Common use of Formation of Trust; Name Clause in Contracts

Formation of Trust; Name. The Trust is hereby created, ------------------------ to be named "MBNA Credit Card Master Note Trust," under which name the Owner Trustee or the Beneficiary may conduct any activities and business of the Trust contemplated hereby, execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

Appears in 1 contract

Sources: Trust Agreement (Mbna Credit Card Master Note Trust)

Formation of Trust; Name. The Trust is hereby createdformed, ------------------------ to be named "MBNA Credit Card Master Note Trust," under which name the Owner Trustee or the Beneficiary may conduct any activities and business of the Trust contemplated hereby, execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

Appears in 1 contract

Sources: Trust Agreement (Mbna Credit Card Master Note Trust)