INVESTMENT OF THE FUND. Section 2.1. The Company shall have the exclusive authority and discretion to select the investment funds for investment under the Plan ("Investment Funds"). The Company shall notify the Trustee in writing of the selection of the Investment Funds currently available for investment under the Plan, and any changes thereto.
INVESTMENT OF THE FUND. (a) The Company has on the date hereof established and delivered to the Trustee a statement of the investment policies and procedures to be applicable to the Trust and, subject to subsections (b) and (c), the Company may from time to time hereafter amend, modify, supplement or restate the policies and procedures and such policies and procedures as from time to time so amended, supplemented, restated or replaced are referred to herein as the ''Statement of Investment Policies and Procedures".
INVESTMENT OF THE FUND. Investments shall be made in accordance with the following requirements and such additional requirements as the Secretary may by Rules and Regulations prescribe from time to time.
INVESTMENT OF THE FUND. Investment of the Fund shall be in accordance with the investment policies of the Community Foundation, as established from time to time. The Community Foundation is authorized to continue investment of the Fund in the assets received as contributions to the Fund, or to sell or exchange any of said assets and reinvest the proceeds in bonds, common or preferred stocks, notes, options, common trust funds, mutual funds, shares of any investment company or trust or other securities, in partnership interests, general or limited, joint ventures, real estate, or other property of any kind, regardless of diversification and regardless of whether the property would be considered a proper trust investment.
INVESTMENT OF THE FUND. Section 2.1. The Employer shall have the exclusive authority and discretion to select the investment funds ("Investment Funds") available for investment under the Plan. In making such selection, the Employer shall use the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. The available investments under the Plan shall be sufficiently diversified so as to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so. The Employer shall notify the Trustee in writing of the selection of the Investment Funds currently available for investment under the Plan, and any changes thereto.
INVESTMENT OF THE FUND. The portion of the Fund set aside as Seed Fund shall be treated as a capital investment and shall not be used for project financing. The investment of the Seed Fund shall be governed by the objective of maximizing income while at the same time ensuring safety and stability in the value of the Seed Fund. The Seed Fund shall be managed by an Investment Manager(s) to be approved by the ASEAN Standing Committee (hereinafter referred to as "the ASC").
INVESTMENT OF THE FUND. Section 2.1. The Plan Administrator shall have the exclusive authority and discretion to select the investment funds ("Investment Funds") available for investment under the Plan. In making such selection, the Plan Administrator shall use the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims. The available investments under the Plan shall be sufficiently diversified so as to seek to minimize the risk of large losses, unless under the circumstances it is clearly prudent not to do so. The Company shall notify the Trustee in writing of the selection of the Investment Funds currently available for investment under the Plan, and any changes thereto. The Plan Administrator may also direct the Trustee from time to time to cause assets in the Fund to be delivered to the trustee under that certain Master Trust Agreement of even date herewith between Dynegy Inc. and Vanguard Fiduciary Trust Company (the "Master Trust Agreement") establishing a master trust (the "Master Trust"), and to cause such assets to be held, administered and invested pursuant to the Master Trust Agreement. The Master Trust is hereby adopted as a part of this Agreement and the Plan.
INVESTMENT OF THE FUND. Except as otherwise provided in this Agreement, the Fund shall be composed of assets of the American Stock Fund, the Diversified Fund, the Equity Fund, the Short-Term Investment Fund, the Government Securities Fund, the Frozen GIC Fund which shall be invested as herein provided and such other funds as may be designated from time to time by the Committee. The administrator of each Separate Plan shall direct the Trustee with respect to the allocation of assets of the Separate Plan to the Funds and with respect to transfers among such Funds. Pending directions to allocate contributions among the Funds, the Trustee shall hold the contributions in a separate account invested in short-term investments, including common or collective short-term investment funds of the Trustee.
INVESTMENT OF THE FUND. The assets contributed by the Bank to the Fund will be invested by the Trustee as directed by the Executive pursuant to the Trust Agreement. Under the terms of the Trust, the Executive will have responsibility to make all investment decisions. The Executive shall bear all risk with respect to such investments. The Bank will have no liability with respect to results obtained as a result of such investments.
INVESTMENT OF THE FUND. Section 3.1 The Trustee shall perform its functions as a nondiscretionary, noncustodial Trustee. The Trustee shall have no discretion or authority for the investment or management of the assets of the Fund and shall act solely as a directed trustee of the assets to which it holds title. The Trustee, as a nondiscretionary trustee, shall act only upon receipt of proper written directions from the Employer.
