General Powers of the Managing Trustee. The Managing Trustee shall have the power to enter into or engage in any trade or business on behalf of the Trust and the Beneficiaries, and may use, hold, or dispose of any Trust Asset in the furtherance of such trade or business, including the power to make additional investments (to the extent of available cash) in debt or equity securities.
Appears in 3 contracts
Sources: Liquidating Trust Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Liquidating Trust Agreement (Cornerstone Realty Fund LLC), Liquidating Trust Agreement (Behringer Harvard Mid Term Value Enhancement Fund I Lp)