Common use of General Duty of Trustee Clause in Contracts

General Duty of Trustee. Except as otherwise provided in this Subsection 4.1 or except as otherwise expressly provided in this Trust Agreement, all assets received by the Trustee other than Company Stock shall be invested as soon as practicable, and remain invested, in Company Stock.

Appears in 2 contracts

Samples: Trust Agreement (Wachovia Corp/ Nc), Trust Agreement (Kaufman & Broad Home Corp)

AutoNDA by SimpleDocs

General Duty of Trustee. Except as otherwise provided in this Subsection 4.1 or except as otherwise expressly provided in this Trust Agreement, all assets received by the Trustee other than Company Stock shall be invested as soon as practicablepracticable in, and remain investedinvested in, in Company Stock.

Appears in 2 contracts

Samples: Trust Agreement (Tidewater Inc), Trust Agreement (Vencor Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.