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maintain an even hand as between beneficiaries shall not apply to the Trust Fund

German translation: der Gleichbehandlungsgrundsatz gilt für die

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:maintain an even hand as between beneficiaries shall not apply to the Trust Fund
German translation:der Gleichbehandlungsgrundsatz gilt für die
Entered by: DERDOKTOR
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13:15 Feb 19, 2012
English to German translations [PRO]
Law/Patents - Law: Contract(s) / Trusts (Treuhänderschaft)
English term or phrase: maintain an even hand as between beneficiaries shall not apply to the Trust Fund
Power to Indemnify

The Trustees may indemnify and enter into any indemnity in favour of any former Trustee or other Person in respect of any actual, contingent or prospective liability, including without limitation any Tax liability, arising in respect of the Trust Fund or otherwise pursuant to this Declaration.

The Trustees may apply the whole or any part of the Trust Fund by way of mortgage, pledge or otherwise as security for such indemnity.

Exercise of Powers and Discretion

In addition, all of the powers and discretions conferred upon the Trustees by this Declaration and by law shall be exercised by them in their absolute discretion, in addition, the rule of law requiring that trustees maintain an even hand as between beneficiaries shall not apply to the Trust Fund or to any matter pertaining to this Declaration.
Silvia M.
Germany
Local time: 04:36
der Gleichbehandlungsgrundsatz gilt für die
Explanation:
Treuhänder in Hinblick auf die Begünstigten, den Treuhandfonds, oder irgendwelche Angelegenheiten im zusammenhang mit dieser
(Stiftungs)erklärung, nicht.
Selected response from:

DERDOKTOR
Local time: 04:36
Grading comment
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1der Gleichbehandlungsgrundsatz gilt für dieDERDOKTOR


Discussion entries: 1





  

Answers


39 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
maintain an even hand as between beneficiaries shall not apply to the trust fund
der Gleichbehandlungsgrundsatz gilt für die


Explanation:
Treuhänder in Hinblick auf die Begünstigten, den Treuhandfonds, oder irgendwelche Angelegenheiten im zusammenhang mit dieser
(Stiftungs)erklärung, nicht.

DERDOKTOR
Local time: 04:36
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 445

Peer comments on this answer (and responses from the answerer)
agree  Horst Huber: "[T]he rule of law requiring ... shall not apply to" ... Where did the "not" go?
7 hrs
  -> Danke, Horst !
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Changes made by editors
Feb 29, 2012 - Changes made by DERDOKTOR:
Created KOG entryKudoZ term » KOG term


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