Delaware Statutory Trust Act definition

Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code.
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Delaware Statutory Trust Act means the provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801, et. seq., as such Act may be amended from time to time.
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Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq., as it may be amended from time to time.
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Examples of Delaware Statutory Trust Act in a sentence

  • The Delaware Trustee shall be one of the trustees of the Trust for the sole and limited purpose of fulfilling the requirements of Section 3807 of the Delaware Statutory Trust Act and for taking such actions as are required to be taken by a Delaware trustee under the Delaware Statutory Trust Act.

  • The Issuer will maintain its existence as a statutory trust under the Delaware Statutory Trust Act and will obtain and maintain its qualification in each jurisdiction in which the qualification is or will be necessary to protect the validity and enforceability of this Indenture, the Notes and the Collateral.

  • The Issuer must have at least one trustee that meets the requirements of Section 3807(a) of the Delaware Statutory Trust Act.

  • The parties intend that the Issuer is a statutory trust under the Delaware Statutory Trust Act and that this Agreement is the governing instrument of the statutory trust.

  • The foregoing opinion is limited to the Federal laws of the United States and the Delaware Statutory Trust Act, and we are expressing no opinion as to the effect of the laws of any other jurisdiction.


More Definitions of Delaware Statutory Trust Act

Delaware Statutory Trust Act means Chapter 38 of Title 12, Part V of the Delaware Code, entitled “Treatment of Delaware Statutory Trusts.”
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Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section 3801, et seq., as amended from time to time.
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Delaware Statutory Trust Act shall have the meaning set forth in Section 2.01.
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Delaware Statutory Trust Act means 12 Del C. § 3801 et seq.
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Delaware Statutory Trust Act has the meaning specified in the Trust Agreement.
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Delaware Statutory Trust Act means the Delaware Statutory Trust Act, as amended.
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Delaware Statutory Trust Act means the provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801, et seq., as such Act may be amended from time to time.
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