Common use of Appointment of Delaware Trustee Clause in Contracts

Appointment of Delaware Trustee. The Sponsor hereby appoints the Delaware Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein and in the Delaware Business Trust Act.

Appears in 3 contracts

Samples: Trust Agreement (College Loan Corp Trust I), Trust Agreement (College Loan Corp Trust I), Trust Agreement (College Loan Corp Trust I)

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Appointment of Delaware Trustee. The Sponsor hereby appoints the Delaware Trustee as trustee of the Trust effective as of the date hereof, to have all the rights, powers and duties set forth herein and in the Delaware Business Statutory Trust Act.

Appears in 1 contract

Samples: Trust Agreement (College Loan Corp Trust 2005-2)

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