Common use of Good Standing of the Trust Clause in Contracts

Good Standing of the Trust. The Trust has been duly created and is validly existing as a statutory trust in good standing under the laws of the State of Delaware and has power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this Agreement and the Trust Agreements; and the Trust is duly qualified to transact business and is in good standing under the laws of each jurisdiction which requires qualification.

Good Standing of the Trust. The Trust has been duly created and is validly existing in good standing as a statutory trust in good standing under the laws of Delaware Act with the State of Delaware and has power and authority to own, lease and operate its properties own property and to conduct its business as described provided in the Registration StatementDeclaration, the Preliminary Prospectus and the Prospectus and to enter into and perform its obligations under this Agreement the Operative Documents to which it is a party, and to issue the Capital Securities and the Trust AgreementsCommon Securities; and the Trust is duly qualified not a party to transact business and or otherwise bound by any agreement other than the Operative Documents to which it is in good standing under the laws of each jurisdiction which requires qualificationa party.

Good Standing of the Trust. The Trust has been duly created organized and is validly existing as a statutory trust in good standing under the laws of the State of Delaware and has statutory trust power and authority to own, lease and operate its properties and to conduct its business as described in the Registration Statement, the Preliminary Prospectus and the Prospectus prospectus and to enter into and perform its obligations under this Agreement and the Trust AgreementsAgreement; and the Trust is duly qualified as a foreign statutory trust to transact business and is in good standing under in each other jurisdiction in which such qualification is required, whether by reason of the laws ownership or leasing of each jurisdiction which requires qualificationproperty or the conduct of business.