Common use of Cash Balances Clause in Contracts

Cash Balances. The Trustee may retain any cash balance in the Trust Fund and may, but need not, invest same in Qualified Investments; or hold the same in its deposit department or in the deposit department of one of the Trustee's Affiliates; but the Trustee and its Affiliates shall not be liable to account for any profit to the Company other than at the commercially reasonable client rate established from time to time by the Trustee or its Affiliates.

Appears in 3 contracts

Samples: Trust Agreement, Pipeline Reclamation Trust Agreement, Utopia Pipeline Reclamation Trust Agreement

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Cash Balances. The Other than as provided for in any Authorized Instruction, the Trustee may retain any cash balance in the Trust Fund and may, but need not, invest same in Qualified Authorized Investments; or hold the same in its deposit department or in the deposit department of one of the Trustee's ’s Affiliates; but the Trustee and its Affiliates shall not be liable to account for any profit to the Company Companies other than at the commercially reasonable client a rate established from time to time by the Trustee or its Affiliates.. For the purposes of this Section 7.5, β€œ

Appears in 1 contract

Samples: Trust Agreement (AbitibiBowater Inc.)

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Cash Balances. The Trustee may retain any cash balance in the Trust Fund and may, but need not, invest same in Qualified Investments; or hold the same in its deposit department or in the deposit department of one of the Trustee's Affiliates; but the Trustee and its Affiliates shall not be liable to account for any profit to the Company Beneficiary other than at the commercially reasonable client rate established from time to time by the Trustee or its Affiliates.

Appears in 1 contract

Samples: Cochin Pipeline Reclamation Trust Agreement

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