Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 26 contracts

Samples: Trust Agreement (Peoples Bancshares Inc), Trust Agreement (1st Source Capital Trust Ii), Trust Agreement (Southwest Bancorp Inc)

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner) has directly received under the Indenture pursuant to Section 514(b) or (c) hereof5.8 of the Indenture.

Appears in 16 contracts

Samples: Trust Agreement (Lincoln National Corp), Trust Agreement (Lincoln National Corp), Trust Agreement (Metro Capital Trust V)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (and any Owner with respect thereto) has directly received under the Indenture pursuant to Section 514(b) or (c) hereof5.8 of the Indenture.

Appears in 15 contracts

Samples: Trust Agreement (Assured Guaranty Capital Trust I), Agreement (Trenwick America Capital Trust Iii), Trust Agreement (Ace LTD)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(b7.8 thereof and 512(b) or (c) hereofhereof and under the Guarantee.

Appears in 10 contracts

Samples: Trust Agreement (American Community Bancshares Inc), Trust Agreement (Southern Community Financial Corp), Trust Agreement (Crescent Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b5.14(b) or (c) hereof.

Appears in 7 contracts

Samples: Trust Agreement (Union Bankshares Capital Trust I), Trust Agreement (Ebh Capital Trust I), Trust Agreement (Bank of the Ozarks Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b513(b) or (c) hereof.

Appears in 6 contracts

Samples: Trust Agreement (Private Bancorp Capital Trust I), Trust Agreement (Independent Bank Corp /Mi/), Trust Agreement (Wintrust Capital Trust Ii)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) 5.8 of the Indenture in accordance with the terms of Section 6.8 hereof.

Appears in 4 contracts

Samples: Trust Agreement (Merry Land Properties Inc), Trust Agreement (Merry Land Capital Trust), Superior Trust I

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Capital Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 4 contracts

Samples: Trust Agreement (VBC Capital I), Trust Agreement (VBC Capital I), Trust Agreement (Community First Bankshares Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b5.13(b) or (c) hereof.

Appears in 3 contracts

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

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b5.14(b) or (c5.14(c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Ncbe Capital Trust I), Trust Agreement (Pikeville National Corp)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(b8.8 thereof and 512(b) or (c) hereofhereof and under the Guarantee.

Appears in 2 contracts

Samples: Trust Agreement (Southern Community Financial Corp), Trust Agreement (Southern Community Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Trust Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b513(b) or (c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Front Range Capital Trust I), Trust Agreement (Front Range Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder record holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.

Appears in 2 contracts

Samples: Trust Agreement (Ifc Capital Trust I), Trust Agreement (Wintrust Capital Trust I)

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (and Owner) has directly received under the Indenture pursuant to Section 514(b) or (c) hereof5.8 of the Indenture.

Appears in 2 contracts

Samples: Trust Agreement (Sierra Pacific Resources Capital Trust Ii), Trust Agreement (Sierra Pacific Resources Capital Trust Ii)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of or Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.hereof ARTICLE V TRUST SECURITIES CERTIFICATES

Appears in 1 contract

Samples: Trust Agreement (Rbi Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b515(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Yardville Capital Trust)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any a Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c5.13(c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Franklin Capital Trust I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b) or (c) hereof.. 18 25

Appears in 1 contract

Samples: Trust Agreement (First Banks Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (and any Owner with respect thereto) has directly received under the Indenture pursuant to Section 514(b) or (c) hereof5.8 of the ----------- Indenture.

Appears in 1 contract

Samples: Trust Agreement (Ace Ina Holdings Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder has directly received under the Indenture pursuant to Section 514(b5.15(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Bridge Bancorp Inc)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Securities shall be reduced by the amount of any corresponding payment such Holder (or any related Owner) has directly received under the Indenture pursuant to Section 514(bSECTION 512(b) or (c) hereof.

Appears in 1 contract

Samples: Trust Agreement (Southside Capital Trust I)

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