Common use of Power to do any Necessary Act Clause in Contracts

Power to do any Necessary Act. To do all such acts, take all such proceedings, and exercise all such rights and privileges, not specifically mentioned, as the Trustees consider necessary to administer the Trust Fund.

Appears in 2 contracts

Samples: Retirement Compensation Arrangement Trust Agreement (Draxis Health Inc /Cn/), Retirement Compensation Allowance Agreement (Draxis Health Inc /Cn/)

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Power to do any Necessary Act. To do all such acts, take all such proceedings, and exercise all such rights and privileges, although not specifically mentionedmentioned herein, as the Trustees consider Trustee may deem necessary to administer the Trust FundFund and to carry out the purposes of this Trust Agreement.

Appears in 2 contracts

Samples: 401(k) Trust Agreement (Southtrust Corp), 401(k) Trust Agreement (Southtrust Corp)

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Power to do any Necessary Act. To do all such acts, take all such proceedings, and exercise all such rights and privileges, although not specifically mentionedmentioned herein, as the Trustees consider Trustee may deem necessary to administer the Trust FundFund and to carry out the purposes of this Trust.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan and Trust (Southwest Georgia Financial Corp), Employee Stock Ownership Plan and Trust (Southwest Georgia Financial Corp)

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