Common use of List of Holders of Securities Clause in Contracts

List of Holders of Securities. (a) The Company shall provide the Trustee (i), except while the Trust Preferred Securities remain in book entry form, at least one Business Day prior to an Interest Payment Date, a list, in such form as the Trustee may reasonably require, of the names and addresses of the Holders of Debentures ("List of Holders") as of such record date, provided that the Company shall not be obligated to provide such List of Holders at any time the List of Holders does not differ from the most recent List of Holders given to the Institutional Trustee by the Company and (ii) at any other time, within 30 days of receipt by the Company of a written request for a list of Holders as of a date no more than 14 days before such List of Holders is given to the Trustee. The Trustee shall preserve, in as current a form as is reasonably practicable, all information contained in Lists of Holders given to it or which it receives in the capacity as Paying Agent (if acting in such capacity) provided that the Trustee may destroy any List of Holders previously given to it on receipt of a new List of Holders. (b) The Trustee shall comply with its obligations under Sections 311(b), 311(b) and 312(b) of the Trust Indenture Act.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Unocal Capital Trust Ii), Second Supplemental Indenture (Unocal Corp)

List of Holders of Securities. (a) The Company Each of the Sponsor and the Regular Trustees on behalf of the Trust shall provide the Institutional Trustee (i), except while the Trust Preferred Securities remain in book entry form, at least one Business Day prior to an Interest Payment Date) within 14 days after each record date for payment of Distributions, a list, in such form as the Institutional Trustee may reasonably require, of the names and addresses of the Holders of Debentures the Securities ("List of Holders") as of such record date, provided that neither the Company Sponsor nor the Regular Trustees on behalf of the Trust shall not be obligated to provide such List of Holders at any time the List of Holders does not differ from the most recent List of Holders given to the Institutional Trustee by the Company Sponsor and the Regular Trustees on behalf of the Trust, and (ii) at any other time, within 30 days of receipt by the Company Trust of a written request for a list List of Holders as of a date no more than 14 days before such List of Holders is given to the Institutional Trustee; provided, however, that so long as the Institutional Trustee or an Affiliate of the Institutional Trustee is the Registrar no such list shall be required to be furnished. The Institutional Trustee shall preserve, in as current a form as is reasonably practicable, all information contained in Lists of Holders given to it or which it receives in the capacity as Paying Agent (if acting in such capacity) provided that the Institutional Trustee may destroy any List of Holders previously given to it on receipt of a new List of Holders. (b) The Institutional Trustee shall comply with its obligations under Sections 311(bSection 311(a), 311(b) and 312(b) of the Trust Indenture Act.

Appears in 1 contract

Sources: Declaration of Trust (Bay View Capital Corp)