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 (Osage Federal Financial Inc), Trust Agreement (Reserve Bancorp Inc)

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

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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)

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: Trust Agreement (Northeast Community Bancorp Inc)

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