Documents Held by Trustee Clause Samples
The 'Documents Held by Trustee' clause defines the trustee's responsibility to retain and manage important documents related to the trust. Typically, this includes original trust deeds, amendments, financial records, and correspondence, which the trustee must keep secure and accessible for reference or inspection by beneficiaries or other authorized parties. This clause ensures that all essential trust documents are properly maintained, supporting transparency and accountability in the administration of the trust.
Documents Held by Trustee. Any securities, documents of title or other instruments that may at any time be held by the Trustee subject to the trusts hereof may be placed in the deposit vaults of the Trustee or of any chartered bank in Canada, including an Affiliate of the Trustee, or deposited for safekeeping with any such bank.
Documents Held by Trustee. Any securities, documents of title or other instruments that may at any time be held by the Trustee subject to the trusts hereof may be placed in the deposit vaults of the Trustee or of any Canadian chartered bank or trust company or deposited for safekeeping with any such bank or trust company.
Documents Held by Trustee. (a) Any securities, documents of title or other instruments that may at any time be held by the Trustee subject to the trusts hereof may be placed in the deposit vaults of the Trustee or of any Canadian chartered bank or trust company or deposited for safekeeping with any such bank or trust company.
(b) Unless herein otherwise expressly provided, any money held pending the application or withdrawal thereof under any provision of this Indenture may be deposited in the name of the Trustee in any Schedule A Canadian chartered bank at the rate of interest then current on similar deposits or, with the consent of the Company, may be:
(i) deposited in the deposit department of the Trustee or of any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof; or
(ii) invested in securities issued or guaranteed by the Government of Canada or a province thereof or in obligations, maturing not more than one year from the date of investment, of any Schedule A Canadian chartered bank.
(c) All interest or other income received by the Trustee in respect of deposits and investments will belong to the Company.
Documents Held by Trustee. 32 8.5 Actions by Trustee to Protect Interests........................................... 32 8.6 Trustee Not Required to Give Security............................................. 32 8.7 Protection of Trustee............................................................. 33 8.8 Replacement of Trustee............................................................ 34 8.9