Common use of Statutory Trust Clause in Contracts

Statutory Trust. This Agreement is executed on behalf of the Trustees of the Trust as Trustees and not individually and the obligations of this Agreement are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the Trust.

Appears in 1 contract

Sources: Custody Agreement (Blackstone Private Real Estate Credit & Income Fund)

Statutory Trust. This Agreement is executed on behalf of the Trustees of the Trust Guarantor as Trustees and not individually and the obligations of this Agreement are not binding upon any of the Trustees or shareholders individually but are binding only upon the assets and property of the TrustGuarantor.

Appears in 1 contract

Sources: Guaranty (Blackstone Private Real Estate Credit & Income Fund)