Common use of Multiple Trustees Clause in Contracts

Multiple Trustees. If Beneficiary appoints multiple trustees, then any Trustee, individually, may exercise all powers granted to Trustee under this instrument, without the need for action by any other Trustee(s).

Appears in 31 contracts

Samples: Credit Agreement (Enviva Partners, LP), Credit Agreement (Enviva Partners, LP), Credit and Guaranty Agreement (Enviva Partners, LP)

AutoNDA by SimpleDocs

Multiple Trustees. If Beneficiary appoints multiple trusteestrustees to serve at the same time, then any Trusteetrustee, individually, may exercise all powers granted to Trustee under this instrument, without the need for action by any other Trustee(strustee(s), and Beneficiary shall provide Grantor with notice of any such appointment.

Appears in 2 contracts

Samples: And Security Agreement (NTS Realty Holdings Lp), And Security Agreement (NTS Realty Holdings Lp)

Multiple Trustees. If Beneficiary appoints multiple trustees, then any Trustee, individually, individually may exercise all powers granted to Trustee under this instrument, without the need for action by any other Trustee(s).

Appears in 1 contract

Samples: Consent and Landlord Mortgagee Agreement (Coast Resorts Inc)

Multiple Trustees. If Beneficiary appoints multiple trustees, then any Any Trustee, individually, may exercise all powers granted to Trustee under this instrumenttwo or more Trustees collectively, without the need for action by any necessity of the joinder of the other Trustee(s)Trustees.

Appears in 1 contract

Samples: Security Agreement (Spurlock Industries Inc)

AutoNDA by SimpleDocs

Multiple Trustees. If Beneficiary appoints multiple trustees, then any Any Trustee, individually, may exercise all powers granted to Trustee under this instrumentthe Trustees collectively, without the need for action by any necessity of the joinder of the other Trustee(s)Trustees.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Home Solutions of America Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.