Common use of Further Powers Clause in Contracts

Further Powers. The Trustees shall have power to conduct -------------- the business of the Trust or any Series thereof, carry on its operations and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his duties hereunder.

Appears in 2 contracts

Samples: Pacific Select Fund, Pacific Select Fund

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Further Powers. The Trustees shall have power to conduct the -------------- the business of the Trust or any Series Portfolio thereof, carry on its operations and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series Portfolio thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series Portfolio thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, Declaration the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his duties hereunder.

Appears in 1 contract

Samples: Agreement (Fulcrum Trust)

Further Powers. The Trustees shall have power to conduct -------------- the business of the Trust or any Series thereof, carry on its operations and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series series thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his duties hereunder.

Appears in 1 contract

Samples: Uslico Series Fund (Uslico Series Fund/Va/)

Further Powers. The Trustees shall have power to conduct -------------- the business of the Trust or any Series Portfolio thereof, carry on its operations and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series Portfolio thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series Portfolio thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his duties hereunder.

Appears in 1 contract

Samples: Agreement And (Palladian Trust)

Further Powers. The Trustees shall have power to conduct the ----- -------------- the business of the Trust or any Series or Class thereof, carry on its operations and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series or Class thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series or Class thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his or her duties hereunder.

Appears in 1 contract

Samples: Pacific Select Fund

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Further Powers. The Trustees shall have power to conduct -------------- the business of the Trust or any Series thereof, thereof and carry on its operations in any and all of its branches and maintain offices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities instrumental ties of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series thereof although such things are at not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to of the Trustees. The Trustees will not nut be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his duties hereunder.

Appears in 1 contract

Samples: Explorer Institutional Trust

Further Powers. The Trustees shall have power to conduct -------------- the business of the Trust or any Series or Class thereof, carry on its operations and maintain offices ofices both within and without the Commonwealth of Massachusetts, in any and all states of the United States of America, in the District of Columbia, and in any and all commonwealths, territories, dependencies, colonies, possessions, agencies or instrumentalities of the United States of America and of foreign governments, and to do all such other things and execute all such instruments as they deem necessary, proper or desirable in order to promote the interests of the Trust or any Series or Class thereof although such things are not herein specifically mentioned. Any determination as to what is in the interests of the Trust or any Series or Class thereof made by the Trustees in good faith shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees. The Trustees will not be required to obtain any court order to deal with the Trust Property. No Trustee shall be required to give any bond or other security for the performance of any of his or her duties hereunder.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (GCG Trust)

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