Common use of The Trust Estate Clause in Contracts

The Trust Estate. The Depositor hereby assigns, transfers, conveys and sets over to the Trust the sum of $10. Such amount shall constitute the initial trust estate. It is the intention of the parties hereto that the Trust created hereby constitute a business trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section 3801 et seq. (the "Business Trust Act"), and that this document constitutes the governing instrument of the Trust. The Trustees are hereby authorized and directed to execute and file a certificate of trust with the Delaware Secretary of State in accordance with the provisions of the Business Trust Act.

Appears in 4 contracts

Samples: Trust Agreement (Scana Corp), Trust Agreement (Sce&g Trust I), Trust Agreement (Scana Corp)

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The Trust Estate. The Depositor hereby assigns, transfers, conveys and sets over to the Trust the sum of $10. Such , which amount shall constitute the initial trust estateestate (the "Trust Estate"). It is the intention of the parties hereto that the Trust created hereby constitute a business trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section 3801 et seq. (the "Business Trust Act"), and that this document constitutes the governing instrument of the Trust. The Trustees are hereby authorized and directed to execute and file a certificate of trust with the Delaware Secretary of State in accordance with the provisions of the Business Trust Act.

Appears in 1 contract

Samples: Trust Agreement (Sea Pines Associates Inc)

The Trust Estate. The Depositor hereby assigns, transfers, conveys and sets over to the Trust the sum of $10. Such amount shall constitute the initial trust estate. The Trustees hereby declare that they will hold the trust estate in trust for the Depositor. It is the intention of the parties hereto that the Trust created hereby constitute a business trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section Del C (S) 3801 et seq. seq (the "Business Trust Act"), and that this document constitutes constitute the governing instrument of the Trust. The Trustees are hereby authorized and directed to execute and file a certificate of trust with the Delaware Secretary of State in accordance with the provisions of the Business Trust Act.

Appears in 1 contract

Samples: Trust Agreement (Ncbe Capital Trust I)

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The Trust Estate. The Depositor hereby assigns, transfers, conveys and sets over to the Trust Trustees the sum of $10. Such , which amount shall constitute the initial trust estate. It is the intention of the parties hereto that the Trust created hereby constitute a business trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. Section (S) 3801 et seq. (the "Business Trust Act"), and that this document constitutes constitute the governing instrument of the Trust. The Trustees are hereby authorized and directed to execute and file a certificate of trust with the Delaware Secretary of State in accordance with the provisions of the Business Trust Act.

Appears in 1 contract

Samples: Proffitts Capital Trust I

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