Prohibition of Actions by the Trust and the Trustees Sample Clauses

Prohibition of Actions by the Trust and the Trustees. (a) The Trust shall not, and none of the Trustees (including the Property Trustee) shall cause the Trust to, engage in any activity other than as required or authorized by this Trust Agreement. In particular, the Trust shall not and none of the Trustees (including the Property Trustee) shall cause the Trust to:
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Prohibition of Actions by the Trust and the Trustees. The Trust shall not, and the Trustees (including the Property Trustee and the Delaware Trustee) shall not, and the Administrative Trustees shall cause the Trust not to, engage in any activity other than as required or authorized by this Trust Agreement. The Trust shall not:
Prohibition of Actions by the Trust and the Trustees. (a) The Trust shall not, and the Trustees shall not, engage in any activity other than as required or authorized by this Declaration. In particular, the Trust shall not and the Trustees shall cause the Trust not to:
Prohibition of Actions by the Trust and the Trustees. (a) The Trust shall not, and the Trustees (including the Property Trustee) shall cause the Trust not to, engage in any activity other than as required or authorized by this Trust Agreement. In particular, the Trust shall not and the Trustees (including the Property Trustee) shall cause the Trust not to: invest any proceeds received by the Trust from holding the Preferred Partnership Securities, but shall distribute all such proceeds to Holders pursuant to the terms of this Trust Agreement and of the Preferred Trust Securities; acquire any assets other than as expressly provided herein; possess Trust property for other than a Trust purpose; make any loans or incur any indebtedness or acquire any securities other than the Preferred Partnership Securities; possess any power or otherwise act in such a way as to vary the Trust assets or the terms of the Preferred Trust Securities in any way whatsoever; issue any securities or other evidences of beneficial ownership of, or beneficial interest in, the Trust other than the Preferred Trust Securities; other than as set forth herein, (A) cause the Special Representative to direct the time, method and place of conducting any proceeding for any remedy available to the Special Representative or exercising any trust or power conferred upon the Special Representative with respect to the Preferred Partnership Securities, the Affiliate Investment Instruments, and the Investment Guarantees, (B) cause the Special Representative to waive any past default that is waivable under the Limited Partnership Agreement, the Affiliate Investment Instruments or the Investment Guarantees, (C) cause the Special Representative to exercise any right to rescind or annul any declaration that the principal of, or other amounts in respect of, any Affiliate Investment Instrument or Investment Guarantee is due and payable or (D) consent to any amendment, modification or termination of the Limited Partnership Agreement or the Preferred Partnership Securities where such consent shall be required; and other than in connection with the liquidation of the Trust pursuant to a Trust Special Event or upon redemption of all the Preferred Trust Securities, file a certificate of cancellation of the Trust.
Prohibition of Actions by the Trust and the Trustees. The Trust shall not have the power or authority to, and the Trustees shall not cause the Trust to:

Related to Prohibition of Actions by the Trust and the Trustees

  • ACTIONS BY OWNER TRUSTEE SECTION 4.1. Prior Notice to Certificateholders with Respect to Certain Matters......................12 SECTION 4.2. Action by Certificateholders with Respect to Certain Matters............................13 SECTION 4.3. Action by Certificateholders with Respect to Bankruptcy.................................13 SECTION 4.4. Restrictions on Certificateholders' Power...............................................13 SECTION 4.5. Majority Control........................................................................13 ARTICLE V

  • SECURITYHOLDERS LISTS AND REPORTS BY THE ISSUER AND THE TRUSTEE Section 4.01. Issuer to Furnish Trustee Information as to Names and Addresses of Securityholders...................................28 Section 4.02. Preservation and Disclosure of Securityholders Lists...........28 Section 4.03. Reports by the Issuer..........................................28 Section 4.04. Reports by the Trustee.........................................28

  • CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR Section 8.1

  • Concerning the Trustee and the Securities Administrator Events of Default SECTION 6.01 Duties of Trustee and the Securities Administrator.

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