Common use of Authorization and Qualification of Trustee Clause in Contracts

Authorization and Qualification of Trustee. Each of the Trustee and Delaware Trustee is a national banking association duly authorized and empowered to act as trustee or Delaware Trustee, as applicable, of the Trust pursuant to the Organizational Trust Agreement and the Trust Agreement.

Authorization and Qualification of Trustee. Each of the Trustee and Delaware Trustee is a national banking association duly authorized and empowered to act as trustee or Delaware Trustee, as applicable, of the Trust pursuant to the Organizational Trust Agreement and the Trust Agreement. Any certificate signed by the Trustee and delivered to the Representatives or counsel for the Underwriters in connection with the offering of the Units shall be deemed a representation and warranty by the Trust, as to matters covered thereby, to each Underwriter.

Authorization and Qualification of Trustee. Each of the Trustee and Delaware Trustee is a national banking association duly authorized and empowered to act as trustee or Delaware Trustee, as applicable, of the Trust pursuant to the Organizational Trust Agreement and the Trust Agreement. Any certificate signed by the Trustee and delivered to the Underwriter or counsel for the Underwriter in connection with the offering of the Units shall be deemed a representation and warranty by the Trust, as to matters covered thereby, to the Underwriter.