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Common use of Administration of the Trust and Powers of the Trustee and the Delaware Trustee Clause in Contracts

Administration of the Trust and Powers of the Trustee and the Delaware Trustee.

Appears in 19 contracts

Sources: Trust Agreement, Trust Agreement (Boaz Energy II, LLC), Trust Agreement (PermRock Royalty Trust)

Related Clauses

  • Duties of the Trustee and the Certificate Administrator
  • Rights of the Depositor and the Trustee in Respect of the Servicer
  • Eligibility Requirements for Owner Trustee and Delaware Trustee
  • Representations and Warranties of the Property Trustee and the Delaware Trustee
  • Rights of the Depositor and the Trustee in Respect of the Master Servicer

Sub-Clauses

  • Power to Settle Claims
  • Income and Principal
  • General Authority
  • No Security Required
  • Payment of Liabilities of Trust
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