Common use of Trust Management Clause in Contracts

Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund and keep the Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the Fund, the Trustee shall discharge its duties with respect to the Fund solely in the interest of the beneficiary and with the care, skill, prudence and diligence under the circumstances then prevailing which persons of prudence, 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, except that:

Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund and keep the Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the Fund, the Trustee shall discharge its duties with respect to the Fund solely in the interest of the beneficiary and with the care, skill, prudence prudence, and diligence under the circumstances then prevailing which persons of prudence, 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, except that:

Trust Management. The Trustee trustee shall invest and reinvest the principal and income of the Fund fund and keep the Fund fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor grantor may communicate in writing to the Trustee trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the Fundfund, the Trustee trustee shall discharge its duties with respect to the Fund fund solely in the interest of the beneficiary and with the care, skill, prudence prudence, and diligence under the circumstances then prevailing which persons of prudencexxxxxxxx, 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, except that:

Trust Management. The Trustee trustee shall invest and reinvest the principal and income of the Fund fund and keep the Fund fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor grantor may communicate in writing to the Trustee trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the Fundfund, the Trustee trustee shall discharge its duties with respect to the Fund fund solely in the interest of the beneficiary and with the care, skill, prudence prudence, and diligence under the circumstances then prevailing which persons of prudence, 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, except that:

Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund fund and keep the Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this sectionthe Section. In investing, reinvesting, exchanging, selling, selling and managing the Fund, the Trustee shall discharge its duties with respect to the Fund fund solely in the interest of the beneficiary and with the care, skill, prudence and diligence under the circumstances then prevailing which persons of prudence, 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, ; except that:

Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund and keep the Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the Fund, the Trustee shall discharge its duties with respect to the Fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence prudence, and diligence under the circumstances then prevailing which persons of prudence, 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, ; except that:

Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund and keep the Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the Grantor may communicate in writing to the Trustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing managing, the Fund, the Trustee shall discharge its duties with respect to the Fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such mattersmatter, would use in the conduct of an enterprise of a like character and with like aims, ; except that: