Common use of Due Formation and Good Standing of the Issuing Trust Clause in Contracts

Due Formation and Good Standing of the Issuing Trust. Such Issuing Trust is a statutory trust, duly formed under Delaware law pursuant to the trust agreement between Wilmington Trust Company, as Delaware trustee (the "RELEVANT ISSUING TRUST TRUSTEE") and Global Funding (the "ISSUING TRUST AGREEMENT") and the filing of a certificate of trust with the Delaware Secretary of State, which is validly existing and in good standing as a statutory trust under the laws of the State of Delaware.

Due Formation and Good Standing of the Issuing Trust. Such Issuing Trust is a statutory trust, duly formed under Delaware law pursuant to the trust agreement between Wilmington Trust Company, as Delaware trustee (the "RELEVANT ISSUING TRUST TRUSTEE"“Relevant Issuing Trust Trustee”) and Global Funding (the "ISSUING TRUST AGREEMENT"“Issuing Trust Agreement”) and the filing of a certificate of trust with the Delaware Secretary of State, which is validly existing and in good standing as a statutory trust under the laws of the State of Delaware.

Due Formation and Good Standing of the Issuing Trust. Such Issuing Trust is a statutory trust, duly formed under Delaware law pursuant to the trust agreement between Wilmington Trust Company, as Delaware trustee (the "RELEVANT ISSUING TRUST TRUSTEERelevant Issuing Trust Trustee") and Global Funding (the "ISSUING TRUST AGREEMENTIssuing Trust Agreement") and the filing of a certificate of trust with the Delaware Secretary of State, which is validly existing and in good standing as a statutory trust under the laws of the State of Delaware.