POWERS OF INVESTMENT Sample Clauses

POWERS OF INVESTMENT. Save as expressly provided for in this Deed, the Mortgages Trustee Guaranteed Investment Contract and the Bank Account Agreement, the Mortgages Trustee shall have no further or other powers of investment with respect to the Trust Property and neither the Trustee Investments Act 1961 nor any other provision relating to trustee powers of investment implied by statute or general law shall apply to the Mortgages Trust and, for the avoidance of doubt, the statutory power to accumulate income conferred on trustees by Section 31 of the Trustee Act 1925 is expressly excluded.
AutoNDA by SimpleDocs
POWERS OF INVESTMENT. The Mortgages Trustee may invest, and may appoint the Cash Manager to invest on its behalf, any amounts standing to the credit of the Mortgages Trustee Transaction Account in Authorised Investments. Save as expressly provided in this Deed, the Mortgages Trustee Guaranteed Investment Contract and the Bank Account Agreement, the Mortgages Trustee shall have no further or other powers of investment with respect to the Trust Property and (to the extent permitted by applicable law) the Trustee Xxx 0000 shall not nor shall any other provision relating to trustee powers of investment implied by statute or general law shall apply to the Mortgages Trust.
POWERS OF INVESTMENT. 17 21. Other Provisions regarding the Mortgages Trustee....................... 17 22. No Retirement of Mortgages Trustee..................................... 18 23. Termination............................................................ 18 24.
POWERS OF INVESTMENT. 10.1 The power to invest conferred by trustees by section 13A(1) of the Trustee Act is hereby excluded.
POWERS OF INVESTMENT. 6.4.1 Subject to the terms of the relevant MTN Supplement, the Issuer shall have no power of investment.
POWERS OF INVESTMENT. Unless permitted by the terms of the relevant Loan Note Supplement, the Loan Note Issuer shall have no power of investment.
POWERS OF INVESTMENT. 10.1 The powers conferred by this clause or any other part thereof or any other part of this Deed shall not be in any way limited or restricted by the terms or any other part or by any statutory power or provisions and the Trustees shall not be bound by the requirements of section 13B, C and E of the Trustee Act.
AutoNDA by SimpleDocs
POWERS OF INVESTMENT. 7.1 The Trustees may invest all or any part of the Trust Fund held by them under this Deed, either alone or in common with any other person or persons, in all or any of the following investments:
POWERS OF INVESTMENT. (a) Subject to Section 1.5 and the limitations and requirements hereof, and applicable laws, the Trustee shall have full power to invest and reinvest and/or cause to be invested and reinvested the assets of the Trust Fund in such manner as he deems beneficial and appropriate for the conservation and growth of the Trust Fund without his being limited or bound by any rule or custom relating to investments by trustees.
POWERS OF INVESTMENT. 7 Section 3.3 Duties of Trustee...........................................8 Section 3.4
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!