Administrative Trustee. (a) The initial Administrative Trustee shall be Barclays Global Investors, N.A.
(b) Except as expressly set forth in this Agreement, any power of the Administrative Trustee may be exercised by, or with the consent of, any one (1) or more Administrative Trustees.
(c) Except as otherwise required by the Act, the Administrative Trustee is authorized to execute on behalf of the Trust any documents that the Administrative Trustee has the power and authority to cause the Trust to execute pursuant to this Agreement.
Administrative Trustee. Affiliate....................................................................................
Administrative Trustee. The Administrative Trustee shall have no obligation or duty to manage the Trust Property and, except as required by Applicable Law, its duties shall be limited to the following:
(a) serve as registered agent for service of process for the Trust under Section 3804(b) of the Act;
(b) serve as the Delaware resident trustee under Section 3807(a) of the Act;
(c) maintain a registered office of the Trust;
(d) perform all other requirements so that the Trust qualifies as a Delaware Statutory Trust under the Act;
(e) obtaining the Management Trustee’s prior written consent before taking any action or incurring any expense that is permitted or required to be taken under this Trust Agreement, unless expressly required by Applicable Law; and
(f) providing notice of resignation in accordance with the requirements of Section XI of this Trust Agreement.
Administrative Trustee. 2 applicants......................................................2
Administrative Trustee. The Administrative Trustee is appointed to serve as the trustee of the Trust in the State of Delaware for the purpose of satisfying the requirement of Section 3807(a) of the Delaware Statutory Trust Act that the Trust have at least one trustee with a principal place of business in Delaware. It is understood and agreed by the parties hereto that the Administrative Trustee shall have none of the duties or liabilities of the other parties and no such duties shall be implied. The duties of the Administrative Trustee shall be limited to (i) accepting legal process served on the Trust in the State of Delaware, (ii) the execution of any certificates required to be filed with the Secretary of State of the State of Delaware which the Administrative Trustee is required to execute under Section 3811 of the Delaware Statutory Trust Act, and (iii) any other duties specifically allocated to the Administrative Trustee in this Trust Agreement. To the extent that, at law or in equity, the Administrative Trustee has duties (including fiduciary duties) and liabilities relating thereto to the Trust or the Beneficiaries, it is hereby understood and agreed by the other parties hereto that such duties and liabilities are replaced by the duties and liabilities of the Administrative Trustee expressly set forth in this Trust Agreement. The Administrative Trustee shall not be obligated to give any bond or other security for the performance of any of its duties hereunder.
Administrative Trustee. The term “
Administrative Trustee. The initial Administrative Trustee shall be:
Administrative Trustee. By: ------------------------------------------------ Name: ------------------------------------------ EXHIBIT C AGREEMENT AS TO EXPENSES AND LIABILITIES AGREEMENT AS TO EXPENSES AND LIABILITIES (this "Agreement") dated as of [____________], between FIRST MERCHANTS CORPORATION, an Indiana corporation (the "Company"), and FIRST MERCHANTS CAPITAL TRUST [I/II/III], a Delaware business trust (the "Trust").
Administrative Trustee. 2 Affiliate . . . . . . . . . . . . . . . . . . . . . . . 2
Administrative Trustee. (a) As of the date of this Agreement, the Administrative Trustee is BlackRock Institutional Trust Company, N.A.
