Common use of Power or Investment and Management Clause in Contracts

Power or Investment and Management. 11.1. The Trustee may apply any money to be invested in the purchase or acquisition of such property, of whatever nature and wherever situate and whether of a wasting nature, involving liabilities or producing income or not, or in making such loans with or without security, as they think fit so that they shall have the same powers to apply money to be invested as if they were an absolute beneficial owner.

Appears in 5 contracts

Samples: Investor Agreement, Investor Agreement, Investor Agreement

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