Collect Income and Proceeds. Collect and reinvest income payable to and distributions due to the Trust and sign on behalf of the Trust any declarations, affidavits, certificates of ownership and other documents required to collect income and principal payments, including but not limited to, tax reclamations, rebates and other withheld amounts and collect proceeds from any Qualified Investment, which may mature, provided that whenever a Qualified Investment offers the Trustee the option of receiving interest, dividends or other returns in cash or in shares or other Property, the Trustee shall select the cash option unless the Trustee is otherwise directed by the Statement of Investment Policies and Procedures then in effect.
Appears in 6 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
