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Common use of Perpetual Existence Clause in Contracts

Perpetual Existence. Subject to its dissolution as provided in Section 11.2 hereof, the Trust created hereby shall have perpetual existence.

Appears in 4 contracts

Sources: Agreement and Declaration of Trust (Mbia Capital Claymore Managed Duration New Jersey Mun Tru), Agreement and Declaration of Trust (Mbia Capital Claymore Managed Duration National Municipal Tr), Agreement and Declaration of Trust (Mbia Capital Claymore Managed Duration National Municipal Tr)

Perpetual Existence. (a) Subject to its dissolution as provided in Section 11.2 hereof, the Trust created hereby shall have perpetual existence.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Mbia Capital Claymore Managed Duration California Mun Tru)

Related Clauses

  • Legal Existence
  • Preservation of Corporate Existence, Etc
  • Preservation of Corporate Existence
  • Corporate Existence and Standing
  • Formation; Existence

Parent Clauses

  • General Provisions
  • Delegation of Power
  • Notices
  • Dissolution
  • Miscellaneous Provisions

Sub-Clauses

  • Number and Qualification
  • Vacancies
  • Waiver of Notice
  • Notice of Meetings
  • Quorum
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