Agreements and Covenants of Trustee. The Trustee hereby agrees and covenants to:
Agreements and Covenants of Trustee. The Trustee is hereby appointed to serve as Trustee hereunder, and the Trustee hereby agrees to act as Trustee upon the terms and conditions set forth herein. The Trustee hereby agrees and covenants to:
Agreements and Covenants of Trustee. Subject to the terms and conditions of this Agreement, including Article IV hereof, the Trustee hereby agrees and covenants to:
Agreements and Covenants of Trustee. The Trustee hereby agrees and covenants to: (i) Hold the Property in trust for the Beneficiaries in accordance with the terms of this Agreement in the Trust Account established by the Trustee in the United States at X.X. Xxxxxx Xxxxx Bank, N.A. (or at another U.S. chartered commercial bank with consolidated assets of $100 billion or more) in the United States, maintained by the Trustee and at a brokerage institution selected by the Trustee that is reasonably satisfactory to the Company; (ii) Manage, supervise and administer the Trust Account subject to the terms and conditions set forth herein; (iii) In a timely manner, upon the written instruction of the Company, invest and reinvest the Property only in United States government securities within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, as amended, having a maturity of 185 days or less, or in money market funds meeting the conditions of paragraphs (d)(1), (d)(2), (d)(3) and (d)(4) of Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended (or any successor rule), which invest only in direct U.S. government treasury obligations, as determined by the Company; it being understood that the Trust Account will earn no interest while account funds are uninvested awaiting the Company’s instructions hereunder; and while account funds or invested or uninvested, the Trustee may earn bank credits or other consideration;
Agreements and Covenants of Trustee. 1.1. Section 1(i). Section 1(i) is hereby amended and restated in its entirety so that it now reads in full as follows:
Agreements and Covenants of Trustee. 1.1 Section 1 of the IMTA Agreement is amended to include new subparagraph (l) to read as follows:
Agreements and Covenants of Trustee
