Common use of Corporate Trustee Clause in Contracts

Corporate Trustee. The term “corporate Trustee” shall mean a Trustee which is a banking institution or trust company regularly engaged in the business of trust administration in which no Beneficiary has any controlling interest.

Appears in 63 contracts

Samples: Revocable Living Trust, Oklahoma Revocable Living Trust Of, Missouri Revocable Living Trust Of

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Corporate Trustee. The term “corporate "Corporate Trustee" shall mean any Trustee that is a bank, trust company, or other legal entity and is duly qualified to act in the capacity of a Trustee which is a banking institution or trust company regularly engaged hereunder in the business State of trust administration California, or in any state in which no Beneficiary has any controlling interestthe Trustor is conducting business.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Pacific Ventures Group, Inc.)

Corporate Trustee. The term “corporate Trustee” shall mean a Trustee which is a banking institution or trust company regularly engaged in the business of trust administration in which no Beneficiary beneficiary has any controlling interest.

Appears in 1 contract

Samples: Colorado Revocable Living Trust

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Corporate Trustee. The term “corporate "Corporate Trustee" shall mean a Trustee which is a banking institution or financial institution, trust company regularly engaged in or other company that is authorized under state or federal law to exercise trust powers and meets the business requirements under Section 6.3 and serving from time to time as a trustee pursuant to the provisions of trust administration in which no Beneficiary has any controlling interestthis Agreement.

Appears in 1 contract

Samples: Trust Agreement

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