Common use of Commingling and Investment Clause in Contracts

Commingling and Investment. The Trustee is expressly authorized in its discretion to transfer from time to time any or all of the assets of the Perpetual Care Fund to any common, commingled or collective Trust fund created by the Trustee in which the Perpetual Care Fund is eligible to participate, subject to all of the provisions thereof, to be commingled with the assets of other Trusts participating therein so long as such management does not conflict with the requirements of this Perpetual Care Fund. To the extent of the equitable share of the Perpetual Care Fund in any such commingled Trust, such commingled Trust will be part of the Perpetual Care Fund.

Appears in 4 contracts

Samples: Fund Trust Agreement, Trust Agreement, Trust Agreement

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