Common use of Multiple Trustees Clause in Contracts

Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by these presents and any of the other Current Issuer Transaction Documents in the Note Trustee generally.

Appears in 17 contracts

Samples: Granite Mortgages 03-3 PLC, Granite Finance Trustees LTD, Granite Mortgages 03-2 PLC

AutoNDA by SimpleDocs

Multiple Trustees. Whenever there shall be more than two trustees hereof, the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions any discretion vested by these presents and any of the other Current Issuer Transaction Documents in the Note Trustee generally.

Appears in 3 contracts

Samples: Granite Finance Trustees LTD, Granite Finance Trustees LTD, Granite Finance Funding 2 LTD

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