📄 Extracted Text (351 words)
income or of principal available to the person to whom a distribution Is under •
consideration.
LICRII •
In extension and not in limitation of autbonty which the Trustee would
otherwise have pursuant to lat.; or pursuant to the other provisions of this AgMernent, the
Grantor directs that the truitee have the (oliowing discretionary powers:
(a) : To retain for n Ioog slperiad of time as he may cansider advisable or
proper any property of any kind which may at any time be in hia bands. ..
(b) To gel* public or private ule or to exchange any properti:ittithinay
at say time bo in httii4in; intliao application to any court, on any testis 'Mich he may
Consider advisable or proper, including terns involving an extension of credit for' ny
period of time and with or without sectilty.: ;.: : • :. • •
(c) To nowire, buy, seli, coarnict to biry..contractro sel4I sell shim; birton
margin, ae
l iange, engage in risk ae!iiri)
.4.:„;;;oli t iasaFairins
v ice/ with resixtt to,. and.trade in.
docks (common or preferred),..:tiondlreiMioliligmions (secured or thnemited),
secMities.of open-end and CiOSOO VIOTICC32t ricinipanies and common rust &GM, .
other seciirities (instinct or oitsbacommOditles, forums, options, executory
•
enamels for the plarthasprirt Iscunne.s and commodities, mortgages, and other
property, real or periso:onde any kind, whether similar or dissimilar to that specifically
eniunnatedeaMI ;:lifitryfrif dr fMegoing, without bring bound by any provision
of taw by trustees, and without regard to any prinemirs of
(d) T sellor exercise conversion, talbscription and oder mho, and
•
warrants, puts, calla, nuoles, and other options, to make payments in connection
therewith and to sell naked options, whether calls or puts, und to deal in other financial
ornament
(e) To snake any authorized transaction for cash crow credit or partly for rash •
sad partly on credit, with or Without security, or partly or wholly with borrowed funds:" ...I.
(f) To borrow money for any purpose and to pledge or mortgage proPerty as
security for money borrowed or for other transactions. •
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0095068
CONFIDENTIAL SDNY_GM_00241252
EFTA01390548
ℹ️ Document Details
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EFTA01390548
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