Trustee's Administrative Powers. Except as otherwise provided herein, and subject to the Trustee's duties hereunder, the Trustee shall have the following powers and rights, in addition to those provided elsewhere in this Agreement or by law:
Trustee's Administrative Powers. The Trustee shall receive, hold, invest and reinvest contributions to the Trust and shall make disbursements from the Trust pursuant to Article VI hereinabove. For purposes of accounting and valuation, the records of the Trust shall be maintained on a cash receipts and disbursements basis, and in accordance with GAAP. The Trustee from time to time shall capitalize unexpended income and add the same to the principal of the Trust. Subject only to such instructions, rules and restrictions as may from time to time be adopted by the Authority and communicated to the Trustee, the Trustee shall have the following powers and rights in addition to those invested in the Trustee by law.
Trustee's Administrative Powers. Subject to any limitations or other provisions stated in Section 4.1 and elsewhere in this Agreement, the Trustees (including any substitute or successor Trustee) shall have the following powers, in addition to those powers conferred under the laws of the State of Delaware, as amended from time to time, and shall only exercise these powers in the furtherance of the Purpose of the Trust:
Trustee's Administrative Powers. Except as otherwise provided in the Trust Agreement, the Trustee shall exercise the following powers, rights and duties in addition to those provided elsewhere in the Trust Agreement or by law:
Trustee's Administrative Powers. The Trustee shall receive, hold, invest and reinvest contributions to the Trust fund and shall make disbursements from the Trust fund pursuant to the terms of this Plan. Subject to the consent of the Trustee, the Company shall have the right to make its contributions hereunder in property to the Trustee. The Trustee shall make payments from the Trust fund only to such persons, in such manner, at such times, and in such amounts as may be specified in written directions from the Company and not otherwise, and the Trustee shall be fully protected in making payments under the direction of the Company. For purposes of accounting and valuation, the records of the Trust shall be maintained on a cash receipts and disbursements basis. The Trustee from time to time shall capitalize unexpended income and add the same to the principal of the Trust. Subject only to such instructions, rules and restrictions as may from time to time be adopted by the Company and communicated to the Trustee, the Trustee shall have the following powers and rights in addition to those invested in the Trustee by law:
Trustee's Administrative Powers. (1) The Trustee may make regulations or other provisions relating to the Scheme or the administration of the Fund which are not already provided for. The regulations or provisions must not conflict with the Rules.
