Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o)
Appears in 3 contracts
Samples: Compensation Trust Agreement (Savannah Electric & Power Co), Deferred Stock Trust Agreement (Savannah Electric & Power Co), Compensation Trust Agreement (Savannah Electric & Power Co)
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Grantor rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o).
Appears in 2 contracts
Samples: Trust Agreement (General Mills Inc), Benefits Trust Agreement (Darden Restaurants Inc)
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o).
Appears in 2 contracts
Samples: Compensation Trust Agreement (Gulf Power Co), Compensation Trust Agreement (Southern Power Co)
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Grantor rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's ’s worth. (o).
Appears in 2 contracts
Samples: Trust Agreement (General Mills Inc), Trust Agreement (General Mills Inc)
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Grantor rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o)
Appears in 1 contract
Samples: Trust Agreement (General Mills Inc)
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Grantor rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's ’s worth. (o),
Appears in 1 contract
Samples: Deferred Stock Trust Agreement (Banctrust Financial Group Inc)
Grant of Powers Limited. The Trustee expressly is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Company rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o).
Appears in 1 contract
Grant of Powers Limited. The Trustee is expressly prohibited from exercising any powers vested in it primarily for the benefit of the Grantors Grantor rather than for the benefit of the Beneficiaries. The Trustee shall not have the power to purchase, exchange, or otherwise deal with or dispose of the assets of the Trust for less than adequate and full consideration in money or money's worth. (o),
Appears in 1 contract
Samples: Deferred Stock Trust Agreement (Banctrust Financial Group Inc)
