Common use of Common Securities Clause in Contracts

Common Securities. The Common Securities of the Trust have an aggregate liquidation amount with respect to the assets of the Trust of __________ dollars ($__________) with respect to the initial closing of the sale of Common Securities and, if the Option set forth in Section 7.13(a) is exercised, an additional aggregate liquidation amount with respect to the assets of the Trust of __________ dollars ($__________) with respect to the second closing of the sale of Common Securities; provided that the maximum aggregate liquidation amount of common securities issued by the Trust shall not exceed __________ dollars ($___________). The Common Securities are hereby designated for identification purposes only as "____% Common Securities" (the "Common Securities" and, together with the Preferred Securities, 133 36 the "Securities"). The Common Security Certificates evidencing the Common Securities shall be substantially in the form of Exhibit B to this Declaration, with such changes and additions thereto or deletions therefrom as may be required by ordinary usage, custom or practice subject to section 7.13(b).

Appears in 1 contract

Sources: Indenture (First Security Capital V)

Common Securities. The Common Securities of the Trust shall have an aggregate liquidation amount with respect to the assets of the Trust of ____________________________ dollars ($_______________) with respect to the initial closing of the sale of Common Securities [and, if the Option set forth in Section 7.13(a) is exercised, an additional aggregate liquidation amount with respect to the assets of the Trust of __________ dollars ($__________) )] with respect to the second closing of the sale of Common Securities; provided PROVIDED that the maximum aggregate liquidation amount of common securities issued by the Trust shall not exceed __________ dollars ($___________). The Common Securities are hereby designated for identification purposes only as "____% Common Securities" (the "Common Securities" and, together with the Preferred Securities, 133 36 the "Securities"). The Common Security Certificates evidencing the Common Securities shall be substantially in the form of Exhibit B to this DeclarationTrust Agreement, with such changes and additions thereto or deletions therefrom as may be required by ordinary usage, custom or practice subject to [section 7.13(b).]

Appears in 1 contract

Sources: Trust Agreement (Dominion Resources Inc /Va/)

Common Securities. The Common Securities of the Trust shall have an aggregate liquidation amount with respect to the assets of the Trust of ____________________________ dollars ($_______________) with respect to the initial closing of the sale of Common Securities [and, if the Option set forth in Section 7.13(a) is exercised, an additional aggregate liquidation amount with respect to the assets of the Trust of __________ dollars ($__________) )] with respect to the second closing of the sale of Common Securities; provided PROVIDED that the maximum aggregate liquidation amount of common securities issued by the Trust shall not exceed __________ dollars ($___________). The Common Securities are hereby designated for identification purposes only as "____% Common Securities" (the "Common Securities" and, together with the Trust Preferred Securities, 133 36 the "Securities"). The Common Security Certificates evidencing the Common Securities shall be substantially in the form of Exhibit B to this DeclarationTrust Agreement, with such changes and additions thereto or deletions therefrom as may be required by ordinary usage, custom or practice subject to [section 7.13(b).]

Appears in 1 contract

Sources: Trust Agreement (Virginia Electric & Power Co)