Common use of Exercise of Owner's Rights Clause in Contracts

Exercise of Owner's Rights. Deal with any Qualified Investment which is held as part of the Fund. In doing so, the Trustee may exercise the voting rights attached to any Qualified Investment; give general or special proxies or powers of attorney with or without power of substitution with respect thereto; exercise any conversion privileges, subscription rights, or other options, and make any payments incidental thereto; oppose, or consent to, or otherwise participate in, corporate reorganizations or other changes affecting corporate securities that are Qualified Investments; and, subject to section 5.2, delegate discretionary powers and generally exercise any of the powers of an owner with respect to all Qualified Investments held as part of the Fund.

Exercise of Owner's Rights. Deal with any Qualified Investment which is held as part of the Fund. In doing so, the Trustee may exercise the voting rights attached to any Qualified Investment; give general or special proxies or powers of attorney with or without power of substitution with respect thereto; exercise any conversion privileges, subscription rights, or other options, and make any payments incidental thereto; oppose, or consent to, or otherwise participate in, corporate reorganizations or other changes affecting corporate securities that are Qualified Investments; and, subject to in accordance with this Agreement, including section 5.2, delegate discretionary powers and generally exercise any of the powers of an owner with respect to all Qualified Investments held as part of the Fund.