Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, the City and State of New York.
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Sources: Trust Indenture and Agreement (Empire State Municipal Exempt Trust Guaranteed Series 134), Trust Indenture (Empire State Municipal Exempt Trust Guaranteed Series 182), Trust Indenture and Agreement (Government Securities Equity Trust Series 10)
Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, York which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, the City and State of New York.
Appears in 1 contract
Sources: Trust Indenture (National Equity Trust Forbes Semiconductor Index Trust)
Qualifications of Trustee. The Trustee shall be a corporation organized and doing business under the laws of the United States or the State of New York, York which is authorized under such laws to exercise corporate trust powers and having at all times an aggregate capital, surplus, surplus and undivided profits of not less than $5,000,000 and having its principal office and place of business in the Borough of Manhattan, in the City of New York and State of New York.
Appears in 1 contract
Sources: Trust Indenture and Agreement (Voyageur Unit Investment Trust Series 1)