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 directions which the Grantor may communicate in writing to the Trustee from time to time, except that:
Appears in 3 contracts
Samples: Trust Agreement, Appendix F Trust Agreement, Trust Agreement
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 directions which the Grantor Grantors may communicate in writing to the Trustee from .from time to time, except that:
Appears in 1 contract
Samples: Trust Agreement
Trust Management. The Trustee shall invest and reinvest the principal and income of the Fund and keep the entire Fund invested as a single fundinvested, without distinction between principal and income, in accordance with directions which the Grantor Grantors (or their authorized Representative(s)) may communicate in writing to the Trustee from time to time, except that:that the Trustee is authorized to hold cash awaiting investment or distribution uninvested for a reasonable time and without liability for the payment of interest thereon.
Appears in 1 contract