Common use of Powers generally Clause in Contracts

Powers generally. shall, without prejudice to any of the powers, discretions and immunities conferred upon trustees by law (and to the extent not inconsistent with the provisions of this Agreement or any of the Transaction Security Documents), have all the same powers and discretions as a natural person acting as the beneficial owner of such property and/or as are conferred upon the Security Agent by this Agreement and/or any Transaction Security Document but so that the Security Agent may only exercise such powers and discretions to the extent that it is authorised to do so by the provisions of this Agreement;

Powers generally. shall, without prejudice to any of the powers, discretions and immunities conferred upon trustees by law (and to the extent not inconsistent with the provisions of this Agreement or any of the Transaction Security Documents), have all the same powers and discretions as a natural person acting as the beneficial owner of such property and/or as are conferred upon the Security Agent Trustee by this Agreement and/or any Transaction Security Document but so that the Security Agent Trustee may only exercise such powers and discretions to the extent that it is authorised to do so by the provisions of this Agreement;

Powers generally. shall, without prejudice to any of the powers, discretions and immunities conferred upon trustees by law (and to the extent not inconsistent with the provisions of this Agreement or any of the Transaction Security Documents), have all the same powers and discretions as a natural person acting as the beneficial owner of such property and/or as are conferred upon the Security Agent Trustee by this Agreement Back to Contents and/or any Transaction Security Document but so that the Security Agent Trustee may only exercise such powers and discretions to the extent that it is authorised to do so by the provisions of this AgreementAgreement (including specifically, but without limitation, clause 17.3(b));