Common use of Administration of Fiduciary Accounts Clause in Contracts

Administration of Fiduciary Accounts. It has properly administered all accounts for which it acts as a fiduciary, including but not limited to accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws and regulations. Neither it nor any of its directors, officers or employees, has committed any breach of trust with respect to any such fiduciary account, and the records for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.

Administration of Fiduciary Accounts. It The Bank has properly administered all accounts for which it acts as a fiduciary, including but not limited to accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws state and regulationsfederal law and regulation and common law. Neither it the Bank nor any of its directors, officers officers, employees or employees, agents has committed any breach of trust with respect to any such fiduciary account, and the records accountings for each such fiduciary account are true true, complete and correct and accurately reflect the assets of such fiduciary account.

Administration of Fiduciary Accounts. It Each of the Seller and its subsidiaries has properly administered in all material respects all accounts for which it acts as a fiduciary, including including, but not limited to to, accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws and regulationslaw. Neither it nor any of its directors, officers or employees, has committed any breach of trust with respect to any such fiduciary account, and the records The accountings for each such fiduciary account are true and correct in all material respects and accurately reflect reflects the assets of such fiduciary account.

Administration of Fiduciary Accounts. It Borrower and each Subsidiary has properly administered all accounts accounts, if any, for which it acts as a fiduciary, including but not limited to accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws and regulations. Neither it nor any of its directors, officers or employees, has committed any breach of trust with respect to any such fiduciary account, and the records for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.

Administration of Fiduciary Accounts. It The Company and each of its Subsidiaries has properly administered all accounts for which it acts as a fiduciary, including but not limited to accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable laws state and regulationsfederal law and regulation and common law. Neither it the Company nor any of its Subsidiaries nor any of their respective directors, officers or employees, employees has committed any breach of trust with respect to any such fiduciary account, and the records for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.of