Common use of ADDITIONAL POWERS OF THE TRUSTEE Clause in Contracts

ADDITIONAL POWERS OF THE TRUSTEE. To the extent necessary or which it deems appropriate to implement its powers under Section 5 or otherwise to fulfill any of its duties and responsibilities as the Trustee of the Trust, the Trustee shall have the following additional powers and authority: (a) To register securities, or any other property, in its name or in the name of any nominee, including the name of any affiliate or the nominee name designated by any affiliate, with or without indication of the capacity in which property shall be held, or to hold securities in bearer form and to deposit any securities or other property in a depository or clearing corporation; (b) To designate and engage the services of, and to delegate powers and responsibilities to, such agents, representatives, advisers, counsel and accountants as the Trustee considers necessary or appropriate, any of whom may be an affiliate of the Trustee or a person who renders services to such an affiliate, and, as part of its expenses under this Trust Agreement, to pay their reasonable expenses and compensation; (c) To make, execute and deliver, as the Trustee, any and all deeds, leases, mortgages, conveyances, waivers, releases or other instruments in writing necessary or appropriate for the accomplishment of any of the powers listed in this Trust Agreement; and (d) Generally to do all other acts which the Trustee deems necessary or appropriate for the protection of the Trust.

Appears in 5 contracts

Samples: Non Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Trust Agreement (Fremont General Corp), Non Qualified Deferred Compensation Plan Trust Agreement (Per Se Technologies Inc)

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ADDITIONAL POWERS OF THE TRUSTEE. To the extent necessary or which it deems appropriate to implement its powers under Section 5 4 or otherwise to fulfill any of its duties and responsibilities as the Trustee of the Trust, the Trustee shall have the following additional powers and authority: (a) To register securities, or any other property, in its name or in the name of any nominee, including the name of any affiliate or the nominee name designated by any affiliate, with or without indication of the capacity in which property shall be held, or to hold securities in bearer form and to deposit any securities or other property in a depository or clearing corporation; (b) To designate and engage the services service of, and to delegate powers and responsibilities to, such agents, representatives, advisersadvisors, counsel and accountants as the Trustee considers necessary or appropriate, any of whom may be an affiliate of the Trustee or a person who renders services to such an affiliate, and, and as part of its expenses under this Trust Agreement, to pay their reasonable expenses and compensation; (c) To make, execute and deliver, as the Trustee, any and all deeds, leases, mortgages, conveyances, waivers, releases or other instruments in writing necessary or appropriate for the accomplishment of any of the powers listed in this Trust Agreement; and (d) Generally to do all other acts which the Trustee deems necessary or appropriate for the protection of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Millennium Chemicals Inc), Trust Agreement (Millennium Chemicals Inc)

ADDITIONAL POWERS OF THE TRUSTEE. To the extent necessary or which it deems appropriate to implement its powers under Section Article 5 or otherwise to fulfill any of its duties and responsibilities as the Trustee of the Trust, the Trustee shall have the following additional powers and authority: (ai) To register securities, or any other property, in its name or in the name of any nominee, including the name of any affiliate or the nominee name designated by any affiliate, with or without indication of the capacity in which property shall be held, or to hold securities in bearer form and to deposit any securities or other property in a depository or clearing corporation; (bii) To designate and engage the services of, and to delegate powers and responsibilities to, such agents, representatives, advisers, counsel and accountants as the Trustee considers necessary or appropriate, any of whom may be an affiliate of the Trustee or a person who renders services to such an affiliate, and, as part of its expenses under this Trust Agreement, to pay their reasonable expenses and compensation; (ciii) To make, execute and deliver, as the Trustee, any and all deeds, leases, mortgages, conveyances, waivers, releases or other instruments in writing necessary or appropriate for the accomplishment of any of the powers listed in this Trust Agreement; and, (div) Generally to do all other acts which the Trustee deems necessary or appropriate for the protection of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Fremont General Corp), Trust Agreement (Fremont General Corp)

ADDITIONAL POWERS OF THE TRUSTEE. To the extent necessary or which it deems appropriate to implement its powers under Section 5 or otherwise to fulfill any of its duties and responsibilities as the Trustee of the Trust, the Trustee shall have the following additional powers and authority: (a) To register securities, or any other property, in its name or in the name of any nominee, including the name of any affiliate or the nominee name designated by any affiliate, with or without indication of the capacity in which property properly shall be held, or to hold securities in bearer form and to deposit any securities or other property in a depository or clearing corporation; (b) To designate and engage the services of, and to delegate powers and responsibilities to, such agents, representatives, advisers, counsel and accountants as the Trustee considers necessary or appropriate, any of whom may be an affiliate of the Trustee or a person who renders services to such an affiliate, and, as part of its expenses under this Trust Agreement, to pay their reasonable expenses and compensation; (c) To make, execute and deliver, as the Trustee, any and all deeds, leases, mortgages, conveyances, waivers, releases or other instruments in writing necessary or appropriate for the accomplishment of any of the powers listed in this Trust Agreement; andand 6 (d) Generally to do all other acts which the Trustee deems necessary or appropriate for the protection of the Trust.

Appears in 1 contract

Samples: Contingent Share Award Agreement (Flextronics International LTD)

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ADDITIONAL POWERS OF THE TRUSTEE. To the extent necessary or which it deems appropriate to implement its powers under Section 5 or otherwise to fulfill any of its duties and responsibilities as the Trustee of the Trust, the Trustee shall have the following additional powers and authority: (a) To register securities, or any other property, in its name or in the name of any nominee, including the name of any affiliate or the nominee name designated by any affiliate, with or without indication of the capacity in which property shall be held, or to hold securities in bearer form and to deposit any securities or other property in a depository or clearing corporation; (b) To designate and engage the services of, and to delegate powers and responsibilities to, such agents, representatives, advisers, counsel and accountants as the Trustee considers necessary or appropriate, any of whom may be an affiliate of the Trustee or a person who renders services to such an affiliate, and, as a part of its expenses under this the Trust Agreement, to pay their reasonable expenses and compensation; (c) To make, execute and deliver, as the Trustee, any and all deeds, leases, mortgages, conveyances, waivers, releases or other instruments in writing necessary or appropriate for the accomplishment of any of the powers listed in this Trust Agreement; and (d) Generally to do all other acts which that the Trustee deems necessary or appropriate for the protection of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Barringer Technologies Inc)

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