Common use of Commingling, Exchange and Investment of the Contributions Clause in Contracts

Commingling, Exchange and Investment of the Contributions. 3.1 The Contributions shall be accounted for as a single trust fund and kept separate and apart from the funds of the World Bank. The Contributions may be commingled with other trust fund assets maintained by the World Bank. 3.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their transfer. 3.3 The World Bank shall invest and reinvest the funds in the CGIAR Fund pending their transfer in accordance with the World Bank’s applicable policies and procedures for the investment of trust funds administered by the World Bank. The Trustee shall credit all income from such investment to Window 1 of the CGIAR Fund.

Commingling, Exchange and Investment of the Contributions. 3.1 The Contributions shall will be accounted for as a single trust fund and kept separate and apart from the funds of the World Bank. The Contributions may be commingled with other trust fund assets maintained by the World Bank. 3.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their transfer. 3.3 The World Bank shall will invest and reinvest the funds in the CGIAR Fund pending their transfer in accordance with the World Bank’s applicable policies and procedures for the investment of trust funds administered by the World Bank. The Trustee shall will credit all income from such investment to Window 1 of the CGIAR Fund.