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 (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 2 contracts

Sources: Trust Agreement (Century Bancorp Capital Trust), Trust Agreement (Century Bancorp Capital Trust)

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 (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]Securities

Appears in 1 contract

Sources: Trust Agreement (Stifel Financial Capital Trust)