Common use of Further Powers of the Trustees Clause in Contracts

Further Powers of the Trustees. The Trustees shall have the power to prescribe any form provided for or contemplated by this Contract of Trust. The Trustees may make, adopt, amend, or repeal regulations containing provisions relating to the Trust, the conduct of its affairs, their rights or powers and the rights or powers of its Unitholders or officers not inconsistent with law or with this Contract of Trust. The Trustees shall also be entitled to make any reasonable decisions, designations or determinations not contrary to this Contract of Trust which they may determine are necessary or desirable in interpreting, applying or administering this Contract of Trust or in administering, managing or operating the Trust. Subject to subsection 9.7.1.8, any regulations, decisions, designations or determinations made pursuant to this section 4.3 shall be conclusive and binding upon all persons affected thereby.

Appears in 2 contracts

Samples: Contract of Trust, content.cominar.com

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Further Powers of the Trustees. The Trustees shall have the power to prescribe any form provided for or contemplated by this Contract of Trust. The Trustees may make, adopt, amend, or repeal regulations containing provisions relating to the Trust, the conduct of its affairs, their rights or powers and the rights or powers of its Unitholders or officers not inconsistent with law or with this Contract of Trust. The Trustees shall also be entitled to make any reasonable decisions, designations or determinations not contrary to this Contract of Trust which they may determine are necessary or desirable in interpreting, applying or administering this Contract of Trust or in administering, managing or operating the Trust. Subject to subsection 9.7.1.8, any Any regulations, decisions, designations or determinations made pursuant to this section 4.3 shall be conclusive and binding upon all persons affected thereby.

Appears in 1 contract

Samples: Contract of Trust

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Further Powers of the Trustees. The Trustees shall have the power to prescribe any form provided for or contemplated by this Contract of Trust. The Trustees may make, adopt, amend, or repeal regulations containing provisions relating to the Trust, the conduct of its affairs, their rights or powers and the rights or powers of its Unitholders or officers not inconsistent with law or with this Contract of Trust. The Trustees shall also be entitled to make any reasonable decisions, designations or determinations not contrary to this Contract of Trust which they may determine are necessary or desirable in interpreting, applying or administering this Contract of Trust or in administering, managing or operating the Trust. Subject to subsection 9.7.1.8, any regulations, decisions, designations or determinations made pursuant to this section 4.3 shall be conclusive and binding upon all persons affected thereby.

Appears in 1 contract

Samples: Contract of Trust

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