Common use of PREFERRED SECURITIES CERTIFICATES Clause in Contracts

PREFERRED SECURITIES CERTIFICATES. (a) Each owner shall receive a Preferred Securities Certificate representing such owner's interest in such Preferred Securities. Upon the issuance of Preferred Securities Certificates, the Trustees shall recognize the record holders of the Preferred Securities Certificates as Securityholders. The Preferred Securities Certificates shall be printed, lithographed or engraved or may be produced in any other manner as is reasonably acceptable to the Administrative Trustees, as evidenced by the execution thereof by the Administrative Trustees or any one of them. (b) A single Common Securities Certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive Common Securities Certificate. SECTION 512. [INTENTIONALLY OMITTED] SECTION 513. [INTENTIONALLY OMITTED]

Appears in 3 contracts

Sources: Trust Agreement (Peoples Bancshares Inc), Trust Agreement (Abington Bancorp Capital Trust), Trust Agreement (Peoples Bancshares Inc)

PREFERRED SECURITIES CERTIFICATES. (a) Each owner shall receive a Preferred Securities Certificate representing such owner's interest in such Preferred Securities. Upon the issuance of Preferred Securities Certificates, the Trustees shall recognize the record holders of the Preferred Securities Certificates as Securityholders. The Preferred Securities Certificates shall be printed, lithographed or engraved or may be produced in any other manner as is reasonably acceptable to the Administrative Trustees, as evidenced by the execution thereof by the Administrative Trustees or any one of them. (b) A single Common Securities Certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive Common Securities Certificate. SECTION 512. [INTENTIONALLY OMITTEDIntentionally Omitted] SECTION 513. [INTENTIONALLY OMITTEDIntentionally Omitted]

Appears in 2 contracts

Sources: Trust Agreement (Southwest Bancorp Inc), Trust Agreement (Southwest Bancorp Inc)

PREFERRED SECURITIES CERTIFICATES. (a) Each owner shall receive a Preferred Securities Certificate representing such owner's interest in such Preferred Securities. Upon the issuance of Definitive Preferred Securities Certificates, the Trustees shall recognize the record holders of the Definitive Preferred Securities Certificates as Securityholders. The Definitive Preferred Securities Certificates shall be printed, lithographed or engraved or may be produced in any other manner as is reasonably acceptable to the Administrative Trustees, as evidenced by the execution thereof by the Administrative Trustees or any one of them. (b) A single Common Securities Certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive Common Securities Certificate. SECTION 512. [INTENTIONALLY OMITTED] ]. SECTION 513. [INTENTIONALLY OMITTED].

Appears in 1 contract

Sources: Trust Agreement (1st Source Capital Trust Ii)

PREFERRED SECURITIES CERTIFICATES. (a) Each owner shall receive a Preferred Securities Certificate representing such owner's interest in such Preferred Securities. Upon the issuance of Definitive Preferred Securities Certificates, the Trustees shall recognize the record holders of the Definitive Preferred Securities Certificates as Securityholders. The Definitive Preferred Securities Certificates shall be printed, lithographed or engraved or may be produced in any other manner as is reasonably acceptable to the Administrative Trustees, as evidenced by the execution thereof by the Administrative Trustees or any one of them. (b) A single Single Common Securities Certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive Common Securities Certificate. SECTION 512. [INTENTIONALLY OMITTED] SECTION 513. [INTENTIONALLY OMITTED].

Appears in 1 contract

Sources: Trust Agreement (First Banks Inc)

PREFERRED SECURITIES CERTIFICATES. (a) Each owner shall receive a Preferred Securities Certificate representing such owner's interest in such Preferred Securities. Upon the issuance of Definitive Preferred Securities Certificates, the Trustees shall recognize the record holders of the Definitive Preferred Securities Certificates as Securityholders. The Definitive Preferred Securities Certificates shall be printed, lithographed or engraved or may be produced in any other manner as is reasonably acceptable to the Administrative Trustees, as evidenced by the execution thereof by the Administrative Trustees or any one of them. (b) A single Common Securities Certificate representing the Common Securities shall be issued to the Depositor in the form of a definitive Common Securities Certificate. SECTION 512. [INTENTIONALLY OMITTED] SECTION 513. [INTENTIONALLY OMITTED].

Appears in 1 contract

Sources: Trust Agreement (Ifc Capital Trust I)