Common use of Safekeeping of Funds Clause in Contracts

Safekeeping of Funds. So far as is allowed by law, the Trustee shall control and hold in Trust, in such form and manner as may be necessary to impress a trust thereon as against any creditor or creditors of the Beneficiaries, all funds held pursuant to the terms hereof until such funds are disbursed or otherwise dealt with in accordance with the terms and conditions of this trust agreement.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Safekeeping of Funds. So far as is allowed by lawApplicable Laws, the Trustee shall control and hold in Trust, in such form and manner as may be necessary to impress a trust thereon as against any creditor or creditors of the Beneficiaries, all funds Funds held pursuant to the terms hereof until such funds Funds are disbursed or otherwise dealt with in accordance with the terms and conditions of this trust agreementAgreement.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Safekeeping of Funds. So far as is allowed by lawApplicable Law, the Trustee shall control and hold in Trusttrust, in such form and manner as may be necessary to impress a trust thereon as against any creditor or creditors of the Beneficiaries, all funds held pursuant to the terms hereof until such funds are disbursed or otherwise dealt with in accordance with the terms and conditions of this trust agreementAgreement.

Appears in 1 contract

Samples: Trust Agreement

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Safekeeping of Funds. So far as is allowed by law, the Trustee shall control and hold in Trust, in such form and manner as may be necessary to impress a trust Trust thereon as against any creditor or creditors of the Beneficiaries, all funds held pursuant to the terms hereof until such funds are disbursed or otherwise dealt with in accordance with the terms and conditions of this trust agreementAgreement.

Appears in 1 contract

Samples: Amended And

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