Common use of Rights and Responsibilities of the Sponsor Clause in Contracts

Rights and Responsibilities of the Sponsor. In connection with the issue and sale of the Trust Preferred Securities and so long as the Securities are outstanding, the Sponsor shall have the right and responsibility (which shall be exclusive except as otherwise set forth herein) to engage in the following activities:

Appears in 7 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co), Trust Agreement (Apache Corp)

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Rights and Responsibilities of the Sponsor. In connection with the issue and sale of the Trust Preferred Securities and so long as the Securities are outstanding, the Sponsor shall have the right right, authority and responsibility (which shall be exclusive except as otherwise set forth herein) to engage in the following activities:

Appears in 1 contract

Samples: Trust Agreement (Dte Energy Co)

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