Common use of Trust Business Clause in Contracts

Trust Business. The Company and each of its Subsidiaries has properly administered all accounts for which it acts as a fiduciary, including accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the governing documents and applicable Law. None of the Company, any of its Subsidiaries, or any director, officer or employee of the Company or of any of its Subsidiaries, has committed any breach of trust or fiduciary duty with respect to any such fiduciary account, and the accountings for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.

Trust Business. The Company and In the case of the Company: each of it and its Subsidiaries subsidiaries has properly administered all accounts for which it acts as a fiduciary, including accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the applicable governing documents and applicable Lawlaws and regulations. None of the CompanyNeither it nor its subsidiaries have, nor has any of its Subsidiariestheir respective directors, officers or any directoremployees, officer or employee of the Company or of any of its Subsidiaries, has committed any breach of trust or fiduciary duty with respect to any such fiduciary account, and the . The accountings for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.

Trust Business. The Each of Company and each of its Subsidiaries has properly administered all accounts for which it acts as a fiduciary, including accounts for which it serves as a trustee, agent, custodian, personal representative, guardian, conservator or investment advisor, in accordance with the terms of the applicable governing documents and applicable Lawlaws and regulations. None of the CompanyNeither Company nor its Subsidiaries have, nor have any of its Subsidiariestheir respective directors, officers or any directoremployees, officer or employee of the Company or of any of its Subsidiaries, has committed any breach of trust or fiduciary duty with respect to any such fiduciary account, and the . The accountings for each such fiduciary account are true and correct and accurately reflect the assets of such fiduciary account.