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.
Appears in 5 contracts
Samples: Trust Deed (Open Joint Stock Co Vimpel Communications), Trust Deed (Open Joint Stock Co Vimpel Communications), Trust Deed (Open Joint Stock Co Vimpel Communications)
Competence of a Majority of Trustees. Whenever there shall be more than two trustees hereof hereof, the majority of such trustees shall (provided such majority includes a trust corporationTrust Corporation) be competent to execute and exercise all the trusts, powers, authorities and discretions discretion vested by these presents in the Trustee generallythis Trust Deed.
Appears in 4 contracts
Samples: Supplemental Trust Deed, Eighth Supplemental Trust Deed, Seventh Supplemental Trust Deed
Competence of a Majority of Trustees. Whenever there shall be more than two trustees hereof Trustees having equal authority under this Trust Deed, the majority of such trustees Trustees shall (provided such majority includes a trust corporation) be competent to execute and exercise all the duties, powers, trusts, powersrights, authorities and discretions vested by these presents this Trust Deed in the Trustee generally.
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