Common use of Trustee’s Discretions and Powers Clause in Contracts

Trustee’s Discretions and Powers. Except where there is an express contrary provision in this Deed, every discretion given to the Trustee is absolute and uncontrolled and every power given to it is exercisable at its absolute and uncontrolled discretion.

Appears in 2 contracts

Sources: Deed for Public Ancillary Fund, Deed of Trust

Trustee’s Discretions and Powers. Except where there is an express contrary provision in this Deeddeed, every discretion given to the Trustee is absolute and uncontrolled and every power given to it is exercisable at its absolute and uncontrolled discretion.

Appears in 2 contracts

Sources: Trust Deed, Deed of Trust