Common use of Term of Contracts Clause in Contracts

Term of Contracts. In exercising the rights and powers granted hereunder, the Trustee is authorized to make the term of any transaction or contract or other instrument extend beyond the term of the Trust.

Appears in 16 contracts

Samples: Trust Agreement (Whiting USA Trust II), Trust Agreement (Whiting USA Trust II), Trust Agreement (VOC Energy Trust)

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Term of Contracts. In To the fullest extent permitted by law, in exercising the rights and powers granted hereunder, the Trustee is authorized to make the term of any transaction or contract or other instrument extend beyond the term of the Trust.

Appears in 12 contracts

Samples: Trust Agreement (PermRock Royalty Trust), Trust Agreement (Boaz Energy II, LLC), Trust Agreement (PermRock Royalty Trust)

Term of Contracts. In exercising the rights and powers granted hereunder, the Trustee is authorized to make the term of any transaction or contract or other instrument extend beyond the term of the TrustTrust to the extent necessary to fulfill its obligations under this Agreement.

Appears in 10 contracts

Samples: Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II)

Term of Contracts. In exercising the rights and powers granted hereunder, the Trustee Trustee, unless expressly prohibited elsewhere in this Indenture, is authorized to make the term of any transaction or contract or other instrument extend beyond the term of the Trust.

Appears in 1 contract

Samples: Trust Indenture (Kiewit Royalty Trust)

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Term of Contracts. In exercising the rights and powers granted hereunder, subject to Section 3.3, the Trustee is authorized to make the term of any transaction or contract or other instrument extend beyond the term of the Trust.

Appears in 1 contract

Samples: Royalty Trust Agreement (Newfield Exploration Co /De/)

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