Common use of Additional Authority Clause in Contracts

Additional Authority. The Trustees are hereby empowered, in addition to such other powers as are set forth herein or conferred by law, (a) to enter into any and all contracts and agreements for carrying out the terms of this Trust Agreement and for the administration of the Trust Fund, and to do all acts as they, in their discretion, may deem necessary or advisable, and such contracts and agreements and acts shall be binding and conclusive on the parties hereto and on the Participants involved; (b) to keep property and securities registered in names of the Trustees or of the Fund or in the name of any other individual or entity duly designated by the Trustees; (c) to establish and accumulate as part of the Trust Fund such reasonable reserve funds as the Trustees, in their sole discretion, deem necessary or desirable to carry out the purposes of such Trust Fund; (d) to pay out of the Trust Fund all real and personal property taxes, income taxes, and other taxes of any and all kinds levied or assessed under existing or future laws upon or in respect to the Trust Fund, or any money, property, or securities forming a part thereof; (e) to do all acts, whether or not expressly authorized herein, which the Trustees may deem necessary or proper for the protection of the property held hereunder; and (f) to sell, exchange, lease, convey, mortgage or dispose of any property, whether real or personal, at any time forming a part of the Trust Fund upon such terms as they may deem proper, and to execute and deliver any and all instruments of conveyance, lease, mortgage and transfer in connection therewith.

Additional Authority. The Trustees are hereby empowered, empowered in addition to such other powers as are set forth herein or conferred by law,: (a) to To enter into any and all contracts and agreements for carrying out the terms of this Trust Agreement and for the administration of the Trust Fund, and to do all acts as they, in their sole discretion, may deem necessary or advisable, and such contracts and agreements and acts shall be binding and conclusive on the parties hereto and on the Participants involved; (b) to To keep property and securities registered in names the name of the Trustees or of the Fund or in the name of any other individual or entity duly designated by the TrusteesTrust Fund; (c) to To establish and accumulate as part of the Trust Fund such reasonable reserve funds as the Trustees, in their sole discretion, deem necessary or desirable to carry out the purposes of such Trust Fund; (d) to To pay out of the Trust Fund all real and personal property taxes, income taxes, and other taxes of any and all kinds levied or assessed under existing or future laws upon or in respect to the Trust Fund, or any money, property, or securities forming a part thereof; (e) To sell, exchange, lease, convey, mortgage or dispose of any property, whether real or personal, forming a part of the Trust Fund upon such terms as they may deem proper; and to execute and deliver at any time, any and all instruments of conveyance, lease, mortgage and transfer in connection therewith, and (f) To do all acts, whether or not expressly authorized herein, which the Trustees may deem necessary or proper for the protection of the property held hereunder; and (f) to sell, exchange, lease, convey, mortgage or dispose of any property, whether real or personal, at any time forming a part of the Trust Fund upon such terms as they may deem proper, and to execute and deliver any and all instruments of conveyance, lease, mortgage and transfer in connection therewith.

Additional Authority. The Trustees are hereby empowered, in addition to such other powers as are set forth herein or conferred by law,law to use and apply the EPB Fund for the following purposes: (a) to To enter into any and all contracts and agreements for carrying out the terms of this Trust Agreement and for the administration of the Trust EPB Fund, . and to do all acts as they, in their sole discretion, may deem necessary or advisable, and such contracts and agreements and acts shall be binding and conclusive on the parties hereto and on the Participants Participants, Beneficiaries and Retirees involved;. (b) to To keep property and securities registered in the names of the Trustees or of the EPB Fund or in the name of any other individual or entity duly designated by the Trustees;. (c) to To establish and accumulate as part of the Trust EPB Fund such reasonable reserve funds as the Trustees, in their sole discretion, deem necessary or desirable to carry out the purposes of such Trust the EPB Fund;. (d) to To pay out of the Trust EPB Fund all real and personal property taxes, income taxes, and other taxes of any and all kinds levied or assessed under existing or future laws upon or in respect to the Trust EPB Fund, or any money, property, or securities forming a part thereof;. (e) to To do all acts, whether or not expressly authorized herein, which the Trustees Trustees, in their sole discretion, may deem necessary or proper for the protection of the property held hereunder; and. (f) to To sell, exchange, lease, convey, mortgage or dispose of any property, whether real or personal, at any time forming a part of the Trust EPB Fund upon such terms as they they, in their sole discretion, may deem proper, and to execute and deliver any and all instruments of conveyance, lease, mortgage and transfer in connection therewith. Section 4.10.

Additional Authority. The Trustees are hereby empowered, in addition to such other powers as are set forth herein or conferred by law, (a) to enter into any and all contracts and agreements for carrying out the terms of this Trust Agreement and for the administration of the Trust Fund, and to do all acts as they, in their discretion, may deem necessary or advisable, and such contracts and agreements and acts shall be binding and conclusive on the parties hereto and on the Participants involved; (b) to keep property and securities registered in the names of the Trustees or of the Fund or in the name of any other individual or entity duly designated by the Trustees; (c) to establish and accumulate as part of the Trust Fund such reasonable reserve funds as the Trustees, in their sole discretion, deem necessary or desirable to carry out the purposes of such Trust Fund; (d) to pay out of the Trust Fund all real and personal property taxes, income taxes, and other taxes of any and all kinds levied or assessed under existing or future laws upon or in respect to the Trust Fund, or any money, property, or securities forming a part thereof; (e) to do all acts, whether or not expressly authorized herein, which the Trustees may deem necessary or and proper for the protection of the property held hereunder; and; (f) to sell, exchange, lease, convey, mortgage or dispose of any property, whether real or personal, at any time forming a part of the Trust Fund upon such terms as they may deem proper, and to execute and deliver any and all instruments of conveyanceconvenience, lease, mortgage and transfer in connection therewithwherewith; and (g) to establish and carry out a funding policy and method consistent with the objectives of the 401(k) Plan and the Act.

Additional Authority. The Trustees are hereby empowered, in addition to such other powers as are set forth herein or conferred by law, (a) to enter into any and all contracts and agreements for carrying out the terms of this Trust Agreement and for the administration of the Trust Fund, and to do all acts as they, in their discretion, may deem necessary or advisable, and such contracts and agreements and acts shall will be binding and conclusive on the parties hereto and on the Participants involved; (b) to keep property and securities registered in names the name of the Trustees or of the Fund or in the name of any other individual or entity duly designated by the Trustees; (c) to establish and accumulate as part of the Trust Fund such reasonable reserve funds as the Trustees, in their sole discretion, deem necessary or desirable to carry out the purposes of such Trust Fund; (d) to pay out of the Trust Fund all real and personal property taxes, income taxes, and other taxes of any and all kinds levied or assessed under existing or future laws upon or in respect to the Trust Fund, or any money, property, or securities forming a part thereof; (e) to do all acts, whether or not expressly authorized herein, which the Trustees may deem necessary or proper for the protection of the property held hereunder; and; (f) to sell, exchange, lease, convey, mortgage mortgage, or dispose of any property, whether real or personal, at any time forming a part of the Trust Fund upon such terms as they may deem proper, and to execute and deliver any and all instruments of conveyance, lease, mortgage mortgage, and transfer in connection therewith; and (g) to establish and carry out a funding policy and method consistent with the objectives of the Plan and applicable law.