Common use of Held by Trustee Clause in Contracts

Held by Trustee. Any securities, documents of title or other instruments that may at any time be held by the Trustee subject to trusts hereof may be placed in the deposit vaults of the Trustee or of the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is herein otherwise expressly provided, may deposit the same in the name of the Trustee in the Bank or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by written order of the Bank, shall (i) deposit such moneys in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, or (ii) invest such moneys 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 the Bank or of any other Canadian chartered bank or loan or trust company . Unless an event of default or an other default shall have occurred and be continuing, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the Bank.

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 The Royal Bank of Canada, The Toronto-Dominion Bank, The Bank of Montreal, The Bank of Nova Scotia or the Canadian Imperial Bank or of any other Canadian chartered bank Commerce (the "Designated Banks") or deposited for safekeeping with any such bankDesignated Bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any money so held pending the application or withdrawal thereof under any provisions of this Indenture may deposit the same be deposited in the name of the Trustee in the a Designated Bank or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by written order with the consent of the BankCorporation, shall may be (i) deposit such moneys deposited in the deposit department of the Trustee or any other loan or trust company corporation authorized to accept deposits under the laws of Canada or a province thereof, or (ii) invest such moneys invested in securities issued or guaranteed by the Government of Canada or a province thereof or in obligations, obligations maturing not more than one year from the date of investment, of the Bank or of any other Canadian chartered bank or loan or trust company corporation. Unless an event of the Corporation shall be in default or an other default shall have occurred and be continuinghereunder, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCorporation.

Held by Trustee. Any monies, 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 Trustee, or an Affiliate of the Bank Trustee, or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any monies held pending the application or withdrawal thereof under any provisions of this Indenture may deposit the same be deposited in the name of the Trustee in the Bank deposit department of the Trustee or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by with the consent or at the written order direction of the BankCorporation, shall may be: (i) deposit such moneys deposited in the deposit department of the Trustee or its Affiliates or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, ; or (ii) invest such moneys invested in securities issued or guaranteed by the Government of Canada or a province thereof or in obligationsof any Canadian chartered bank or trust company, maturing provided that the securities shall not have a maturity date of more than one year 60 days from the date of investment, of the Bank or of any other Canadian chartered bank or loan or trust company . Unless an event of the Corporation shall be in default hereunder or an other default shall have occurred and be continuingunless otherwise specifically provided herein, all interest or other income received by the Trustee or its Affiliates in respect of such deposits and investments shall belong to the BankCorporation.

Held by Trustee. Any securities, documents of title or other instruments that may at any time be held by the Trustee subject to trusts hereof may be placed in the deposit vaults of the Trustee or of the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is herein otherwise expressly provided, may deposit the same in the name of the Trustee in the Bank or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by written order of the Bank, shall (i) deposit such moneys in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, or (ii) invest such moneys 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 the Bank or of any other Canadian chartered bank or loan or trust company company. Unless an event of default or an other default shall have occurred and be continuing, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the Bank.

Held by Trustee. Any monies, 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 Trustee, or an Affiliate of the Bank Trustee, or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any monies held pending the application or withdrawal thereof under any provisions of this Indenture may deposit the same be deposited in the name of the Trustee in the Bank deposit department of the Trustee or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by with the consent or at the written order direction of the BankCorporation, shall may be: (i) deposit such moneys deposited in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, ; or (ii) invest such moneys invested in securities issued or guaranteed by the Government of Canada or a province thereof or in obligationsof any Canadian chartered bank or trust company, maturing provided that the securities shall not have a maturity date of more than one year 60 days from the date of investment, of the Bank or of any other Canadian chartered bank or loan or trust company . Unless an event of the Corporation shall be in default hereunder or an other default shall have occurred and be continuingunless otherwise specifically provided herein, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCorporation.

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 the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any monies held pending the application or withdrawal thereof under any provisions of this Indenture may deposit the same be deposited in the name of the Trustee in the Bank deposit department of the Trustee or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by with the consent or at the written order direction of the BankCorporation, shall may be: (i) deposit such moneys deposited in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, ; or (ii) invest such moneys invested in securities issued or guaranteed by the Government of Canada or a province thereof or in obligationsof any Canadian chartered bank or trust company, maturing provided that the securities shall not have a maturity date of more than one year 60 days from the date of investment, of the Bank or of any other Canadian chartered bank or loan or trust company . Unless an event of the Corporation shall be in default hereunder or an other default shall have occurred and be continuingunless otherwise specifically provided herein, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCorporation.

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 the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any moneys held by the Trustee pending the application or withdrawal thereof under any provisions of this Indenture, may deposit the same be deposited in the name of the Trustee in the Bank or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by written order with the consent of the BankCompany, shall (i) deposit such moneys may be deposited in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, or (ii) invest such moneys 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 the Bank or of any other Canadian chartered bank or loan or trust company . Unless an event of default or an other default shall have occurred and be continuing, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCompany.

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 the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any monies held pending the application or withdrawal thereof under any provisions of this Indenture may deposit the same be deposited in the name of the Trustee in the Bank deposit department of the Trustee or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by with the consent or at the written order direction of the BankCorporation, shall may be: (i) deposit such moneys deposited in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, ; or (ii) invest such moneys invested in securities issued or guaranteed by short term obligations of the Government of Canada or a province thereof or in obligations, maturing not more than one year from other short term investment grade debt obligations as agreed to by the date of investment, of Corporation and the Bank or of any other Canadian chartered bank or loan or trust company Agents. Unless an event of the Corporation shall be in default hereunder or an other default shall have occurred and be continuingunless otherwise specifically provided herein, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCorporation.

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 the Bank or of any other Canadian chartered bank or deposited for safekeeping with any such bank. Pending the application or withdrawal of any moneys so held under any provision of this Trust Indenture, the Trustee, unless it is Unless herein otherwise expressly provided, any moneys so held pending the application or withdrawal thereof under any provisions of this Indenture, may deposit the same be deposited in the name of the Trustee in the Bank or in any other Canadian chartered bank at the rate of interest (if any) then current on similar deposits or, if so directed by written order with the consent of the BankCorporation, shall may be (i) deposit such moneys deposited in the deposit department of the Trustee or any other loan or trust company authorized to accept deposits under the laws of Canada or a province thereof, or (ii) invest such moneys 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 the Bank or of any other Canadian chartered bank or loan or trust company company. Unless an event of the Corporation shall be in default or an other default shall have occurred and be continuinghereunder, all interest or other income received by the Trustee in respect of such deposits and investments shall belong to the BankCorporation.