Common use of Concerning the Delaware Trustee Clause in Contracts

Concerning the Delaware Trustee. (a) The Delaware Trustee is appointed to serve as the trustee of the Trust in the State of Delaware for the sole purpose of satisfying the requirement pursuant to Section 3807(a) of the DSTA that the Trust have at least one trustee which has its principal place of business in the State of Delaware. The Trust shall have at least one other trustee (other than the Delaware Trustee) to perform all obligations and duties other than fulfilling the Trust’s obligations pursuant to Section 3807(a) of the DSTA.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration of Trust (BlackRock Private Credit Fund)

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Concerning the Delaware Trustee. (a) The Delaware Trustee is appointed to serve as the trustee of the Trust in the State of Delaware for the sole purpose of satisfying the requirement pursuant to Section 3807(a) of the DSTA Delaware Act that the Trust have at least one trustee which has its principal place of business in the State of Delaware. The Trust shall have at least one other trustee (other than the Delaware Trustee) to perform all obligations and duties other than fulfilling the Trust’s obligations pursuant to Section 3807(a) of the DSTADelaware Act.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Axxes Private Markets Fund)

Concerning the Delaware Trustee. (a) The Delaware Trustee is appointed to serve as the trustee of the Trust Company in the State of Delaware for the sole purpose of satisfying the requirement pursuant to Section 3807(a) of the DSTA Statutory Trust Act that the Trust Company have at least one trustee which has its principal place of business in the State of Delaware. The Trust Company shall have at least one other trustee (other than the Delaware Trustee) to perform all obligations and duties other than fulfilling the TrustCompany’s obligations pursuant to Section 3807(a) of the DSTAStatutory Trust Act.

Appears in 1 contract

Samples: Agreement and Declaration (PGIM Private Credit Fund)

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Concerning the Delaware Trustee. (ai) The Delaware Trustee is appointed to serve as the trustee of the Trust in the State of Delaware for the sole purpose of satisfying the requirement pursuant to Section 3807(a) of the DSTA that the Trust have at least one trustee which has its principal place of business in the State of Delaware. The Trust shall have at least one other trustee (other than the Delaware Trustee) to perform all obligations and duties other than fulfilling the Trust’s obligations pursuant to Section 3807(a) of the DSTA.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BlackRock Private Credit Fund)

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