section 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 10 contracts
Samples: Trust Agreement (S Y Bancorp Inc), Trust Agreement (Baylake Capital Trust I), Trust Agreement (Union Electric Co)
Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant referred to Section 203 in SECTION 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstandingOutstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 4 contracts
Samples: Trust Agreement (Uici), Trust Agreement (Bankatlantic Bancorp Inc), Trust Agreement (Uici)
Initial Ownership. Upon the creation of the Trust and by the contribution by the Depositor pursuant referred to in Section 203 2.03 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Midamerican Energy Financing Ii), Expense Agreement (Midamerican Energy Financing Ii)
Initial Ownership. 20 26 Upon the creation of the Trust and the contribution by the Depositor pursuant to Section 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Ibc Capital Finance), Trust Agreement (Ibc Capital Finance)
Initial Ownership. Upon the creation formation of the Trust and the contribution by the Depositor pursuant to Section 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Nevada Power Co), Trust Agreement (Nevada Power Co)
Initial Ownership. Upon the creation formation of the Trust and the contribution by the Depositor pursuant to Section 203 2.3 and until the issuance of the Trust Securities, and at ----------- any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
Initial Ownership. Upon the creation formation of the Trust and the contribution by the Depositor pursuant to Section 203 2.3 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.. SECTION 5.2
Appears in 1 contract
Initial Ownership. Upon the creation of the Trust and the contribution by the Depositor pursuant to Section SECTION 203 and until the issuance of the Trust Securities, and at any time during which no Trust Securities are outstanding, the Depositor shall be the sole beneficial owner of the Trust.
Appears in 1 contract
