Purposes and Powers of the Trust. The purposes of the Trust are, and the Trust shall have the power and authority, to engage in the following activities: (a) to accept and hold the Trust Estate; (b) to distribute the Trust Estate to the Beneficiaries pursuant to the terms hereof; and to engage in those activities that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith.
Appears in 6 contracts
Sources: Rights Agreement (Ballantyne Strong, Inc.), Rights Agreement (Euronet Worldwide Inc), Rights Agreement (Compass Minerals International Inc)
Purposes and Powers of the Trust. The purposes of the Trust are, and the Trust shall have the power and authority, to engage in the following activities:
(a) to accept and hold the Trust Estate;
(b) to distribute the Trust Estate to the Beneficiaries pursuant to the terms hereof; and and
(c) to engage in those activities that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith.
Appears in 4 contracts
Sources: Trust Agreement (Sinovac Biotech LTD), Rights Agreement (SWK Holdings Corp), Rights Agreement (SWK Holdings Corp)
Purposes and Powers of the Trust. The purposes of the Trust are, and the Trust shall have the power and authority, to engage in the following activities:
(a) to accept and hold the Trust Estate;
(b) to distribute the Trust Estate to the Beneficiaries pursuant to the terms hereof; and and
(c) to engage in those activities that are necessary, suitable suitable, or convenient to accomplish the foregoing or are incidental thereto or connected therewith.
Appears in 2 contracts
Sources: Stockholders Rights Agreement (Furniture Brands International Inc), Stockholders Rights Agreement (Furniture Brands International Inc)
Purposes and Powers of the Trust. The purposes of the Trust are, and the Trust shall have the power and authority, to engage in the following activities:
(a) to accept and hold the Trust Estate;Estate;
(b) to distribute the Trust Estate to the Beneficiaries pursuant to the terms hereof; and hereof; and
(c) to engage in those activities that are necessary, suitable or convenient to accomplish the foregoing or are incidental thereto or connected therewith.
Appears in 1 contract
Sources: Rights Agreement (SWK Holdings Corp)