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ection) necessary or proper in their opinion in the administration of any Trust as fully as if they were the absolute owners of such property. (B) Reliance on Statement of Assets or Income. If the Independent Trustees of a Trust decide to consider the assets or income (or both) of a Beneficiary in exerc
or disposition of cash or other property transferred to them or to inquire into the authority for or propriety of any action by the Trustees. (D) Consolidation of Trust Property. The Trustees shall not be required to segregate physically the property in any Trust, but may, in their discretion, maintain the trust property in
iversification requirement that would otherwise apply, including one imposed by a Prudent Investor Act or similar applicable law, is negated. (C) Reliance on Statement of Financial Resources. If the Trustees and/or Independent Trustees of a Trust consider the fmancial resources of a beneficiary in exer
emselves from individual liability when entering into any contract, obligation or transaction in connection with or growing out of such Trust. (E) Consolidation of Trust Property. The Trustees shall not be required to segregate physically the property of multiple Trusts, but may, in their discretion, maintain any part or all
iversification requirement that would otherwise apply, including one imposed by a Prudent Investor Act or similar applicable law, is negated. (C) Reliance on Statement of Financial Resources. If the Trustees and/or Independent Trustees of a Trust consider the financial resources of a beneficiary in exe
emselves from individual liability when entering into any contract, obligation or transaction in connection with or growing out of such Trust. (E) Consolidation of Trust Property. The Trustees shall not be required to segregate physically the property of multiple Trusts, but may, in their discretion, maintain any part or all
Entities connected to both Reliance and Consolidation of Trust Property

Samantha Power
PERSONLeon Black
PERSON
Michael Cohen
PERSON
JPMorgan Chase
ORGANIZATION
Barry Diller
PERSONRelease or Suspension of Powers
ORGANIZATIONBENJAMIN ELI BLACK
PERSONTrust Fund
ORGANIZATIONSettlor
ORGANIZATIONTrusts
ORGANIZATIONthe Settlor's Children
ORGANIZATIONRemainder Interests
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONSouthern Trust Company
ORGANIZATIONStandard & Poor's
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONResidential Property
ORGANIZATIONTangible Personal Property
ORGANIZATION