Common use of CONCERNING THE TRUSTEE 27 Clause in Contracts

CONCERNING THE TRUSTEE 27. Section 7.01. Certain Duties and Responsibilities of Trustee. 27 Section 7.02. Certain Rights of Trustee. 29 Section 7.03. Trustee Not Responsible for Recitals or Issuance or Securities. 31 Section 7.04. May Hold Securities. 31 Section 7.05. Moneys Held in Trust. 31 Section 7.06. Compensation and Reimbursement. 31 Section 7.07. Reliance on Officer’s Certificate. 32 Section 7.08. Disqualification; Conflicting Interests. 32 Section 7.09. Corporate Trustee Required; Eligibility. 33 Section 7.10. Resignation and Removal; Appointment of Successor. 33 Section 7.11. Acceptance of Appointment By Successor. 34 Section 7.12. Merger, Conversion, Consolidation or Succession to Business. 35 Section 7.13. Preferential Collection of Claims Against the Company. 36 Section 7.14. Notice of Default. 36 ARTICLE VIII CONCERNING THE SECURITYHOLDERS 36 Section 8.01. Evidence of Action by Securityholders. 36 Section 8.02. Proof of Execution by Securityholders. 37 Section 8.03. Who May be Deemed Owners. 37 Section 8.04. Certain Securities Owned by Company Disregarded. 37 Section 8.05. Actions Binding on Future Securityholders. 38

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. Trustee 29 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 31 Section 7.04. 7.04 May Hold Securities. Securities 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. Reimbursement 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the Company. Company 36 Section 7.14. 7.14 Notice of Default. 36 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 Section 8.01. 8.01 Evidence of Action by Securityholders. Securityholders 36 Section 8.02. 8.02 Proof of Execution by Securityholders. Securityholders 37 Section 8.03. 8.03 Who May be Deemed Owners. Owners 37 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. Securityholders 38

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. Trustee 29 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 31 Section 7.04. 7.04 May Hold Securities. Securities 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. 31 Reimbursement 32 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. 32 Interests 33 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. Eligibility 33 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the Company. Company 36 Section 7.14. 7.14 Notice of Default. 36 ARTICLE VIII CONCERNING THE SECURITYHOLDERS 36 Section 8.01ii. Evidence of Action by Securityholders. 36 Section 8.02. Proof of Execution by Securityholders. 37 Section 8.03. Who May be Deemed Owners. 37 Section 8.04. Certain Securities Owned by Company Disregarded. 37 Section 8.05. Actions Binding on Future Securityholders. 38TABLE OF CONTENTS (CONTINUED) PAGE

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. 29 Trustee 28 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 30 Section 7.04 May Hold Securities 31 Section 7.04. May Hold Securities. 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. Reimbursement 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 TABLE OF CONTENTS (continued) Page Section 7.13. 7.13 Preferential Collection of Claims Against the Company. 36 Company 35 Section 7.14. 7.14 Notice of Default. 36 Default 35 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 Section 8.01. 8.01 Evidence of Action by Securityholders. Securityholders 36 Section 8.02. 8.02 Proof of Execution by Securityholders. Securityholders 37 Section 8.03. 8.03 Who May be Deemed Owners. Owners 37 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. 38Securityholders 37

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. Trustee 29 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 31 Section 7.04. 7.04 May Hold Securities. Securities 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. Reimbursement 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the Company. Company 36 Section 7.14. 7.14 Notice of Default. Default 36 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 Section 8.01. 8.01 Evidence of Action by Securityholders. Securityholders 36 Section 8.02. 8.02 Proof of Execution by Securityholders. Securityholders 37 Section 8.03. 8.03 Who May be Deemed Owners. Owners 37 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. Securityholders 38

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. 29 Trustee 28 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. 31 Securities 30 Section 7.04. 7.04 May Hold Securities. 31 Securities 30 Section 7.05. 7.05 Moneys Held in Trust. Trust 30 Section 7.06 Compensation and Reimbursement 31 Section 7.06. Compensation and Reimbursement. 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. 32 Certificate 31 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. 33 Successor 32 Section 7.11. 7.11 Acceptance of Appointment By Successor. 34 Successor 33 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to BusinessBusiness 35 3. 35 TABLE OF CONTENTS (CONTINUED) PAGE Section 7.13. 7.13 Preferential Collection of Claims Against the Company. 36 Company 35 Section 7.14. 7.14 Notice of Default. 36 35 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 35 Section 8.01. 8.01 Evidence of Action by Securityholders. 36 Securityholders 35 Section 8.02. 8.02 Proof of Execution by Securityholders. 37 Securityholders 36 Section 8.03. 8.03 Who May be Deemed Owners. 37 Owners 36 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. 38Securityholders 37

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. Trustee 29 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 31 Section 7.04. 7.04 May Hold Securities. 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. Reimbursement 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the CompanyCompany 36 ii. 36 126534485 v2 TABLE OF CONTENTS (CONTINUED) PAGE Section 7.14. 7.14 Notice of Default. Default 36 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 Section 8.01. 8.01 Evidence of Action by Securityholders. Securityholders 36 Section 8.02. 8.02 Proof of Execution by Securityholders. Securityholders 37 Section 8.03. 8.03 Who May be Deemed Owners. Owners 37 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. Securityholders 38

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. 29 Trustee 28 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or SecuritiesSecurities 30 ii. 31 TABLE OF CONTENTS PAGE Section 7.04. 7.04 May Hold Securities. 31 Securities 30 Section 7.05. 7.05 Moneys Held in Trust. Trust 30 Section 7.06 Compensation and Reimbursement 31 Section 7.06. Compensation and Reimbursement. 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. 32 Certificate 31 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. 33 Successor 32 Section 7.11. 7.11 Acceptance of Appointment By Successor. 34 Successor 33 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the Company. 36 Company 35 Section 7.14. 7.14 Notice of Default. 36 ARTICLE VIII CONCERNING THE SECURITYHOLDERS 36 Section 8.01. Evidence of Action by Securityholders. 36 Section 8.02. Proof of Execution by Securityholders. 37 Section 8.03. Who May be Deemed Owners. 37 Section 8.04. Certain Securities Owned by Company Disregarded. 37 Section 8.05. Actions Binding on Future Securityholders. 3835

CONCERNING THE TRUSTEE 27. Section 7.01. 7.01 Certain Duties and Responsibilities of Trustee. Trustee 27 Section 7.02. 7.02 Certain Rights of Trustee. Trustee 29 Section 7.03. 7.03 Trustee Not Responsible for Recitals or Issuance or Securities. Securities 31 Section 7.04. 7.04 May Hold Securities. Securities 31 Section 7.05. 7.05 Moneys Held in Trust. Trust 31 Section 7.06. 7.06 Compensation and Reimbursement. Reimbursement 31 Section 7.07. 7.07 Reliance on Officer’s Certificate. Certificate 32 Section 7.08. 7.08 Disqualification; Conflicting Interests. Interests 32 Section 7.09. 7.09 Corporate Trustee Required; Eligibility. 33 Eligibility 32 Section 7.10. 7.10 Resignation and Removal; Appointment of Successor. Successor 33 Section 7.11. 7.11 Acceptance of Appointment By Successor. Successor 34 Section 7.12. 7.12 Merger, Conversion, Consolidation or Succession to Business. Business 35 Section 7.13. 7.13 Preferential Collection of Claims Against the Company. 36 Company 35 Section 7.14. 7.14 Notice of Default. 36 ARTICLE VIII 8 CONCERNING THE SECURITYHOLDERS 36 Section 8.01. 8.01 Evidence of Action by Securityholders. Securityholders 36 Section 8.02. 8.02 Proof of Execution by Securityholders. 37 Securityholders 36 Section 8.03. 8.03 Who May be Deemed Owners. Owners 37 Section 8.04. 8.04 Certain Securities Owned by Company Disregarded. Disregarded 37 Section 8.05. 8.05 Actions Binding on Future Securityholders. 38Securityholders 37