Multiple Trustees. If more than one Trustee is appointed hereunder at any one time, or from time to time, all rights granted to and all powers conferred upon Trustee hereunder may be exercised by any or all of such Trustees, independently or jointly. Action exercised by one Trustee shall be deemed valid and binding on all Trustees.
Appears in 4 contracts
Sources: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Glimcher Realty Trust), Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing (Valcent Products Inc.), Deed of Trust (Consolidated Capital Properties Iv)