Except as specifica ll y provided in this Declaration, the Institutional Trustee shall have exc l usive and complete authority to carry out the purposes of the Trust. An action taken by a Trustee on beha l f of the Trust and in accordance with such Trustee's powers sha ll constitute the act of and serve to bind the Trust. In dealing with the Trustees acting on behalf of the Trust, no Person sha ll be required to inquire into the authority of the Trustees to bind the Trust. Persons dealing with the Trust are entitled to rely conclusive l y on the power and authority of the Trustees as set forth in this Declaration. The Administrators shall have only those ministerial duties set forth herein with respect to accomplishing the purposes of the Trust and are not intended to be trustees or fiduciaries with respect to the Trust or the Holders. The Institutiona l Trustee shall have the right, but sha ll not be obligated except as provided in Section 2.6, to perform those dut i es ass i gned to the Administrators.