Powers and Duties of the Trustees and the -------------------------------------------------------- Administrators. --------------
Powers and Duties of the Trustees. 5.1 The Trustees shall be responsible for the general supervision of the operation of the Plan, and shall conduct the business and activities of the Plan in accordance with this Trust Agreement and applicable law.
Powers and Duties of the Trustees. The Trustees are hereby empowered, in addition to any other power as set forth herein or conferred by law, but subject always to the powers, duties and responsibilities expressly reserved to the Sponsor Board under the Funding Agreement and the Sponsors Agreement, including, without limitation, under Article 6.3 thereof, as follows:
Powers and Duties of the Trustees. (1) The trustees shall make such structural modifications, alterations and additions to the building specified in Schedule A as they may consider necessary to make the building suitable and convenient for use as dispensary. The trustees may, now or at any time in future, demolish the building specified in Schedule A and construct a new building in its stead if they, in their discretion, think that such a course of action will better serve to fulfil the object of the trust.
Powers and Duties of the Trustees. The business of the Club shall be managed by the Trustees. They may pay all expenses incurred in promoting and constituting the Club, and may exercise all such powers of the Club as are not by this Constitution required to be exercised by the Club at a General Meeting. Without limiting the generality of the aforegoing, the powers of the Trustees include, inter alia, the following:
Powers and Duties of the Trustees. 1. Subject to the other provisions of this Agreement, the Trustees shall discharge their duties with respect to the Health and Welfare Fund solely:
Powers and Duties of the Trustees. (a) While this Trust Agreement is in effect and until the Shares are withdrawn from the Trust as hereinafter provided, the Trustees, in their unrestricted discretion, in person, by proxy or by written consent, shall have the sole and unqualified right and power to vote the Shares for the election of any person or persons as directors of the Company, and to act in connection with the voting of the Shares in the same manner and to the same extent as if they were the absolute owner thereof in their own right. On all other proposals or matters which are required to be or which shall be submitted for a vote of the Company's Capital Stock, the Trustees shall be entitled to vote the Shares, for or against such proposal or matter, or to refrain from voting, as they in their sole discretion shall determine.
Powers and Duties of the Trustees. While this Trust Agreement is in effect and until the Deposited Shares are withdrawn from the Trust as hereinafter provided, the Trustee, in person, by proxy or by written consent, shall have the sole and unqualified right and power to vote the Deposited Shares for the election of any person or persons as directors of the Company, and to act in connection with the voting of the Deposited Shares in the same manner and to the same extent, and subject to all applicable restrictions in respect of voting as expressed in the Company’s Bylaws and in the Stock Agreement, as if he were the absolute owner thereof in his own right. On all proposals or matters which are required to be or which shall be submitted for a vote of the Company’s voting Common Stock other than the election of directors, the Trustee shall be entitled to vote the Deposited Shares, for or against such proposal or matter, or to refrain from voting, as he in his sole discretion shall determine.
Powers and Duties of the Trustees. Except as otherwise provided in Article V, and subject to the provisions of Article VI, the Trustees 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:
Powers and Duties of the Trustees. To accomplish the purposes of the Trust, and subject to the provisions and limitations otherwise provided in this Trust Indenture, the Trustees shall have, in addition to the usual powers incident to their office and the powers granted to them in other parts of this Trust Indenture, the following rights, powers, duties, authority, discretion and privileges, all of which may be exercised by them without any order or authority from any court.
