Trustee's Capital and Surplus. The Trustee shall at all times have a combined capital and surplus of at least $50,000,000. If the Trustee publishes annual reports of condition of the kind described in TIA ss.310(a)(2) its combined capital and surplus for purposes of this Section 7.09 shall be as set forth in the latest such report.
Appears in 4 contracts
Samples: Indenture (National Collegiate Trust 1996-S2), Administration Agreement (National Collegiate Trust 1997-S2), Custodial Agreement (National Collegiate Trust 1996-S2)
Trustee's Capital and Surplus. The Trustee or any successor or substitute trustee shall at all times have a combined capital and surplus of at least $50,000,000. If the Trustee publishes annual reports of condition of the kind type described in TIA ss.310(a)(2) ss. 310(a)(2), its combined capital and surplus for purposes of this Section 7.09 6.09 shall be as set forth in the latest such report.
Appears in 2 contracts
Samples: Mid State Trust Vi, Mid-State Homes Inc
Trustee's Capital and Surplus. The Trustee or any successor or substitute trustee shall at all times have a combined capital and surplus of at least $50,000,000. If the Trustee publishes annual reports of condition of the kind type described in TIA ss.310(a)(2) Section 310(a)(2), its combined capital and surplus for purposes of this Section 7.09 6.09 shall be as set forth in the latest such report.
Appears in 2 contracts
Samples: Mid State Trust Vi, Mid State Trust Vi
