Common use of Compliance with Delaware Statutory Trust Act Clause in Contracts

Compliance with Delaware Statutory Trust Act. The Issuer must have at least one trustee that meets the requirements of Section 3807(a) of the Delaware Statutory Trust Act.

Appears in 107 contracts

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-B)

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Compliance with Delaware Statutory Trust Act. The Notwithstanding anything in this Agreement to the contrary, the Issuer must have at least one trustee that meets the requirements of Section 3807(a) of the Delaware Statutory Trust Act.

Appears in 71 contracts

Samples: Trust Agreement (Ford Credit Floorplan LLC), Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-B)

Compliance with Delaware Statutory Trust Act. The Issuer Trust must have at least one trustee that meets the requirements of Section 3807(a) of the Delaware Statutory Trust Act.

Appears in 4 contracts

Samples: Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)

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Compliance with Delaware Statutory Trust Act. The Notwithstanding anything herein to the contrary, the Issuer must will at all times have at least one trustee that meets the requirements of Section 3807(a) of the Delaware Statutory Trust Act.

Appears in 2 contracts

Samples: Trust Agreement (Nissan Wholesale Receivables Corp Ii), Trust Agreement (Nissan Wholesale Receivables Corp Ii)

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