Property Trustee Sample Clauses

Property Trustee. The Property Trustee hereby represents and warrants for the benefit of the Depositor and the Securityholders that:
Property Trustee. Prior to the issuance of the Preferred Securities and Common Securities, the Sponsor shall appoint another trustee (the "Institutional Trustee") meeting the requirements of an eligible trustee of the Trust Indenture Act of 1939, as amended, by the execution of an amendment to this Declaration executed by the Regular Trustees, the Sponsor, the Institutional Trustee and the Delaware Trustee.
Property Trustee. 35 Section 7.02. Delaware Trustee . . . . . . . . . . . . . . . . . . . . . . . 36
Property Trustee. 31 Section 7.02. Delaware Trustee . . . . . . . . . . . . 32 ARTICLE VIII.
Property Trustee. 29 Section 7.02. Delaware Trustee . . . . . . . . . . . . . . . . 29 ARTICLE VIII. The Trustees
Property Trustee. The Depositor hereby appoints The Bank of New York as the Property Trustee, as the trustee meeting the requirements of an eligible trustee of the Trust Indenture Act of 1939, as amended. Notwithstanding any other provision of this Declaration, the Property Trustee shall not be entitled to exercise any of the powers, nor shall the Property Trustee have any of the duties and responsibilities of the Trustees (except as required by the Business Trust Act) described in this Declaration. Notwithstanding anything herein to the contrary, the Property Trustee shall not be liable for the acts or omissions to act of the Trust or of the Administrative Trustees except such acts as the Property Trustee is expressly obligated or authorized to undertake under this Declaration or the Business Trust Act and except for the negligence or willful misconduct of the Property Trustee.
Property Trustee. ELIGIBILITY.
Property Trustee. 8 Qualified Institutional Buyer" or "QIB" . . . . . . . . . . . . . . 8