Common use of Representations and Warranties of the Property Trustee and the Delaware Trustee Clause in Contracts

Representations and Warranties of the Property Trustee and the Delaware Trustee. The Property Trustee and the Delaware Trustee, each severally on behalf of and as to itself, hereby represents and warrants for the benefit of the Depositor and the Holders that: (a) the Property Trustee is a New York banking corporation; (b) the Property Trustee has full corporate power, authority and legal right to execute, deliver and perform its obligations under this Trust Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Trust Agreement; (c) the Delaware Trustee is a banking corporation duly organized, validly existing;

Appears in 6 contracts

Samples: Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Keycorp /New/), Trust Agreement (Keycorp /New/)

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Representations and Warranties of the Property Trustee and the Delaware Trustee. The Property Trustee and the Delaware Trustee, each severally on behalf of and as to itself, hereby represents and warrants for the benefit of the Depositor and the Holders Securityholders that: (a) the Property Trustee is a New York banking corporationduly organized, validly existing and in good standing under the laws of ; (b) the Property Trustee meets the applicable eligibility requirements set forth in Section 8.7, has full corporate power, authority and legal right to execute, deliver and perform its obligations under this Trust Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Trust Agreement; (c) the Delaware Trustee is a Delaware banking corporation duly organized, validly existingexisting and in good standing in the State of Delaware;

Appears in 1 contract

Samples: Trust Agreement (Actuant CORP Capital Trust II)

Representations and Warranties of the Property Trustee and the Delaware Trustee. The Property Trustee and the Delaware Trustee, each severally on behalf of and as to itself, hereby represents and warrants for the benefit of the Depositor and the Holders Securityholders that: (a) the Property Trustee is a New York banking corporation, duly organized,validly existing and in good standing under the laws of the State of Delaware; (b) the Property Trustee has full corporate power, authority and legal right to execute, deliver and perform its obligations under this Trust Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Trust Agreement; (c) the Delaware Trustee is a banking Delaware corporation duly organized, validly existingexisting and in good standing in the State of Delaware;

Appears in 1 contract

Samples: Trust Agreement (First Bank System Inc)

Representations and Warranties of the Property Trustee and the Delaware Trustee. The Property Trustee and the Delaware Trustee, each severally on behalf of and as to itself, hereby represents and warrants for the benefit of the Depositor and the Holders Securityholders that: (a) the Property Trustee is a New York banking corporationcorporation duly organized, validly existing and in good standing under the laws of the State of New York; (b) the Property Trustee has full corporate power, authority and legal right to execute, deliver and perform its obligations under this Trust Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of this Trust Agreement; (c) the Delaware Trustee is a banking corporation duly organized, validly existing;

Appears in 1 contract

Samples: Trust Agreement (Usabancorp Capital Trust I)

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Representations and Warranties of the Property Trustee and the Delaware Trustee. The Property Trustee and the Delaware Trustee, each severally on behalf of and as to itself, hereby represents and warrants for the benefit of the Depositor and the Holders that: (a) the Property Trustee is a New York national banking corporationassociation vadily existing under the laws of the United States of America; (b) the Property Trustee has full corporate power, authority and legal right to execute, deliver and perform its obligations under this Trust Agreement and has taken all necessary action to authorize the execution, delivery and performance by it of its duties under this Trust Agreement; (c) the Delaware Trustee is a Delaware banking corporation duly organized, validly existingcorporation;

Appears in 1 contract

Samples: Trust Agreement (Superior Bancorp)

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