Common use of Trust Company Enforceability, etc Clause in Contracts

Trust Company Enforceability, etc. The Trust Agreement and each other Operative Agreement to which Trust Company or the Owner Trustee, as the case may be, is a party have been, or on or before the Initial Closing Date will be, duly executed and delivered by Trust Company or the Owner Trustee, as the case may be, and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investors, the Trust Agreement and each such other Operative Agreement to the extent entered into by the Trust Company constitutes, or upon execution and delivery will constitute, a legal, valid and binding obligation enforceable against Trust Company in accordance with the terms thereof.

Trust Company Enforceability, etc. The Trust Agreement and, ---------------------------------- assuming the Trust Agreement is the legal, valid and binding obligation of each Investor, each other Operative Agreement to which the Trust Company or the Owner TrusteeTrust, as the case may be, is a party have been, or on or before the Initial Closing Date will be, duly executed and delivered by the Trust Company or the Owner TrusteeTrust, as the case may be, and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investors, the Trust Agreement and each such other Operative Agreement to the extent entered into by the Trust Company constitutes, or upon execution and delivery will constitute, a legal, valid and binding obligation enforceable against the Trust Company in accordance with the terms thereof.

Trust Company Enforceability, etc. The Trust Agreement and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investor, each other Operative Agreement to which Trust Company or the Owner TrusteeTrust, as the case may be, is a party have been, or on or before the Initial Closing Date will be, duly executed and delivered by Trust Company or the Owner TrusteeTrust, as the case may be, and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investors, the Trust Agreement and each such other Operative Agreement to the extent entered into by the Trust Company constitutes, or upon execution and delivery will constitute, a legal, valid and binding obligation enforceable against Trust Company in accordance with the terms thereof.

Trust Company Enforceability, etc. The Trust Agreement and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investors, each other Operative Agreement to which Trust Company or the Owner TrusteeLessor, as the case may be, is a party have been, or on or before the Initial Closing Date will be, duly executed and delivered by Trust Company or the Owner TrusteeLessor, as the case may be, and, assuming the Trust Agreement is the legal, valid and binding obligation of the Investors, the Trust Agreement and each such other Operative Agreement to the extent entered into by the Trust Company constitutes, or upon execution and delivery will constitute, a legal, valid and binding obligation enforceable against Trust Company in accordance with the terms thereof.