Common use of Exchanges Between Global Preferred Security and Non-Global Preferred Security Clause in Contracts

Exchanges Between Global Preferred Security and Non-Global Preferred Security. A beneficial interest in a Global Preferred Security may be exchanged for a Preferred Security that is not a Global Preferred Security as provided in Section 5.4.

Appears in 24 contracts

Sources: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (Success Bancshares Inc), Trust Agreement (Provident Trust Ii)

Exchanges Between Global Preferred Security and Non-Global Preferred Security. A beneficial interest in a the Global Preferred Security may be exchanged for a Preferred Trust Security that is not a Global Preferred Security as provided in Section 5.4.

Appears in 1 contract

Sources: Trust Agreement (First Citizens Bancorporation Inc)

Exchanges Between Global Preferred Security and Non-Global Preferred Security. A beneficial interest in a Global Preferred Security may be exchanged for a Preferred Security Securities Certificate that is not a Global Preferred Security as provided in Section 5.4.

Appears in 1 contract

Sources: Trust Agreement (Everest Reinsurance Holdings Inc)

Exchanges Between Global Preferred Security and Non-Global Preferred Security. A beneficial interest in a Global Preferred Security may be exchanged for a Preferred Security that is not a Global Preferred Security as provided in Section 5.4503.

Appears in 1 contract

Sources: Trust Agreement (Yardville Capital Trust)