Power to appoint additional trustees Sample Clauses

Power to appoint additional trustees. With the prior consent of the Instructing Party, the Security Agent shall have power, by notice in writing given to the Facility Agent, to appoint any person either to act as separate trustee or as co-trustee jointly with the Security Agent:
AutoNDA by SimpleDocs
Power to appoint additional trustees. In addition to the statutory power of appointing new and additional Trustees, the Company shall have the power by a resolution of the Directors or in writing signed by a person duly authorised by a resolution of the Directors to appoint additional Trustees notwithstanding that the effect of such appointment would be to increase the number of Trustees beyond four.
Time is Money Join Law Insider Premium to draft better contracts faster.