Amendment of Certificate of Trust. Upon the substitution of the successor Registered Trustee, the Board of Trustees or the Manager shall cause to be filed an amendment along with the successor Registered Trustee to the certificate of trust with the Secretary of State of the State of Delaware in accordance with the provisions of Section 3810 of the Trust Act, indicating the change in the Registered Trustee. Except as expressly provided above, all Persons having any claim against the Registered Trustee by reason of the transactions contemplated by this Trust Agreement shall look only to the property and assets of the Trust for payment or satisfaction thereof.
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Samples: Trust Agreement (Chartermac), Trust Agreement (Chartermac), Trust Agreement (Charter Municipal Mortgage Acceptance Co)
Amendment of Certificate of Trust. Upon the substitution of the successor Registered Trustee, the Board of Trustees or the Manager shall cause to be filed file an amendment along with the successor Registered Trustee to the certificate of trust with the Secretary of State of the State of Delaware in accordance with the provisions of Section 3810 of the Trust Act, indicating the change in the Registered Trustee. Except as expressly provided above, all Persons having any claim against the Registered Trustee by reason of the transactions contemplated by this Trust Agreement shall look only to the property and assets of the Trust for payment or satisfaction thereof.
Appears in 2 contracts
Samples: Trust Agreement (Charter Municipal Mortgage Acceptance Co), Trust Agreement (Charter Municipal Mortgage Acceptance Co)
Amendment of Certificate of Trust. Upon the substitution of the successor Registered Trustee, the Board of Trustees or the Manager Manager(s) shall cause to be filed an amendment along with the successor Registered Trustee to the certificate of trust with the Secretary of State of the State of Delaware in accordance with the provisions of Section 3810 of the Trust Act, indicating the change in the Registered Trustee. Except as expressly provided above, all Persons having any claim against the Registered Trustee by reason of the transactions contemplated by this Trust Agreement shall look only to the property and assets of the Trust for payment or satisfaction thereof.
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