Christiana Bank Clause Samples
The 'Christiana Bank' clause designates Christiana Bank as a specific party or entity referenced within the agreement, typically in the context of financial transactions or obligations. This clause may clarify the bank's role, such as acting as a lender, agent, or account holder, and can specify details like account numbers, responsibilities, or points of contact. Its core function is to ensure clarity and precision regarding the involvement of Christiana Bank, thereby reducing ambiguity and potential disputes about the bank's identity or role in the contractual arrangement.
Christiana Bank. Trust Company, in its capacity as Trustee, shall not have any of the powers or duties of the Regular Trustees set forth herein and shall be a Trustee of the trust for the sole purpose of satisfying the requirements of Section 3807 of the Business Trust Act.
Christiana Bank. Trust Company has the corporate power and authority to execute, deliver and perform its obligations under, and has taken all necessary corporate action to authorize the execution, delivery and performance of, the Trust Agreement and to consummate the transactions contemplated thereby;