Common use of Obligations of the Trustor Clause in Contracts

Obligations of the Trustor. Notwithstanding anything herein or in the Standard Terms to the contrary, the Trustor (and not the Trustee) shall undertake, on behalf of the Trust, the Trust’s obligations under Revenue Procedure 2003-84 (or successor guidance), including the obligations of the Trust under Section 11 of the Series Trust Agreement to:

Appears in 4 contracts

Samples: Series Trust Agreement (America First Tax Exempt Investors Lp), Series Trust Agreement (America First Tax Exempt Investors Lp), Custodial Agreement (America First Tax Exempt Investors Lp)

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