Corporate Trustee Requirement Eligibility. There shall at all times be a Trustee hereunder which shall (a) be a depository institution, banking corporation or trust company organized and doing business under the laws of the United States of America or of any state, authorized under such laws to exercise corporate trust powers and (b) meet the requirements of an Eligible Financial Institution. If at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.
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Samples: Indenture (Iconix Brand Group, Inc.), Iconix Brand Group, Inc., Indenture (Iconix Brand Group, Inc.)
