Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, the City and State of New York.
Appears in 8 contracts
Samples: Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134), Trust Indenture and Agreement (Government Securities Equity Trust Series 12), Trust Indenture and Agreement (National Municipal Trust Series 164)
Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, York which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, surplus and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, in the City of New York and State of New York.
Appears in 1 contract
Samples: Trust Indenture and Agreement (Voyageur Unit Investment Trust Series 1)
Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, York which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, the City and State of New York.
Appears in 1 contract
Samples: Distribution Agency Agreement (National Equity Trust Forbes Semiconductor Index Trust)
