Qualifications of Administrative Trustees and Delaware Trustee Generally. Each Administrative Trustee and the Delaware Trustee (unless the Property Trustee also acts as Delaware Trustee) shall be either a natural person who is at least 21 years of age or a legal entity that shall act through one or more Authorized Officers.
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Samples: Trust Agreement (USB Capital XII), Trust Agreement (Disney Capital Trust Iii), Trust Agreement (Fonovisa Inc)
Qualifications of Administrative Trustees and Delaware Trustee Generally. Each Administrative Trustee and the Delaware Trustee (unless the Property Institutional Trustee also acts as Delaware Trustee) shall be either a natural person who is at least 21 years of age or a legal entity that shall act through one or more Authorized Officers.
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Qualifications of Administrative Trustees and Delaware Trustee Generally. Each Administrative Trustee and the Delaware Trustee (unless the Property Trustee also acts as Delaware Trustee) shall be either a natural person who is at least 21 years of age and who is a citizen of the United States or a legal entity entity, organized under the laws of any State of the United States, that shall act through one or more Authorized Officers. No Administrative Trustee shall be a resident of the United Kingdom.
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Qualifications of Administrative Trustees and Delaware Trustee Generally. Each Administrative Trustee and the Delaware Trustee (unless the Property Trustee also acts as Delaware Trustee) shall be either a natural person who is at least 21 years of age and who is a citizen of the United States or a legal entity entity, organized under the laws of any State of the United States, that shall act through one or more Authorized Officers.
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