Common use of Authority to Commingle Clause in Contracts

Authority to Commingle. The Trustee may commingle Trust Asset Distributions and interest earnings and other investment earnings with respect to two or more Trusts, and may commingle Trust Asset Distributions and interest earnings and other investment earnings with respect to any Trust with other proceeds and earnings held by the Trustee in trust, including assets of Other Xxxxxx Xxx Trusts, provided that the Trustee maintains or causes to be maintained records by which the separate interests of each Trust can be ascertained.

Appears in 10 contracts

Samples: Single Family Mega/Supers Master Trust Agreement, SMBS Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement

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Authority to Commingle. The Trustee may commingle Trust Asset Security Distributions and interest earnings and other investment earnings with respect to two or more Trusts, and may commingle Trust Asset Security Distributions and interest earnings and other investment earnings with respect to any Trust with other proceeds and earnings held by the Trustee in trust, including assets of Other Xxxxxx Xxx Trusts, provided that the Trustee maintains or causes to be maintained records by which the separate interests of each Trust can be ascertained.

Appears in 4 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

Authority to Commingle. The Trustee may commingle Trust Asset Distributions and interest earnings and other investment earnings with respect to two or more Trusts, and may commingle Trust Asset Distributions and interest earnings and other investment earnings with respect to any Trust with other proceeds and earnings held by the Trustee in trust, including assets of Other Xxxxxx Xxx Trusts, provided that the Trustee maintains or causes to be records are maintained records by which the separate interests of each Trust can be ascertained.

Appears in 1 contract

Samples: Master Trust Agreement

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Authority to Commingle. The Trustee may commingle Trust Asset Security Distributions and interest earnings and other investment earnings with respect to two or more Truststrusts, and may commingle Trust Asset Security Distributions and interest earnings and other investment earnings with respect to any the Trust with other proceeds and earnings held by the Trustee in trust, including assets of Other Xxxxxx Xxx Trusts, provided that the Trustee maintains or causes to be maintained records by which the separate interests of each Trust can be ascertained.

Appears in 1 contract

Samples: Trust Agreement

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