GRANTOR TRUSTEE Clause Samples
The 'Grantor Trustee' clause defines the appointment and role of a trustee who acts on behalf of the grantor in managing trust assets. Typically, this clause outlines the trustee's powers, duties, and limitations, such as the authority to invest trust property, distribute income, or make administrative decisions, all while acting in the best interests of the grantor. By clearly establishing the trustee's responsibilities and relationship to the grantor, this clause ensures proper management of the trust and helps prevent disputes or mismanagement of trust assets.
GRANTOR TRUSTEE. Authorized Signature for Grantor Authorized Signature for Trustee
GRANTOR TRUSTEE. U.S. Bank National Association, and its successors and assigns or any successor indenture trustee appointed pursuant to the terms of the Grantor Trust Agreement.
GRANTOR TRUSTEE. U.S. Bank National Association, or its successor in interest, or any successor trustee appointed as herein provided.
GRANTOR TRUSTEE. GRANTOR TRUST AGREEMENT Dated AS OF OCTOBER 28, 2004 ------------------------------------------ IMH ASSETS CORP. IMPAC CMB GRANTOR TRUST 2004-9-1 THROUGH 7, GRANTOR TRUST CERTIFICATES, SERIES 2004-9 ------------------ TABLE OF CONTENTS Page ARTICLE I ---- Definitions..............................................................................................2