Multiple Trustees. If more than one Trustee is appointed hereunder at any one time, or from time to time, all rights granted to and all powers conferred upon Trustee hereunder may be exercised by any or all of such Trustees, independently or jointly. Action exercised by one Trustee shall be deemed valid and binding on all Trustees.
Appears in 4 contracts
Samples: Security Agreement (Glimcher Realty Trust), Security Agreement and Fixture Filing (Consolidated Capital Properties Iv), Security Agreement and Fixture Filing (Valcent Products Inc.)