Common use of Allocation and Investment Directions to Trustee Clause in Contracts

Allocation and Investment Directions to Trustee. Pentegra shall direct the Trustee with respect to the allocation of assets to the Investment Funds, transfers among the Investment Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 8 contracts

Samples: Trust Agreement (Cecil Bancorp Inc), Trust Agreement (Asb Holding Co), Trust Agreement (Reserve Bancorp Inc)

AutoNDA by SimpleDocs

Allocation and Investment Directions to Trustee. Pentegra shall direct ----------------------------------------------- the Trustee with respect to the allocation of assets to the Investment Funds, transfers among the Investment Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 2 contracts

Samples: Trust Agreement (American Bancorp of New Jersey Inc), Trust Agreement (Kearny Financial Corp.)

Allocation and Investment Directions to Trustee. Pentegra shall direct the Trustee with respect to the allocation of assets to the Investment Funds, transfers among the Investment 10 Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 1 contract

Samples: Employees' Savings & Profit Sharing Plan (BCSB Bankcorp Inc)

Allocation and Investment Directions to Trustee. Pentegra shall direct the Trustee with respect to the allocation of assets to the Investment investment Funds, transfers among the Investment Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 1 contract

Samples: Trust Agreement (RFS Bancorp Inc)

AutoNDA by SimpleDocs

Allocation and Investment Directions to Trustee. Pentegra shall direct the Trustee with respect to the allocation of assets to the Investment Funds, transfers among the Investment Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to to’ invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 1 contract

Samples: Adoption Agreement (Northeast Community Bancorp Inc)

Allocation and Investment Directions to Trustee. Pentegra shall direct the Trustee with respect to the allocation - of assets to the Investment Funds, transfers among the Investment Funds and investment and reinvestment of the assets of the Fund and each Investment Fund. The Trustee shall have no duty to invest, and shall not be liable for any interest on, any such assets it holds uninvested pending receipt of directions from Pentegra to invest or reinvest assets of the Fund.

Appears in 1 contract

Samples: Trust Agreement (HMN Financial Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!