Common use of Separate Class Clause in Contracts

Separate Class. The Co-Trustees shall constitute a class of trustees -------------- separate from the Owner Trustee pursuant to Section 3806(b) of the Delaware Act, and shall be entitled to vote and otherwise exercise the rights and powers granted herein without the consent of or consultation with the Owner Trustee.

Separate Class. The Co-Trustees shall constitute a class of trustees -------------- separate from the Owner Trustee pursuant to Section 3806(b) of the Delaware ActBusiness Trust Statute, and shall be entitled to vote and otherwise exercise the rights and powers granted herein without the consent of or consultation with the Owner Trustee.