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Common use of Trust Powers Clause in Contracts

Trust Powers. At the Merger Effective Date, the Bank will not exercise trust powers.

Appears in 3 contracts

Sources: Merger Agreement (Centerstate Banks of Florida Inc), Merger Agreement (Floridian Financial Group Inc), Plan of Merger and Merger Agreement (Centerstate Banks of Florida Inc)

Related Clauses

  • Trustee Powers
  • INVESTMENT POWERS
  • Statutory Powers
  • Trustee’s Powers
  • Powers

Parent Clauses

  • The Merger
  • Approvals
  • Trustees, Board of Trustees
  • Service in More Than One Fiduciary Capacity
  • Financial Management Following the Effective Date

Sub-Clauses

  • Budget Income and Expenses
  • Powers to Invest in Special Funds
  • Inclusion of Prudent-Man-Rule
  • Intent of Trustor
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