Common use of Administrative Trustees Clause in Contracts

Administrative Trustees. The initial Administrative Trustees shall be: Ira S. Lederman c/o W. R. Berkley Corporation ▇▇▇ Steamboat Road ▇▇eenwich, Connecticut 06830 ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇/▇ ▇. ▇. ▇▇▇▇ley Corporation ▇▇▇ Steamboat Road ▇▇eenwich, Connecticut 06830 (▇) ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇d except if a meeting of the Administrative Trustees is called with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (b) As more specifically provided in Section 5.10, an Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purposes of signing any documents which the Administrative Trustees have power and authority to cause the Trust to execute pursuant to Section 3.6.