Common use of Administrative Trustees Clause in Contracts

Administrative Trustees. The initial Administrative Trustees shall be: Israxx X. Xxxxx Jan X. Xxxx Stuaxx X. Xxxxxx c/o Hercules Incorporated Hercules Plaza 1313 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000-0000 Telephone: (302) 000-0000 Telecopier: (302) 000-0000 (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.

Appears in 4 contracts

Samples: Trust Agreement (Hercules Inc), Trust Agreement (Hercules Inc), Trust Agreement (Hercules Inc)

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Administrative Trustees. The initial Administrative Trustees shall be: Israxx X. Xxxxx Jan Michxxx X. Xxxx Xxxxx Stuaxx X. Xxxxxx c/o Hercules Incorporated Hercules Plaza 1313 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000-0000 Telephone: (302) 000-0000 Telecopier: (302) 000-0000 (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.

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

Administrative Trustees. The initial Administrative Trustees shall be: Israxx X. Xxxxx Jan X. Xxxx Stuaxx X. Xxxxxx c/o Hercules Incorporated Hercules Plaza 1313 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000-0000 Telephone: (302) 000-0000 Telecopier: (302) 000-0000 (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 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 3.6this Agreement.

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

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Administrative Trustees. The initial Administrative Trustees shall be: Israxx X. Xxxxx Jan X. Xxxx Stuaxx X. Xxxxxx c/o Hercules Incorporated Hercules Plaza 1313 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxx 00000-0000 Telephone: (302) 000-0000 Telecopier: (302) 000-0000 (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 3.6.3.06; and

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

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