Common use of Investment of Account Assets Clause in Contracts

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. or, if available, any other series of Provident Trust Mutual Funds, Inc. or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or other regulated investment companies for which Provident Trust Company Xxxxxxxx Xxxxxx Capital Management serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxx Square Partners Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxx Square Partners Funds or other regulated investment companies for which Provident Trust Company Xxxxxxx Square Partners, LLC serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. USA Mutuals Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. USA Mutuals Funds or other regulated investment companies for which Provident Trust Company USA Mutuals Advisors, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust RBC Mutual Funds, Inc. Funds or, if available, any other series of Provident Trust RBC Mutual Funds, Inc. Funds or other regulated investment companies for which Provident Trust Company RBC Global Asset Management (U.S.) Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxx Capital Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxx Capital Funds or other regulated investment companies for which Provident Trust Company Xxxxxxxx Capital Management, Inc serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Capital Advisors or, if available, any other series of Provident Trust Mutual Funds, Inc. Capital Advisors or other regulated investment companies for which Provident Trust Company Capital Advisors, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Strategy Fund or, if available, any other series of Provident Trust Mutual Funds, Inc. Strategy Fund or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. b. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Strategy Fund or, if available, any other series of Provident Trust Mutual Funds, Inc. Strategy Fund or other regulated investment companies for which Provident Trust Company serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Xxxxx Capital Mutual Funds, Inc. Funds or, if available, any other series of Provident Trust Xxxxx Capital Mutual Funds, Inc. Funds or other regulated investment companies for which Provident Trust Company Xxxxx Capital, LLC serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Performance Trust Mutual Funds, Inc. Funds or, if available, any other series of Provident Performance Trust Mutual Funds, Inc. Funds or other regulated investment companies for which Provident Trust Company PT Asset Management, LLC serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Xxxxxxxx IM Funds, Inc. Inc or, if available, any other series of Provident Trust Mutual Xxxxxxxx IM Funds, Inc. or other regulated investment companies for which Provident Trust Company Xxxxxxxx Investment Management, Inc serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxx Capital Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxx Capital Funds or other regulated investment companies for which Provident Trust Company Xxxxxxxx Capital Funds Management, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. CornerCap Small-Cap Value Fund or, if available, any other series of Provident Trust Mutual Funds, Inc. CornerCap Small-Cap Value Fund or other regulated investment companies for which Provident Trust Company CornerCap Investment Counsel, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or other regulated investment companies for which Provident Trust Company Xxxxxxxx Partners, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxxxx Fund or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxxxx Fund or other regulated investment companies for which Provident Trust Company Xxxxxxxxxx & Company, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Xxxxxxxx IM Funds, Inc. Inc or, if available, any other series of Provident Trust Mutual Xxxxxxxx IM Funds, Inc. Inc or other regulated investment companies for which Provident Trust Company Xxxxxxxx Investment Management, Inc. serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.

Investment of Account Assets. a. All contributions to the custodial account shall be invested in the shares of the Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or, if available, any other series of Provident Trust Mutual Funds, Inc. Xxxxxxxx Funds or other regulated investment companies for which Provident Trust Company Xxxxxxxx Investment Advisors, LLC serves as Investment Advisor or designates as being eligible for investment. Shares of stock of an Investment Company shall be referred to as “Investment Company Shares”. To the extent that two or more funds are available for investment, contributions shall be invested in accordance with the depositor’s investment election.