Common use of Depositary Function Clause in Contracts

Depositary Function. To accept and hold any securities or other property received by it under any of the provisions of this Article VI, whether or not the Trustee would be authorized hereunder then to invest therein;

Appears in 4 contracts

Sources: Directors' Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Deferred Compensation and Benefits Trust Agreement (Sunoco Inc), Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)