No Power to Engage in Business or Make Investments Sample Clauses

No Power to Engage in Business or Make Investments. The Trustees shall not, in their capacities as Trustees under the Trust, acquire any oil and gas property other than the After-Payout Working Interests, nor engage in any business or investment activity of any kind whatsoever. Nothing contained in this Section 6.03 shall prevent the Trustees from taking those actions as are expressly permitted by other portions hereof or reasonably related thereto, including the dissolution of the Trust.
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No Power to Engage in Business or Make Investments. Neither the Trustee nor the Delaware Trustee shall cause or permit the Trust to acquire any asset other than the Net Profits Interest and Pre-Effective Time Payment and proceeds therefrom, the rights of the Trust to enforce the terms and provisions of the Administrative Services Agreement and the Registration Rights Agreement, and other amounts paid to the Trust as set forth herein, or engage in any business or investment activity of any kind whatsoever, except for the activities permitted herein. Neither the Trustee nor the Delaware Trustee shall have any responsibility or authority relating to the operations of the Underlying Properties or the marketing of any production therefrom.
No Power to Engage in Business or Make Investments. The Trustee shall not, in its capacity as Trustee under this Agreement, engage in any business, commercial or investment activity of any kind whatsoever, except as permitted in Section 6.09 hereof, and shall not under any circumstances use any portion of the Trust Estate to acquire any oil and gas lease, royalty or other mineral interest other than the Royalties and any Other Trust Interest or, except as permitted in Sections 6.09 and 6.14, acquire any other asset. The Trustee shall not accept any contribution to the Trust other than the Royalties and the Other Trust Interests.
No Power to Engage in Business or Make Investments. Neither the Trustee nor the Delaware Trustee shall cause the Trust to acquire any asset other than the Royalty Interests and proceeds therefrom and other amounts paid to the Trust as set forth herein, or engage in any business or investment activity of any kind whatsoever, except for the activities permitted herein. Neither the Trustee nor the Delaware Trustee shall have any responsibility or authority relating to the operations of the Underlying Properties or the marketing of any production therefrom. Neither the Trustee nor the Delaware Trustee shall accept contributions to the Trust other than the Royalty Interests and the initial cash deposit.
No Power to Engage in Business or Make Investments. Notwithstanding any provision of the Delaware Trust Act, the Trustee shall not cause the Trust to engage in any business, commercial or investment activity of any kind whatsoever, except for investment activity permitted in Section 6.07 hereof, and shall not under any circumstances use any portion of the Trust Estate to acquire any oil and gas lease, royalty or other mineral interest or, except as permitted in Sections 6.07 and 6.12, acquire any other asset. The Trustee shall not accept any contribution to the Trust other than the Initial Royalty Interest, any Additional Royalty Interest and any cash required to be deposited pursuant to Section 2.04 hereof; provided that nothing herein shall be construed to prevent the Trust from receiving the benefits of the Conveyance and the Support Agreement.
No Power to Engage in Business or Make Investments. The Trustee shall not, in its capacity as Trustee under the Trust, acquire any coal lease, royalty or other mineral interest other than the Royalties, or except as permitted in Section 3.04, acquire any other asset or engage in any business or investment activity of any kind whatsoever.
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