Existence of Trust. (a) Subject to clauses (b) and (c) of this Section 3.04, the Trust will keep in full effect its existence, rights and franchises as a business trust under the laws of the State of Delaware or under the laws of any other state of the United States of America, and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Indenture, the Notes and the other Basic Documents.
Existence of Trust. 13 Section 3.05. Protection of Trust Estate.................................................................13 Section 3.06. Opinions as to the Trust Estate............................................................14 Section 3.07. Performance of Obligations.................................................................14 Section 3.08. Investment Company Act.....................................................................15 Section 3.09. Negative Covenants.........................................................................15 Section 3.10. Annual Statement as to Compliance..........................................................16 Section 3.11.
Existence of Trust. The Trust has been duly created and is validly existing in good standing as a business trust under the Delaware Act, is and will be treated as a "grantor trust" for federal income tax purposes under existing law, has the business trust power and authority to conduct its business as presently conducted and as described in the Prospectus, and is not required to be authorized to do business in any other jurisdiction.
Existence of Trust. 6 (viii) Common Securities......................................6 (ix) Authorization of Declaration...........................6 (x) Guarantee Agreement....................................7 (xi) Preferred Securities...................................7 (xii) Authorization of Indenture.............................7 (xiii) Authorization of Debentures............................7 (xiv) Authorization of Agreement.............................8 (xv) Absence of Defaults and Conflicts......................8 (xvi) Absence of Proceedings.................................8 (xvii) Possession of Licenses and Permits.....................9 (xviii) Compliance with Cuba Act...............................9 (xix) Investment Company Act.................................9 (xx) Contracts..............................................9 (xxi) Environmental Laws.....................................9 (b) Officer's Certificates.............................................9
Existence of Trust. The Trust has been duly created and is ------------------ validly existing in good standing as a business trust under the Delaware Act, is and under current law will be treated as a "grantor trust" for federal income tax purposes under existing law, has the business trust power and authority to own property and conduct its business as presently conducted and as described in the Prospectus and to enter into and perform its obligations under this Agreement, the Preferred Securities, the Common Securities and the Declaration, and is not required to be authorized to do business in any other jurisdiction. The Trust is not a party to or otherwise bound by any agreement other than those described in the Prospectus as agreements to which the Trust is or will become a party.
Existence of Trust. The Plans that you selected above (the “Sponsoring Employer Plans”) are provided under the Microsoft Alumni Network Benefits Trust (“MSANBT”). GBS Administrators, Inc., the Trust’s contracted Third Party Administrator (“GBS”), or its successor, will send each Sponsoring Employer a monthly invoice. GBS’, or its successor’s, responsibility includes but is not limited to eligibility and customer service. In the event of 30 or more days of non-payment of premium, MSANBT and GBS have the right to discontinue the processing of claims, retroactive to the date of non-payment and terminate this agreement. You may obtain a copy of the Microsoft Alumni Network Benefit Trust Agreement (the “Trust Agreement”) by making a written request to Microsoft Alumni Network, 000 0xx Xxx, Xxx. 000, Xxxxxxx, XX 00000.
Existence of Trust. The Sponsor has entered into a Trust Agreement with the Trustee to hold the funds accumulated in the retirement income accounts administered by EPC Benefit Resources Inc. under the Plan. The Trust Agreement shall be deemed to be a part of this Plan, and all rights of Participants or others under this Plan shall be subject to the provisions of the Trust Agreement.
Existence of Trust. The Trust has been duly created and is validly existing as a business trust in good standing under the Delaware Act, with power and authority to own, lease and operate its properties and conduct its business as described in the Prospectus, and is not required to be authorized to do business in any other jurisdiction; all the outstanding beneficial ownership interests in the assets of the Trust have been duly and validly authorized and issued, are fully paid and non-assessable and conform to the descriptions thereof contained in the Prospectus; and the Trust is and will be treated as a "grantor trust" for federal income tax purposes under existing law.
Existence of Trust. If Guarantor is a trust, Guarantor is duly organized and validly existing, and the trustees of Guarantor are qualified to act in such capacity.
Existence of Trust. If Trustor is a trust, Trustor is duly organized and validly existing, and the trustees of Trustor are qualified to act in such capacity.
