Competence of a Majority of Trustees. Whenever there shall be more than two trustees hereof the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by this Trust Deed in the Trustee generally.
Competence of a Majority of Trustees. Whenever there shall be more than two trustees hereof the majority of such trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions vested by these presents in the Trustee generally.
Competence of a Majority of Trustees. If there are more than 2 Trustees the majority of them shall be competent to perform the Trustee'sTrustee’s functions provided the majority includes a trust corporation.
Competence of a Majority of Trustees. If there are more than two Trustees appointed hereunder the majority of such Trustees will (provided such majority includes a trust corporation) be competent to carry out all or any of the Trustee’s functions under this Trust Deed. NOTES HELD IN CLEARING SYSTEMS AND COUPONHOLDERS
19.1 Notes Held in Clearing Systems So long as any Global Note is, or any Notes represented by a Global Note are, held on behalf of a clearing system, in considering the interests of Noteholders, the Trustee may have regard to any information provided to it by such clearing system or its operator as to the identity (either individually or by category) of its accountholders or participants with entitlements to any such Global Note and may consider such interests on the basis that such accountholders or participants were the holder(s) thereof. Currency Indemnity
Competence of a Majority of Trustees. If there are more than two Trustees the majority of such Trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the duties, powers, trusts, authorities and discretions vested by this Principal Trust Deed and/or any Supplemental Trust Deed in the Trustee. 14 Trustee not precluded from entering into Contracts Neither the Trustee nor any director or officer of a corporation acting as a Trustee or holding or associated company of such corporation shall be precluded from acquiring, holding, dealing in or disposing of the Notes, Receipts, Coupons or Talons of such Series or any of them or any shares or securities whatsoever of the Issuer or any other person or from otherwise at any time contracting or entering into any financial or other transactions with the Issuer or any other person or from being interested in any contract or transaction or from accepting and holding the office of trustee for the holders of any securities of the Issuer or any other person (in each case with the same rights as it would have had if the Trustee were not acting) and shall not be liable to account for any profit.
