Administrative Trustees Clause Samples

Administrative Trustees. The initial Administrative Trustees shall be: Isra▇▇ ▇. ▇▇▇▇▇ Jan ▇. ▇▇▇▇ Stua▇▇ ▇. ▇▇▇▇▇▇ c/o Hercules Incorporated Hercules Plaza 1313 ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Telephone: (302) ▇▇▇-▇▇▇▇ Telecopier: (302) ▇▇▇-▇▇▇▇ (a) Except as expressly set forth in this Agreement and except if a meeting of the Administrative Trustees is called with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (b) Unless otherwise determined by the Administrative Trustees, and except as otherwise required by the Business Trust Act or applicable law, any Administrative Trustee acting alone is authorized to execute on behalf of the Trust any documents which the Administrative Trustees have the power and authority to cause the Trust to execute pursuant to Section 3.6.

Administrative Trustees. The initial Administrative Trustees shall be: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ R. ▇▇▇▇▇ ▇▇▇▇▇▇ c/o Webster Financial Corporation ▇▇▇▇▇▇▇ Plaza ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Telecopier: (___) ___-____ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ (a) Except as expressly set forth in this Trust Agreement and except if a meeting of the Administrative Trustees is called with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (b) Unless otherwise determined by the Administrative Trustees, and except as otherwise required by the Statutory Trust Act or applicable law, any Administrative Trustee acting alone is authorized to execute on behalf of the Trust any documents which the Administrative Trustees have the power and authority to cause the Trust to execute pursuant to Section 3.6. (c) An Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purposes of signing any documents which the Administrative Trustees have power and authority to cause the Trust to execute pursuant to Section 3.6.

Administrative Trustees. The Administrative Trustees of the Trust are employees of the Company and have been duly authorized by the Company to execute and deliver the Trust Agreement.

Administrative Trustees. 29 SECTION 6.06 Delaware Trustee........................................29 SECTION 6.07 Appointment, Removal and Resignation of Trustees........30 SECTION 6.08 Vacancies among Trustees................................31 SECTION 6.09 Effect of Vacancies.....................................31 SECTION 6.10 Meetings................................................31 SECTION 6.11

Administrative Trustees. (a) The initial Administrative Trustees shall be: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ c/o New South Bancshares, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ c/o New South Bancshares, Inc. ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (b) Except as expressly set forth in this Trust Agreement and except if a meeting of the Administrative Trustees is called with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (c) Unless otherwise determined by the Administrative Trustees, and except as otherwise required by the Business Trust Act or applicable law, any Administrative Trustee is authorized to execute on behalf of the Trust any documents which the Administrative Trustees have the power and authority to cause the Trust to execute pursuant to Section 3.6, provided, that, the registration statement referred to in Section 3.6, including any amendments thereto, shall be signed by all of the Administrative Trustees; and (d) An Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purposes of signing any documents which the Administrative Trustees have power and authority to cause the Trust to execute pursuant to Section 3.6.

Administrative Trustees. The initial Administrative Trustees shall be: ------------------------------- ------------------------------- (a) Except as otherwise expressly set forth in this Agreement and except if a meeting of the Administrative Trustees is called in accordance with Section 5.9 with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (b) Unless otherwise determined by the Administrative Trustees in accordance with Section 5.9, and except as otherwise required by the Delaware Statutory Trust Act or applicable law, any Administrative Trustee is authorized to execute on behalf of the Trust any documents which the Administrative Trustees have the power and authority to cause the Trust to execute pursuant to Section 3.6.

Administrative Trustees. The Property Trustee and the Delaware Trustee may be the same Person.

Administrative Trustees. Each of the Administrative Trustees of Trust is an officer of Company and has been duly authorized by Company to execute and deliver the Declaration of Trust.

Administrative Trustees. The initial Administrative Trustees shall be: Ira S. Lederman c/o W. R. Berkley Corporation ▇▇▇ Steamboat Road ▇▇eenwich, Connecticut 06830 ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇/▇ ▇. ▇. ▇▇▇▇ley Corporation ▇▇▇ Steamboat Road ▇▇eenwich, Connecticut 06830 (▇) ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇d except if a meeting of the Administrative Trustees is called with respect to any matter over which the Administrative Trustees have power to act, any power of the Administrative Trustees may be exercised by, or with the consent of, any one such Administrative Trustee. (b) As more specifically provided in Section 5.10, an Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purposes of signing any documents which the Administrative Trustees have power and authority to cause the Trust to execute pursuant to Section 3.6.