Statutory Trust Statute definition

Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

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Statutory Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801, et seq., as the same may be amended from time to time.

Statutory Trust Statute shall have the meaning set forth in Section 1.1 of the Titling Trust Agreement.

Examples of Statutory Trust Statute in a sentence

Upon dissolution of the Issuer, the Administrator shall wind up the business and affairs of the Issuer as required by Section 3808 of the Statutory Trust Statute.
The Owner Trustee has heretofore filed the Certificate of Trust with the Secretary of State of the State of Delaware as required by Section 3810(a) of the Statutory Trust Statute, such filing hereby being ratified and approved in all respects.
Notwithstanding anything herein or in the Statutory Trust Statute to the contrary, it is the intention of the parties hereto that (i) the Issuer constitute a “business trust” within the meaning of Section 101(9)(A)(v) of the Bankruptcy Code and (ii) the Issuer be and remain a separate legal entity under Delaware law.
It is the intention of the parties hereto that the Issuer constitute a statutory trust under the Statutory Trust Statute and that this Agreement constitute the governing instrument of such statutory trust.
After the termination of the Indenture in accordance with its terms, the Certificate Paying Agent, in accordance with the written direction of the Administrator pursuant to Section 9.1(a), shall distribute all amounts received (if any) by the Issuer, the Certificate Paying Agent and the Owner Trustee in respect of the Trust Estate to or at the direction of the Certificateholders subject to Section 3808(e) of the Statutory Trust Statute.

More Definitions of Statutory Trust Statute

Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section 3801, et seq., as the same may be amended from time to time.

Statutory Trust Statute. Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Sections 3801 et seq., as the same may be amended from time to time.

Statutory Trust Statute has the meaning specified in the Trust Agreement.

Statutory Trust Statute. As defined in Section 1A.03. Delaware Trustee: Deutsche Bank Trust Company Delaware.

Statutory Trust Statute shall have the meaning set forth in Section 1.1.

Statutory Trust Statute means the Delaware Statutory Trust Act, 12 Del. Code §3801 et seq. “Structuring Advisor” means The First Marblehead Corporation.

Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section 3801 et seq. “Subject Leases” means, for any Asset Review, all 2022-A Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.