Common use of Appointment of Delaware Trustee Clause in Contracts

Appointment of Delaware Trustee. The Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment effective as of the date hereof, to have all the rights, powers and duties set forth herein. The Delaware Trustee will hold the Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Issuer under the Transaction Documents.

Appears in 24 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Appointment of Delaware Trustee. The Depositor hereby appoints the Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein. The herein and in the Delaware Trustee will hold the Statutory Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Issuer under the Transaction DocumentsAct.

Appears in 15 contracts

Samples: Trust Agreement (Higher Education Funding I), Trust Agreement (Collegiate Funding Services Education Loan Trust 2005-A), Trust Agreement (Goal Capital Funding, LLC)

Appointment of Delaware Trustee. The Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment effective as of the date hereof, to have all the rights, powers and duties set forth herein. The Delaware Trustee will hold the Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Issuer under the Transaction Documents.Documents.β€Œ

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Appointment of Delaware Trustee. The Certificateholders hereby appoint the Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment Trust effective as of the date hereof, to have all of the rights, powers powers, authority, authorization and duties set forth herein. The Delaware Trustee will hold herein and in the Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Issuer under the Transaction DocumentsStatute. Section 2.11.

Appears in 1 contract

Samples: Trust Agreement (Nelnet Student Loan Funding LLC)

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Appointment of Delaware Trustee. The Depositor hereby appoints the Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein. The herein and in the Delaware Trustee will hold the Business Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the Certificateholders, subject to the obligations of the Issuer under the Transaction DocumentsAct.

Appears in 1 contract

Samples: Trust Agreement (Higher Education Funding I)

Appointment of Delaware Trustee. The Delaware Trustee is hereby appointed as the trustee of the Issuer and accepts such appointment effective as of the date hereof, to have all the rights, powers and duties set forth herein. The Delaware Trustee will hold the Trust Estate in trust upon and subject to the conditions set forth herein for the use and benefit of the CertificateholdersOwnership Certificateholder, subject to the obligations of the Issuer under the Transaction Documents.

Appears in 1 contract

Samples: Security Procedure Agreement

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