Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or any state thereof, which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000.
Appears in 4 contracts
Samples: Destra Targeted Income Unit Investment Trust, Trust Agreement (Adams Street Trust), Trust Indenture and Agreement (Nuveen Unit Trusts)
Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or any state thereof, thereof which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000.
Appears in 2 contracts
Samples: Trust Indenture and Agreement (Morgan Stanley Dean Wit Sel Equity Tr 5 Industrial 2000-2), Trust Indenture and Agreement (Morgan Stanley Dean Wit Sel Equity Tr 10 Industrial 2000-2)