Christiana Bank. Trust Company, in its capacity as Trustee, shall not have any of the powers or duties of the Trustees set forth herein (except as may be required under the Statutory Trust Act) and shall be a Trustee of the Trust for the sole purpose of satisfying the requirements of Section 3807 of the Statutory Trust Act and to accept the contribution referenced in Section 2.
Appears in 2 contracts
Samples: Declaration of Trust (AMG Capital Trust III), Declaration of Trust (AMG Capital Trust I)
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 (except as may be required under the Statutory Trust Act) and shall be a Trustee of the Trust trust for the sole purpose of satisfying the requirements of Section 3807 of the Statutory Business Trust Act and to accept the contribution referenced in Section 2Act.
Appears in 2 contracts
Samples: Trust Agreement (Seacoast Financial Services Corp), Trust Agreement (Seacoast Financial Services Corp)
