Common use of Situs, Mind and Management Clause in Contracts

Situs, Mind and Management. The Trustee shall: 2.4.1 manage and administer the affairs of the PRT from one or more of its offices in the Province of Alberta; 2.4.2 only appoint trust officers who are resident in Alberta to have authority to make investment or administrative decisions respecting the Trust Fund; 2.4.3 to the extent reasonably possible, only appoint Agents who shall manage and administer the affairs of the PRT from offices in the Province of Alberta and shall comply with section 2.4.2 mutatis mutandis, and in any event, only delegate authority with regard to material investment or administrative decisions respecting the Trust Fund to Agents who shall manage the affairs of the PRT from offices in the Province of Alberta and shall comply with section

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Situs, Mind and Management. The Trustee shall: 2.4.1 2.3.1 manage and administer the affairs of the PRT from one or more of its offices in the Province of Alberta; 2.4.2 2.3.2 only appoint trust officers who are resident in Alberta to have authority to make investment or administrative decisions respecting the Trust Fund; 2.4.3 2.3.3 to the extent reasonably possible, only appoint Agents who shall manage and administer the affairs of the PRT from offices in the Province of Alberta and shall comply with section 2.4.2 2.3.2 mutatis mutandis, and in any event, only delegate authority with regard to material investment or administrative decisions respecting the Trust Fund to Agents who shall manage the affairs of the PRT from offices in the Province of Alberta and shall comply with section

Appears in 1 contract

Samples: Trust Agreement

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Situs, Mind and Management. The Trustee shall: 2.4.1 manage and administer the affairs of the PRT from one or more of its offices in the Province of Alberta; 2.4.2 only appoint trust officers who are resident in Alberta to have authority to make investment or administrative decisions respecting the Trust Fund; 2.4.3 to the extent reasonably possible, only appoint Agents who shall manage and administer the affairs of the PRT from offices in the Province of Alberta and shall comply with section 2.4.2 mutatis mutandis, and in any event, only delegate authority with regard to material investment or administrative decisions respecting the Trust Fund to Agents who shall manage the affairs of the PRT from offices in the Province of Alberta and shall comply with section

Appears in 1 contract

Samples: Trust Agreement

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