Common use of The Trustees Clause in Contracts

The Trustees. 34 SECTION 8.1 Certain Duties and Responsibilities....................................................34 SECTION 8.2 Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 May Hold Securities....................................................................38 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 Conflicting Interests..................................................................40 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 Reports by Property Trustee............................................................45 SECTION 8.15 Reports to the Property Trustee........................................................46 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17

The Trustees. 34 36 SECTION 8.1 Certain Duties and Responsibilities....................................................34 ......................................... 36 SECTION 8.2 Certain Notices........................................................................36 ............................................................. 38 SECTION 8.3 Certain: Certain Rights of Property Trustee....................................................36 .......................................... 38 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 ............................... 40 SECTION 8.5 May Hold Securities....................................................................38 ......................................................... 40 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 ........................................................ 41 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 .................................................................... 42 SECTION 8.8 Conflicting Interests..................................................................40 ................................................................ 42 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 ............................................ 43 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 ........................... 44 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 ...................................... 45 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 .................................................................... 46 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 ....................................................................... 46 SECTION 8.14 Reports by Property Trustee............................................................45 ................................................. 47 SECTION 8.15 Reports to the Property Trustee........................................................46 ............................................. 48 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 ............................ 48 SECTION 8.17

The Trustees. 34 SECTION 8.1 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ....................50 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ........................................52 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 .....................52 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ..........................................55 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ....................................56 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ..........................56 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 .............................57 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ..................................58 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 .......................58 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ...........................................60 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 .................62 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .........................................63 Section 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 ..................................64 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 ............................65 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ........................65 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION ...........................................66 Section 8.17.

The Trustees. 34 SECTION 8.1 32 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ...........................................................32 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ...............................................................................33 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ............................................................34 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ........................................36 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ...........................................................................36 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 .................................................................36 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ..................................37 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 .........................................................................38 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ..............................................................38 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ............................................40 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 .......................................................41 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ..................................42 Section 8.13. Preferential Collection of Claims Against Depositor Sponsor or Trust...........................44 SECTION 8.14 ...................................42 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 ..............................................................42 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ..............................................................42 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION .............................................42 Section 8.17.

The Trustees. 34 SECTION 8.1 26 Section 7.01. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ........................26 Section 7.02. Notice of Defaults; Direct Action by Securityholders.......27 Section 7.03. Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 SECTION 8.4 .........................28 Section 7.04. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 .....29 Section 7.05. May Hold Securities....................................................................38 SECTION 8.6 ........................................30 Section 7.06. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ..............................30 Section 7.07. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ....................................30 Section 7.08. Conflicting Interests..................................................................40 SECTION 8.9 ......................................31 Section 7.09. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ...........................31 Section 7.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ..........32 Section 7.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 .....................34 Section 7.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .....................................34 Section 7.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 .........................................34 Section 7.14. Reports by Property Trustee............................................................45 SECTION 8.15 ................................34 Section 7.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ............................35 Section 7.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17...........35 Section 7.17. Statements Required in Officers' Certificate and Opinion of Counsel.........................................35 Section 7.18.

The Trustees. 34 33 SECTION 8.1 Certain Duties and Responsibilities....................................................34 ......................33 SECTION 8.2 Certain Notices........................................................................36 ..........................................34 SECTION 8.3 Certain: Certain Rights of Property Trustee....................................................36 .......................34 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 ...36 SECTION 8.5 May Hold Securities....................................................................38 ......................................36 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 ............................37 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 ..............................................38 SECTION 8.8 Conflicting Interests..................................................................40 ....................................38 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 .........................38 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 ........40 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 ...................41 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 ..............................................42 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 .................................................42 SECTION 8.14 Reports by Property Trustee............................................................45 ..............................43 SECTION 8.15 Reports to the Property Trustee........................................................46 ..........................43 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17.........44

The Trustees. 34 32 SECTION 8.1 Certain Duties and Responsibilities....................................................34 . ..................... 32 SECTION 8.2 Certain Notices........................................................................36 . ......................................... 33 SECTION 8.3 Certain: Certain Rights of Property Trustee....................................................36 . ...................... 33 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 . .. 35 SECTION 8.5 May Hold Securities....................................................................38 . ..................................... 35 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 . ........................... 36 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 . ...................................................... 37 SECTION 8.8 Conflicting Interests..................................................................40 . ................................... 37 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 . ........................ 37 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 . ...... 39 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 . ................. 40 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 . ...................................................... 40 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 . ...................................................... 41 SECTION 8.14 Reports by Property Trustee............................................................45 . ............................ 41 SECTION 8.15 Reports to the Property Trustee........................................................46 . ........................ 42 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17. ....... 42 6 PAGE

The Trustees. 34 SECTION 8.1 32 Section 7.01 Certain Duties and Responsibilities....................................................34 SECTION 8.2 ............................................ 32 Section 7.02 Notice of Defaults; Direct Action by Securityholders........................... 33 Section 7.03 Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 SECTION 8.4 ............................................. 33 Section 7.04 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ......................... 34 Section 7.05 May Hold Securities....................................................................38 SECTION 8.6 ............................................................ 35 Section 7.06 Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 Corporate Property Trustee .................................................. 35 Section 7.07 Certain Trustees Required; Eligibility of Trustees...........................40 SECTION 8.8 ............................. 36 Section 7.08 Conflicting Interests..................................................................40 SECTION 8.9 .......................................................... 36 Section 7.09 Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ............................................... 36 Section 7.10 Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 .............................. 38 Section 7.11 Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ......................................... 39 Section 7.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .................... 40 Section 7.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 ................... 40 Section 7.14 Reports by Property Trustee............................................................45 SECTION 8.15 .................................................... 40 Section 7.15 Reports to the Property Trustee........................................................46 SECTION 8.16 ................................................ 40 Section 7.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17............................... 41 Section 7.17 Statements Required in Officer's Certificate and Opinion of Counsel............ 41 Section 7.18 Number of Regular Trustees..................................................... 41 Section 7.19 Delegation of Power............................................................ 42 Section 7.20 Voting......................................................................... 42

The Trustees. 34 33 SECTION 8.1 Certain Duties and Responsibilities....................................................34 33 SECTION 8.2 Certain Notices........................................................................36 34 SECTION 8.3 Certain: Certain Rights of Property Trustee....................................................36 .....................................................34 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 36 SECTION 8.5 May Hold Securities....................................................................38 36 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 37 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 38 SECTION 8.8 Conflicting Interests..................................................................40 38 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 38 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 40 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 41 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 42 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 42 SECTION 8.14 Reports by Property Trustee............................................................45 42 SECTION 8.15 Reports to the Property Trustee........................................................46 43 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.1743

The Trustees. 34 SECTION 8.1 31 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 .....................31 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: .........................................33 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ......................33 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 .........................................35 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 .....................................35 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ...........................36 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ...............................37 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ...................................37 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ........................38 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 .......................................39 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ...............40 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .............................41 Section 8.13. Preferential Collection of Claims Against Depositor Sponsor or Trust...........................44 SECTION 8.14 ...................................41 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 ......................41 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ......................42 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION .....42 Section 8.17.

The Trustees. 34 SECTION 36 Section 8.1 Duties, Responsibilities and Limitation of Liability......................36 Section 8.2 Notices......................................38 Section 8.3 Certain Duties and Responsibilities....................................................34 SECTION 8.2 Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 SECTION ...........38 -ii- TABLE OF CONTENTS (continued) PAGE Section 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION .......................40 Section 8.5 May Hold Securities....................................................................38 SECTION ..........................40 Section 8.6 Compensation; Indemnity; Fees..........................................................39 SECTION ................41 Section 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION ......................42 Section 8.8 Conflicting Interests..................................................................40 SECTION ........................42 Section 8.9 Co-Trustees and Separate Trustee.......................................................40 SECTION .............42 Section 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION .....................44 Section 8.11 Acceptance of Appointment by Successor.................................................43 SECTION .......45 Section 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION ....................46 Section 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION ...................46 Section 8.14 Reports by Property Trustee............................................................45 SECTION ..................47 Section 8.15 Reports to the Property Trustee........................................................46 SECTION ..............47 Section 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17.........................47

The Trustees. 34 SECTION Section 8.1 Certain Duties and Responsibilities....................................................34 SECTION ...............................................40 Section 8.2 Certain Notices........................................................................36 SECTION ...................................................................42 Section 8.3 Certain: Certain Rights of Property Trustee....................................................36 SECTION ................................................42 Section 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION ............................45 Section 8.5 May Hold Securities....................................................................38 SECTION ...............................................................45 Section 8.6 Compensation; Indemnity; Fees..........................................................39 SECTION .....................................................45 Section 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION ......................46 Section 8.8 Conflicting Interests..................................................................40 SECTION .............................................................47 Section 8.9 Co-Trustees and Separate Trustee.......................................................40 SECTION ..................................................47 Section 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION .................................49 Section 8.11 Acceptance of Appointment by Successor.................................................43 SECTION ............................................50 Section 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION .......................51 Section 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION ......................51 Section 8.14 Reports by Property Trustee............................................................45 SECTION .......................................................52 Section 8.15 Reports to the Property Trustee........................................................46 SECTION ...................................................52 Section 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION ..................................52 Section 8.17

The Trustees. 34 SECTION 8.1 37 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ............................................ 37 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ................................................................ 39 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ............................................. 39 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ......................... 42 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ............................................................ 42 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 .................................................. 42 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ................... 43 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 .......................................................... 44 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ............................................... 44 Section 8.10. Resignation and Removal; , Appointment of Successor......................................42 SECTION 8.11 .............................. 46 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ......................................... 47 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .................... 48 Section 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 ................... 48 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 Reports to the Property Trustee........................................................46 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17................................................ 49

The Trustees. 34 SECTION 35 Section 8.1 Certain Duties and Responsibilities....................................................34 SECTION ......................................... 35 Section 8.2 Certain Notices..................................................................................................................................... 36 SECTION Section 8.3 Certain: Certain Rights of Property Trustee.............................................................................................. 36 SECTION Section 8.4 Not Responsible for Recitals or Issuance of Securities....................................................... 38 SECTION Section 8.5 May Hold Securities............................................................................................................................. 38 SECTION Section 8.6 Compensation; Indemnity; Fees......................................................................................................... 39 SECTION Section 8.7 Corporate Property Trustee Required; Eligibility of Trustees........................................... 40 SECTION Section 8.8 Conflicting Interests......................................................................................................................... 40 SECTION Section 8.9 Co-Trustees and Separate Trustee................................................................................................... 40 SECTION Section 8.10 Resignation and Removal; Appointment of Successor................................................................. 42 SECTION Section 8.11 Acceptance of Appointment by Successor....................................................................................... 43 SECTION Section 8.12 Merger, Conversion, Consolidation or Succession to Business............................................. 44 SECTION Section 8.13 Preferential Collection of Claims Against Depositor or Trust........................................... 44 SECTION Section 8.14 Reports by Property Trustee............................................................................................................. 45 SECTION Section 8.15 Reports to the Property Trustee........................................................46 SECTION ............................................. 45 Section 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION ............................ 45 Section 8.17

The Trustees. 34 SECTION 8.1 8.1. Certain Duties and Responsibilities....................................................34 .......................... 35 SECTION 8.2 8.2. Certain Notices........................................................................36 .............................................. 37 SECTION 8.3 Certain: 8.3. Certain Rights of Property Trustee....................................................36 ........................... 37 SECTION 8.4 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 ....... 39 SECTION 8.5 8.5. May Hold Securities....................................................................38 .......................................... 39 SECTION 8.6 8.6. Compensation; Indemnity; Fees.......................................................................................... 39 SECTION 8.7 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................Trustees .................................................. 40 SECTION 8.8 8.8. Conflicting Interests..................................................................40 ........................................ 41 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 ............................. 41 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor.................................................. 42 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 ....................... 44 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 ................................................. 45 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ................................................. 45 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 .................................. 46 SECTION 8.15 8.15. Reports to the Property Trustee...................................................................................... 46 SECTION 8.16 8.16. Evidence of Compliance with Conditions Precedent.................................................... 46 SECTION 8.17.

The Trustees. 34 36 SECTION 8.1 Certain Duties and Responsibilities....................................................34 ..................................................... 36 SECTION 8.2 Certain Notices........................................................................36 ......................................................................... 38 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 ..................................................... 38 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 .................................. 40 SECTION 8.5 May Hold Securities....................................................................38 ..................................................................... 40 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 ........................................................... 40 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 ............................ 42 SECTION 8.8 Conflicting Interests..................................................................40 ................................................................... 42 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 ........................................................ 42 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 ....................................... 44 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 .................................................. 45 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 ............................. 46 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 ............................ 46 SECTION 8.14 Reports by Property Trustee............................................................45 ............................................................. 47 SECTION 8.15 Reports to the Property Trustee........................................................46 ......................................................... 47 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 ........................................ 48 SECTION 8.17

The Trustees. 34 49 SECTION 8.1 8.1. Corporate Property Trustee Required; Eligibility of Trustees.................................................. 49 SECTION 8.2. Certain Duties and Responsibilities....................................................34 .......................... 49 SECTION 8.2 8.3. Certain Notices........................................................................36 .............................................. 51 SECTION 8.3 Certain: 8.4 Certain Rights of Property Trustee....................................................36 ........................... 52 SECTION 8.4 8.5. Not Responsible for Recitals or Issuance of Securities.................................38 ................................................ 54 SECTION 8.5 8.6. May Hold Securities....................................................................38 .......................................... 55 SECTION 8.6 8.7. Compensation; Indemnity; Fees..........................................................39 ................................ 55 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 8.8. Conflicting Interests..................................................................40 ........................................ 56 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 ............................. 57 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor......................................42 .................................................... 59 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 ....................... 61 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 .................................................. 61 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ........................................... 62 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 .................................. 63 SECTION 8.15 8.15. Reports to the Property Trustee........................................................46 .............................. 63 SECTION 8.16 8.16. Evidence of Compliance with Conditions Precedent.......................................46 .................................................... 63 SECTION 8.17.

The Trustees. 34 SECTION 8.1 35 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 .............................................. 35 Section 8.2. Certain Notices.......................................................................................................................................... 36 SECTION 8.3 Certain: Section 8.3. Certain Rights of Property Trustee................................................................................................... 36 SECTION 8.4 Section 8.4. Not Responsible for Recitals or Issuance of Securities............................................................ 38 SECTION 8.5 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 .............................................................. 39 Section 8.6. Compensation; Indemnity; Fees.............................................................................................................. 39 SECTION 8.7 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees................................................ 40 SECTION 8.8 Section 8.8. Conflicting Interests.............................................................................................................................. 40 SECTION 8.9 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ................................................. 41 -ii- TABLE OF CONTENTS (continued) PAGE Section 8.10. Resignation and Removal; , Appointment of Successor...................................................................... 42 SECTION 8.11 Section 8.11. Acceptance of Appointment by Successor............................................................................................ 43 SECTION 8.12 Section 8.12. Merger, Conversion, Consolidation or Succession to Business.................................................. 44 SECTION 8.13 Section 8.13. Preferential Collection of Claims Against TECO, Depositor or Trust.......................................... 44 SECTION 8.14 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 .................................................. 44 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 .................................................. 44 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17................................. 44

The Trustees. 34 SECTION Section 8.1 Certain Duties and Responsibilities....................................................34 SECTION ............................. 36 Section 8.2 Certain Notices........................................................................36 SECTION ................................................. 37 Section 8.3 Certain: Certain Rights of Property Trustee....................................................36 SECTION .............................. 38 Section 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION .......... 40 Section 8.5 May Hold Securities....................................................................38 SECTION ............................................. 40 Section 8.6 Compensation; Indemnity; Fees..........................................................39 SECTION ................................... 40 Section 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION .... 41 Section 8.8 Conflicting Interests..................................................................40 SECTION ........................................... 42 Section 8.9 Co-Trustees and Separate Trustee.......................................................40 SECTION ................................ 42 Section 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION ............... 43 Section 8.11 Acceptance of Appointment by Successor.................................................43 SECTION .......................... 45 Section 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION ..... 45 Section 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 Reports by Property Trustee............................................................45 SECTION 8.15 Reports to the Property Trustee............................................................ 46 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17Section 8.14

The Trustees. 34 SECTION 29 Section 8.1 Certain Duties and Responsibilities....................................................34 SECTION ............................................................29 Section 8.2 Certain Notices........................................................................36 SECTION ................................................................................31 Section 8.3 Certain: Certain Rights of Property Trustee....................................................36 SECTION .............................................................31 Section 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 SECTION .........................................33 Section 8.5 May Hold Securities....................................................................38 SECTION ............................................................................33 Section 8.6 Compensation; Indemnity; Fees..........................................................39 SECTION ..................................................................33 Section 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION ...................................34 Section 8.8 Conflicting Interests..................................................................40 SECTION ..........................................................................34 Section 8.9 Co-Trustees and Separate Trustee.......................................................40 SECTION ...............................................................34 Section 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION ..............................................36 Section 8.11 Acceptance of Appointment by Successor.................................................43 SECTION .........................................................37 Section 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION ....................................38 Section 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION ...................................38 Section 8.14 Reports by Property Trustee............................................................45 SECTION ....................................................................38 Section 8.15 Reports to the Property Trustee........................................................46 SECTION ................................................................39 Section 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION ...............................................39 Section 8.17

The Trustees. 34 31 SECTION 8.1 8.1. Certain Duties and Responsibilities....................................................34 ................................................ 31 SECTION 8.2 8.2. Certain Notices........................................................................36 .................................................................... 32 SECTION 8.3 Certain: 8.3. Certain Rights of Property Trustee....................................................36 ................................................. 33 SECTION 8.4 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 ............................. 34 SECTION 8.5 8.5. May Hold Securities....................................................................38 ................................................................ 35 SECTION 8.6 8.6. Compensation; Indemnity; Fees..........................................................39 ...................................................... 35 SECTION 8.7 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 ....................... 36 SECTION 8.8 8.8. Conflicting Interests..................................................................40 .............................................................. 36 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 ................................................... 36 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor......................................42 .................................. 38 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 ............................................. 39 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 ........................ 39 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ....................... 40 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 ........................................................ 40 SECTION 8.15 8.15. Reports to the Property Trustee........................................................46 .................................................... 40 SECTION 8.16 8.16. Evidence of Compliance with Conditions Precedent.......................................46 ................................... 40 SECTION 8.17.

The Trustees. 34 SECTION 8.1 27 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ....................... 27 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ........................................... 29 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ........................ 29 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ................................................ 31 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ....................................... 31 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ............................. 31 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ............................................... 32 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ..................................... 32 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 .......................... 33 Section 8.10. Resignation and Removal; , Appointment of Successor......................................42 SECTION 8.11 ......... 34 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 .................... 35 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ............................................... 36 TABLE OF CONTENTS (CONTINUED) Section 8.13. Preferential Collection of Claims Against TECO, Depositor or Trust...........................44 SECTION 8.14 ........................................ 36 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 ........................... 36 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ........................... 37 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17.......... 37

The Trustees. 34 33 SECTION 8.1 8.1. Certain Duties and Responsibilities..................................................... .................. 33 SECTION 8.2. Certain Notices. ...................................... 34 SECTION 8.2 8.3. Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 . ................... 35 SECTION 8.4 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 ............................................. 37 SECTION 8.5 8.5. May Hold Securities....................................................................38 . .................................. 37 SECTION 8.6 8.6. Compensation; Indemnity; Fees..........................................................39 . ........................ 37 SECTION 8.7 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 . .............................. 38 SECTION 8.8 8.8. Conflicting Interests..................................................................40 . ................................ 39 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 . ..................... 39 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor......................................42 .............................................. 40 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 . ............... 41 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 ................................. 42 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ..................................... 43 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 . .......................... 43 SECTION 8.15 8.15. Reports to the Property Trustee........................................................46 . ...................... 44 SECTION 8.16 8.16. Evidence of Compliance with Conditions ` Precedent.......................................46 .............................................. 44 SECTION 8.17.

The Trustees. 34 42 SECTION 8.1 7.01. Certain Duties and Responsibilities....................................................34 ....... 42 SECTION 8.2 7.02. Notice of Defaults; Direct Action by Securityholders........................... 43 SECTION 7.03. Certain Notices........................................................................36 SECTION 8.3 Certain: Rights of Property Trustee....................................................36 ........ 44 SECTION 8.4 7.04. Not Responsible for Recitals or Issuance of Securities.................................38 .................... 46 SECTION 8.5 7.05. May Hold Securities....................................................................38 ....................... 46 SECTION 8.6 7.06. Compensation; Indemnity; Fees..........................................................39 ............. 46 SECTION 8.7 Corporate Property Trustee 7.07. Certain Trustees Required; Eligibility of Trustees...........................40 ............................... 47 SECTION 8.8 7.08. Conflicting Interests..................................................................40 ..................... 48 SECTION 8.9 7.09. Co-Trustees and Separate Trustee.......................................................40 .......... 48 SECTION 8.10 7.10. Resignation and Removal; Appointment of Successor......................................42 ................................. 50 SECTION 8.11 7.11. Acceptance of Appointment by Successor.................................................43 .... 52 SECTION 8.12 7.12. Merger, Conversion, Consolidation or Succession to Business............................44 .................... 53 SECTION 8.13 7.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ................ 53 SECTION 8.14 7.14. Reports by Property Trustee............................................................45 ............... 53 SECTION 8.15 7.15. Reports to the Property Trustee........................................................46 ........... 53 SECTION 8.16 7.16. Evidence of Compliance with Conditions Precedent.......................................46 ................................. 54 SECTION 8.177.17. Statements Required in Officer's Certificate and Opinion of Counsel........ 54 SECTION 7.18.

The Trustees. 34 SECTION 8.1 27 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ..........................................27 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ..............................................................28 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ...........................................28 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 .......................30 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ..........................................................30 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ................................................30 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 .................31 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ........................................................31 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 .............................................31 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ............................32 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 .......................................33 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ..................34 Section 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 .................34 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 ..................................................35 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ..............................................35 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION .............................35 Section 8.17.

The Trustees. 34 32 SECTION 8.1 Certain Duties and Responsibilities....................................................34 . ..................... 32 SECTION 8.2 Certain Notices........................................................................36 . ......................................... 33 SECTION 8.3 Certain: Certain Rights of Property Trustee....................................................36 . ...................... 33 SECTION 8.4 Not Responsible for Recitals or Issuance of Securities.................................38 . .. 35 SECTION 8.5 May Hold Securities....................................................................38 . ..................................... 35 SECTION 8.6 Compensation; Indemnity; Fees..........................................................39 . ........................... 36 SECTION 8.7 Corporate Property Trustee Required; Eligibility of Trustees...........................40 . ...................................................... 37 SECTION 8.8 Conflicting Interests..................................................................40 . ................................... 37 SECTION 8.9 Co-Trustees and Separate Trustee.......................................................40 . ........................ 37 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 . ...... 39 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 . ................. 40 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 . ...................................................... 40 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 . ...................................................... 41 SECTION 8.14 Reports by Property Trustee............................................................45 . ............................ 41 SECTION 8.15 Reports to the Property Trustee........................................................46 . ........................ 42 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17. ....... 42 PAGE

The Trustees. 34 SECTION 8.1 8.1. Certain Duties and Responsibilities....................................................34 ...........................35 SECTION 8.2 8.2. Certain Notices........................................................................36 ...............................................37 SECTION 8.3 Certain: 8.3. Certain Rights of Property Trustee....................................................36 ............................37 SECTION 8.4 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 ........39 SECTION 8.5 8.5. May Hold Securities....................................................................38 ...........................................39 SECTION 8.6 8.6. Compensation; Indemnity; Fees...........................................................................................39 SECTION 8.7 8.7. Corporate Property Trustee Required; Eligibility of Trustees.............................40 SECTION 8.8 8.8. Conflicting Interests..................................................................40 .........................................41 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 ..............................41 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor...................................................42 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 ........................44 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 ..................................................45 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 ..................................................45 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 ...................................46 SECTION 8.15 8.15. Reports to the Property Trustee.......................................................................................46 SECTION 8.16 8.16. Evidence of Compliance with Conditions Precedent.....................................................46 SECTION 8.17.

The Trustees. 34 SECTION 8.1 31 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ........................................................ 31 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ............................................................................ 33 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ......................................................... 33 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ..................................... 35 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ........................................................................ 35 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 .............................................................. 35 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ............................... 36 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ...................................................................... 37 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ........................................................... 37 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 .......................................... 38 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ..................................................... 40 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ................................ 40 Section 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 ............................... 41 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 ................................................................ 41 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ............................................................ 42 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION ........................................... 42 Section 8.17.

The Trustees. 34 SECTION 8.1 29 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ..................................................29 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ......................................................................31 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ...................................................31 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ...............................33 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ..................................................................33 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ........................................................33 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 .........................34 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ................................................................34 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 .....................................................35 -ii- TABLE OF CONTENTS (CONTINUED) Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ...............................................37 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ..........................38 Section 8.13. Preferential Collection of Claims Against TECO, Depositor or Trust...........................44 SECTION 8.14 ...................38 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 ......................................................38 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ......................................................39 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17.....................................39

The Trustees. 34 SECTION 8.1 29 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 ..................................................29 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ......................................................................31 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ...................................................31 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ...............................33 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 ..................................................................33 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ........................................................33 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 .........................34 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ................................................................34 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 .....................................................35 -ii- 4 TABLE OF CONTENTS (CONTINUED) PAGE Section 8.10. Resignation and Removal; , Appointment of Successor......................................42 SECTION 8.11 ....................................36 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ...............................................37 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ..........................38 Section 8.13. Preferential Collection of Claims Against TECO, Depositor or Trust...........................44 SECTION 8.14 ...................38 Section 8.14. Reports by the Property Trustee............................................................45 SECTION 8.15 ......................................................38 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ......................................................39 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17.....................................39

The Trustees. 34 SECTION 8.1 Section 8.1. Certain Duties and Responsibilities.............................................................................................................. 34 SECTION 8.2 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: .............................................................................. 35 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ........................................................... 35 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ....................................... 37 Section 8.5. May Hold Securities.............................................................................................................................................. 38 SECTION 8.6 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ................................................................ 38 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ................................. 39 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ........................................................................ 39 Section 8.9. Co-Trustees and Separate Trustee.................................................................................................................... 40 SECTION 8.10 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ........................................... 41 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ...................................................... 42 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 ................................. 43 Section 8.13. Preferential Collection of Claims Against Depositor or Trust........................................................... 44 SECTION 8.14 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 ................................................................. 44 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 ............................................................. 45 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION ............................................ 45 Section 8.17.

The Trustees. 34 SECTION 8.1 39 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 .................................39 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: .....................................................41 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ..................................41 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ..............44 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 .................................................44 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 .......................................44 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ........45 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ...............................................45 Section 8.9. Co-Trustees and Separate Trustee.......................................................40 SECTION 8.10 ....................................46 Section 8.10. Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 ...................47 Section 8.11. Acceptance of Appointment by Successor.................................................43 SECTION 8.12 ..............................48 Section 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 .........49 Section 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 ........49 Section 8.14. Reports by Property Trustee............................................................45 SECTION 8.15 .........................................50 Section 8.15. Reports to the Property Trustee........................................................46 SECTION 8.16 .....................................51 Section 8.16. Evidence of Compliance with Conditions Precedent.......................................46 SECTION ....................51 Section 8.17.

The Trustees. 34 33 SECTION 8.1 8.1. Certain Duties and Responsibilities....................................................34 . ................................... 33 SECTION 8.2 8.2. Certain Notices........................................................................36 . ....................................................... 35 SECTION 8.3 Certain: 8.3. Certain Rights of Property Trustee....................................................36 . .................................... 35 SECTION 8.4 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 . ................ 37 SECTION 8.5 8.5. May Hold Securities....................................................................38 . ................................................... 37 SECTION 8.6 8.6. Compensation; Indemnity; Fees..........................................................39 . ......................................... 37 SECTION 8.7 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 . .......... 38 SECTION 8.8 8.8. Conflicting Interests..................................................................40 . ................................................. 39 SECTION 8.9 8.9. Co-Trustees and Separate Trustee.......................................................40 . ...................................... 39 SECTION 8.10 8.10. Resignation and Removal; Appointment of Successor......................................42 . ..................... 40 SECTION 8.11 8.11. Acceptance of Appointment by Successor.................................................43 . ................................ 42 SECTION 8.12 8.12. Merger, Conversion, Consolidation or Succession to Business............................44 . ........... 43 SECTION 8.13 8.13. Preferential Collection of Claims Against Depositor or Trust...........................44 . .......... 43 SECTION 8.14 8.14. Reports by Property Trustee............................................................45 . ........................................... 44 SECTION 8.15 8.15. Reports to the Property Trustee........................................................46 . ....................................... 44 SECTION 8.16 8.16. Evidence of Compliance with Conditions Precedent.......................................46 . ...................... 44 SECTION 8.17.

The Trustees. 34 SECTION 8.1 29 Section 8.1. Certain Duties and Responsibilities....................................................34 SECTION 8.2 .................................................. 29 Section 8.2. Certain Notices........................................................................36 SECTION 8.3 Certain: ...................................................................... 31 Section 8.3. Certain Rights of Property Trustee....................................................36 SECTION 8.4 ................................................... 31 Section 8.4. Not Responsible for Recitals or Issuance of Securities.................................38 SECTION 8.5 ............................... 33 Section 8.5. May Hold Securities....................................................................38 SECTION 8.6 .................................................................. 33 Section 8.6. Compensation; Indemnity; Fees..........................................................39 SECTION 8.7 ........................................................ 33 Section 8.7. Corporate Property Trustee Required; Eligibility of Trustees...........................40 SECTION 8.8 ......................... 34 Section 8.8. Conflicting Interests..................................................................40 SECTION 8.9 ................................................................ 34 Section 8.9. Co-Trustees trustees and Separate Trustee.......................................................40 SECTION 8.10 Resignation and Removal; Appointment of Successor......................................42 SECTION 8.11 Acceptance of Appointment by Successor.................................................43 SECTION 8.12 Merger, Conversion, Consolidation or Succession to Business............................44 SECTION 8.13 Preferential Collection of Claims Against Depositor or Trust...........................44 SECTION 8.14 Reports by Property Trustee............................................................45 SECTION 8.15 Reports to the Property Trustee........................................................46 SECTION 8.16 Evidence of Compliance with Conditions Precedent.......................................46 SECTION 8.17..................................................... 35 -ii- 4 TABLE OF CONTENTS (CONTINUED) PAGE