Common use of Powers and Duties of the Trustee Clause in Contracts

Powers and Duties of the Trustee. Except as otherwise provided in Article V, and subject to the provisions of Article VI, the Trustee shall have full power and authority with respect to property held in the Trust to perform all acts, take all proceedings, and exercise all rights and privileges, whether specifically referred to or not in this document, as could be done, taken or exercised by the absolute owner, including, without limitation, the following:

Appears in 5 contracts

Samples: Special Separation Allowance Trust, Trust Agreement, Trust Agreement

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