Common use of Initial Contribution of Trust Property; Organizational Expenses Clause in Contracts

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trustees, promptly reimburse the Trustees for any such expenses paid by the Trustees. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 11 contracts

Samples: Trust Agreement (DRH Regrem Xii Lp), Trust Agreement (Semco Capital Trust), Trust Agreement (DRH Regrem Xii Lp)

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Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 9 contracts

Samples: Trust Agreement (Us Home & Garden Trust I), Trust Agreement (Fib Capital Trust), Trust Agreement (First Interstate Bancsystem of Montana Inc)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $1010.00, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 6 contracts

Samples: Trust Agreement (Metropolitan Financial Corp /Oh/), Trust Agreement (Metropolitan Financial Corp /Oh/), Trust Agreement (Apab Capital Trust I)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Issuer Trustee, promptly reimburse the Trustees such Issuer Trustee for any such expenses paid by the Trusteessuch Issuer Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 5 contracts

Samples: Trust Agreement (Cullen Frost Capital Trust Ii), Trust Agreement (State Street Boston Corp), Trust Agreement (Zions Institutional Capital Trust A)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $1025, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 3 contracts

Samples: Trust Agreement (Stifel Financial Corp), Trust Agreement (Lincoln National Corp), Trust Agreement (Stifel Financial Corp)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, and promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 2 contracts

Samples: Trust Agreement (Front Range Capital Trust I), Trust Agreement (Front Range Capital Trust I)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall will pay organizational expenses of the Trust as they arise or shallor, upon request of the Trusteesany Trustee, promptly will reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall will make no claim upon the Trust Property for the payment of such expenses.

Appears in 2 contracts

Samples: Trust Agreement (Caremark Rx Inc), Trust Agreement (Txi Capital Trust I)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $101.00, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 2 contracts

Samples: Trust Agreement (American Community Bancshares Inc), Trust Agreement (Carolina Bank Holdings Inc)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original original Trust Agreement of the sum of $10, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 2 contracts

Samples: Trust Agreement (Ibc Capital Finance), Trust Agreement (Ibc Capital Finance)

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Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10, which constituted constitutes the initial Trust Property. The Depositor shall will pay organizational expenses of the Trust as they arise or shallor, upon request of the Trusteesany Trustee, promptly will reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall will make no claim upon the Trust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Gentiva Health Services Inc)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the execution of the Original Trust Agreement of the sum of $10_____________, which constituted the initial Trust Property. The Depositor shall pay all organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Union Electric Capital Trust I)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $10[____], which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (First Merchants Capital Trust I)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original Trust Agreement of the sum of $101, which constituted the initial Trust Property. The Depositor shall pay organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Texas Utilities Electric Co)

Initial Contribution of Trust Property; Organizational Expenses. The Trustees acknowledge Property Trustee acknowledges receipt in trust from the Depositor in connection with the Original this Trust Agreement of the sum of $10_____________, which constituted constitutes the initial Trust Property. The Depositor shall pay all organizational expenses of the Trust as they arise or shall, upon request of the Trusteesany Trustee, promptly reimburse the Trustees such Trustee for any such expenses paid by the Trusteessuch Trustee. The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

Appears in 1 contract

Samples: Trust Agreement (Union Electric Co)

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