TRUST VALIDLY CREATED Sample Clauses

The "Trust Validly Created" clause establishes that the trust in question has been properly formed in accordance with all applicable laws and requirements. This means that the trust document has been executed correctly, necessary formalities such as signatures and notarization have been observed, and any statutory prerequisites have been met. By confirming the trust's valid creation, this clause ensures that the trust is legally recognized and can effectively hold and manage assets, thereby preventing future disputes over its legitimacy.
TRUST VALIDLY CREATED. The Trust has been validly created and is in existence at the date of this Agreement.
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TRUST VALIDLY CREATED. The Series Trust has been validly created and is in existence at the date of this Agreement.
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TRUST VALIDLY CREATED the trust was validly created and is in existence at the date of your application and has been duly stamped (if required);
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TRUST VALIDLY CREATED. Each Origination Fund and Securitisation Fund (as the case may be) will and has been validly created and is in existence at the time a Transaction is entered into in relation to that Origination Fund or Securitisation Fund (as the case may be).
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TRUST VALIDLY CREATED. The Trust has been validly created and is in existence at the Trade Date of the first occurring Transaction.
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TRUST VALIDLY CREATED. The Trust has been validly created and is in existence. Cross Currency Swap Class A2a
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TRUST VALIDLY CREATED. The Securitisation Fund will be or has been validly created and is in existence at the time a Transaction is entered into in relation to the Securitisation Fund.
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TRUST VALIDLY CREATED. The Trust has been validly created and is in existence at the date of this Agreement. ISDA SCHEDULE TO THE MASTER AGREEMENT FOR BASIS ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ --------------------------------------------------------------------------------
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Related to TRUST VALIDLY CREATED

  • No Partnership Created It is not the purpose or intention of this Agreement to create (and it shall not be construed as creating) a joint venture, partnership or any type of association, and the Parties are not authorized to act as agent or principal for each other with respect to any matter related hereto.

  • No Security Interest Created Nothing in this Indenture or in the Notes, expressed or implied, shall be construed to constitute a security interest under the Uniform Commercial Code or similar legislation, as now or hereafter enacted and in effect, in any jurisdiction.

  • No Agency Created Nothing in this Agreement shall be deemed or construed to make Dealer an employee, agent, representative or partner of any of the Funds or of Quasar, and Dealer is not authorized to act for Quasar or for any Fund or to make any representations on Quasar’s or the Funds’ behalf. Dealer acknowledges that this Agreement is not exclusive and that Quasar may enter into similar arrangements with other broker-dealers.

  • No Trust or Fund Created Neither this Agreement nor the grant of Restricted Stock hereunder shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Company or any Related Entity and the Recipient or any other person. To the extent that the Recipient or any other person acquires a right to receive payments from the Company or any Related Entity pursuant to this Agreement, such right shall be no greater than the right of any unsecured general creditor of the Company.

  • Sale of Trust Assets (a) [Reserved]. (b) As described in Article Nine of the Trust Agreement, notice of any termination of the Trust shall be given by the Servicer to the Owner Trustee and the Indenture Trustee as soon as practicable after the Servicer has received notice thereof. (c) Following the satisfaction and discharge of the Indenture and the payment in full of the principal of and interest on the Notes, the Certificateholder will succeed to the rights of the Noteholders hereunder and the Owner Trustee will succeed to the rights of, and assume the obligations of, the Indenture Trustee pursuant to this Agreement.