Common use of Further Powers Clause in Contracts

Further Powers. The Trustees shall have the power to conduct the business of the Trust and carry on its operations in any and all of its branches and maintain offices both within and without the State of Delaware, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust although such things are not herein specifically mentioned. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Diameter Credit Co), Agreement and Declaration (Middle Market Apollo Institutional Private Lending), Agreement and Declaration (Sixth Street Lending Partners)

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Further Powers. The Trustees shall have the power to conduct the business of the Trust and carry on its operations in any and all of its branches and maintain offices both within and without the State of Delaware, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust although such things are not herein specifically mentioned. In construing Any determination as to what is in the provisions interests of this Declaration, the presumption Trust made by the Trustees in good faith shall be in favor of a grant of power to the Trustees.be

Appears in 3 contracts

Samples: Clough Global Opportunities Fund, Clough Global Allocation Fund, Clough Global Equity Fund

Further Powers. The Trustees shall have the power to conduct the business of the Trust and carry on its operations in any and all of its branches and maintain offices both within and without the State of Delaware, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust although such things are not herein specifically mentioned. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Weiss Strategic Interval Fund)

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Further Powers. The Trustees shall have the power to conduct the business -------------- of the Trust and carry on its operations in any and all of its branches and maintain offices both offices, whether within and or without the State of Delaware, in any and all states of the United States of America, in the District of Columbia, in any foreign countries, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governmentscountries, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust although such things are not herein specifically mentioned. In construing Any determination as to what is in the provisions interests of this Declaration, the presumption Trust made by the Trustees in good faith shall be in favor of a grant of power to conclusive and shall be binding upon the Trustees.Trust and the Holders, past, present and

Appears in 1 contract

Samples: Agreement and Declaration (Brinson Relationship Funds)

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