Common use of of the Trust Indenture Act Clause in Contracts

of the Trust Indenture Act. The Trustee shall always have a combined capital and surplus of at least $5 million, calculated as permitted by Section 310(a)(2) of the Trust Indenture Act. The Trustee is subject to Section 310(b) of the Trust Indenture Act, including the optional provision permitted by the second sentence of Section 310(b)(9) of the Trust Indenture Act.

of the Trust Indenture Act. The Trustee shall always have a combined capital and surplus of at least $5 million, calculated 50 million as permitted by Section 310(a)(2) set forth in its most recent published annual report of the Trust Indenture Actcondition. The Trustee is subject to shall comply with Section 310(b) of the Trust Indenture Act, including the optional provision permitted by the second sentence of Section 310(b)(9) of the Trust Indenture Act.