Common use of Trustee's Right to Participate Clause in Contracts

Trustee's Right to Participate. The Trustee herein appointed and its successors may be parties to this Agreement as Beneficiary. The Trustee and any firm or corporation of which it may be a member, agent or employee and any corporation, trust or association of which it may be a trustee, stockholder, director, officer, agent or employee may contract with, or be or become pecuniarily interested, directly or indirectly, in, any matter or transaction to which the Company or any subsidiary or controlled or affiliated corporation may be a party or in which it may be concerned, as fully and freely as though such Trustee were not a trustee hereunder.

Trustee's Right to Participate. The Trustee herein appointed and its his or her successors may be parties to this Agreement as BeneficiaryBeneficiaries. The Trustee and any firm or corporation of which it he or she may be a membermembers, agent agents or employee employees and any corporation, trust or association of which it he or she may be a trusteeTrustee, stockholder, director, officer, agent or employee may contract with, with or be or become pecuniarily interested, directly or indirectly, in, in any matter or transaction to which the Company or any subsidiary or controlled or affiliated corporation may be a party or in which it may be concerned, as fully and freely as though such Trustee were not a trustee Trustee hereunder. The Trustee may act as director and/or officer of the Company and/or of any subsidiary or controlled or affiliated corporation of the Company.