General Powers and Authority. Subject only to the provisions of this Agreement, and in addition to any powers and authority conferred by this Agreement or by virtue of any statute or law, and without any action or consent by the Beneficiary (except as expressly required by this Agreement), the Managing Trustees shall have and may (but are not required to) exercise, at any time and from time to time, the following powers and authorities as they may deem proper:
Appears in 4 contracts
Samples: Trust Agreement (American Materials Transport, Inc.), Trust Agreement (Txi Transportation Co), Trust Agreement (Txi Transportation Co)
