General Investment Powers. In pursuit of the Investment Objective of the Funds, the Manager may from time to time, in its sole discretion, but subject to any policies and/or investment restrictions adopted from time to time by the Manager in accordance with Section 10.2, employ such investment strategies in managing the assets of the Funds as it considers appropriate and as may from time to time be set forth in the Funds’ Disclosure Documents. Notwithstanding the Investment Objective of a Fund, the Manager may from time to time, in light of prevailing economic conditions, temporarily invest in any securities or other assets as the Manager deems appropriate to protect the capital of the Funds.
General Investment Powers. Subject to Sections 5.3, 5.8, 5.9 and 5.11, and to any investment guidelines agreed to in writing from time to time by the Company and the Trustee prior to a Change of Control, the Trustee shall have the power in investing and reinvesting the Fund in its sole discretion:
(a) To invest and reinvest in any property, real, personal or mixed, wherever situated and whether or not productive of income or consisting of wasting assets, including without limitation, common and preferred stock, bonds, notes, debentures (including convertible stocks and securities but not including any stock or security of the Trustee, or any affiliate thereof), leaseholds, mortgages, certificates of deposit or demand or time deposits (including any such deposits with the Trustee), shares of investment companies and mutual funds, interests in partnerships and trusts, insurance policies and annuity contracts, and oil, mineral or gas properties, royalties, interests or rights, without being limited to the classes of property in which trustees are authorized to invest by any law or any rule of court of any state and without regard to the proportion any such property may bear to the entire amount of the Fund; provided that as soon as practicable following a Change of Control, the Company may direct the Trustee to purchase (under Subtrust B a fully paid whole life insurance policy on each Participant under the SLIP (or a fully paid policy with respect to such persons for whom there is sufficient assets to purchase such a fully paid policy in accordance with an order of priority established by the Company) in an amount equal to one half of the death benefits otherwise payable as death benefits with respect to such Participant under the SLIP, as identified to the Trustee by the Company, which shall be credited to a Participant's Earmarked Account under the SLIP and treated as an Earmarked Asset for purposes of paying death benefits to such Participant, provided that the Company shall have contributed (or otherwise made available under the terms of the Trust) an amount sufficient to comply with such direction and, to the extent sufficient funds are not available to purchase a policy for any Participant meeting the criteria established above, no policy shall be purchased;
(b) To invest and reinvest all or any portion of the Fund, other than Earmarked Assets, collectively through the medium of any common, collective or commingled trust fund that may be established and maintained by the Trustee...
General Investment Powers. The Trustee shall invest the Trust fund pursuant to the directions it receives from the Trust Agent, but shall not invest in securities of the Company. Subject to the foregoing, the Trustee shall have the power in investing and reinvesting the Trust Fund:
(a) To invest and reinvest in any property, real, personal or mixed, wherever situated and whether or not productive of income or consisting of wasting assets, including without limitation, common and preferred stock, bonds, notes, debentures (including convertible stocks and securities but not including any stock or security of the Trustee, either Company, or any affiliate thereof), leaseholds, mortgages, certificates or deposit or demand or time deposits (including any such deposits with the Trustee), shares of investment companies and mutual funds, interests in partnerships and trusts, insurance policies and annuity contracts, and oil, mineral or gas properties, royalties, interests or rights, without being limited to the classes or property in which trustees are authorized to invest by any law or any rule of court of any state and without regard to the proportion any such property may bear to the entire amount of the Trust Fund;
(b) To invest and reinvest all or any portion of the Trust Fund, collectively through the medium of any common, collective or commingled trust fund that may be established and maintained by the Trustee for plans or programs which are not tax qualified, subject to the instrument or instruments establishing such trust fund or funds and with the terms of such instrument or instruments, as from time to time amended, being incorporated into this Agreement to the extent of the equitable share of the Trust Fund in any such common collective or commingled trust fund;
(c) To retain any property at any time received by the Trustee;
(d) To sell or exchange any property held by it at public or private sale, for cash or on credit, to grant and exercise options for the purchase or exchange thereof, to exercise all conversion or subscription rights pertaining to any such property and to enter into any covenant or agreement to purchase any property in the future;
(e) To participate in any plan of reorganization, consolidation, merger, combination, liquidation or other similar plan relating to property held by it and to consent to or oppose any such plan or any action thereunder or any contract, lease, mortgage, purchase, sale or other action by any person;
(f) To deposit any property held by ...
General Investment Powers. To invest and reinvest the principal ------------------------- and income of the Trust Fund and keep the Trust Fund invested, without distinction between principal and income;
General Investment Powers. To the extent that the Trustee is not given appropriate directions with respect to investments, then, the Trustee shall be authorized and empowered to invest and reinvest all of the funds in any of the Investment Options which, in the opinion of the Trustee, offers reasonable possibilities for preservation of capital.
General Investment Powers. The Operator will perform or procure the performance of the following services in relation to the Client’s Account:
(a) Powers of acquisition or investment
(b) Powers of redemption and sale
General Investment Powers. Subject to the provisions of Sections 6.08 and 6.09 of the Plan, and the laws of the State of domicile of the Trustee, as identified in the Adoption Agreement, with respect to trusts, the Trustee shall be authorized and empowered to invest and reinvest all or any part of the trust fund in any property, real or personal or mixed, including, but not limited to, capital or common, preferred or preference stock (whether voting or nonvoting and whether or not currently paying a dividend), shares of regulated investment companies, convertible securities, including corporate and governmental obligations, leaseholds, ground rents, mortgages and other investments in realty, trust and participation certificates, oil, mineral or gas properties, royalty interests or rights (including equipment pertaining thereto), notes and other evidence of indebtedness or ownership (whether secured or unsecured), contracts, warrants, and other instruments entitling the owner thereof to subscribe to or purchase any of the above. The Trustee shall not engage in any transaction that would be prohibited under the Code or laws of the State of the Trustee’s domicile applicable to trusts.
General Investment Powers. The Company may appoint one or more registered investment advisors, which subject to the written consent of the Trustee may include the Trustee but shall not include the Company, to direct the investment of all or part of the Trust. (Each such investment manager is referred to herein as an "Investment Manager" and collectively as "Investment Managers.") The Company shall also have the right to remove such Investment Manager(s). Whenever such appointment is made, the Company shall provide written notice of such appointment to the Trustee, shall specify the portion of the Trust with respect to which the Investment Manager has been designated, and shall instruct the Trustee to segregate into specified accounts those assets designated for management by each Investment Manager (each such account is referred to herein as an "Investment Account"). The Company shall cause the Investment Manager to certify in writing to the Trustee the identity of the person or persons authorized to give instructions or directions to the Trustee on behalf of such Investment Manager and to provide specimen signatures of such persons. The Trustee may continue to rely upon and comply with all such certifications unless and until otherwise notified in writing by the Company or an Investment Manager, as the case may be. Notwithstanding anything else in this Agreement to the contrary, no portion of the Trust shall be invested in direct interests in real property, leaseholds or mineral interests.
General Investment Powers. The Trustassets, orany partthereof, may beinvestedinsecurities issued by the United States Government and state governments; in common or preferred stock; in corporate bonds; in other securities listed on any exchange or traded in any over-the-counter market, including shares of mutual investment companies; in pooled investment portfolios; in improved real estate; in notes; in short-term investment mutual funds or similar investment vehicles; in guaranteed investment 35 Reprinted: June 06, 2014 CCPOA Benefit Trust Fund | Agreement & Declaration of Trust | Effective Date: April 12, 1987 contracts; in mortgages; in certificates of deposit of any bank, including any Fund Custodian; in commercial paper; in bankers’ acceptances (excluding those of any Fund Custodian) or in any other properties in which this Trust may lawfully invest. (This list for illustrative purposes only.) If any assets are ever held in which this Trust may not properly invest they shall be disposed of as promptly as is prudent under the circumstances.
General Investment Powers. The Trust assets, or any part thereof, may be invested in securities issued by the United States Government and state governments; in common or preferred stock; in corporate bonds; in other securities listed on any exchange or traded in any over-the-counter market, including shares of mutual investment companies; in pooled investment portfolios; in improved real estate; in notes; in short-term investment mutual funds or similar investment vehicles; in guaranteed investment contracts; in mortgages; in certificates of deposit of any bank, including any Fund Custodian; in commercial paper; in bankers' acceptances (excluding those of any Fund Custodian) or in any other properties in which this Trust may lawfully invest. (This list is for illustrative purposes only.) If any assets are ever held in which this Trust may not properly invest, they shall be disposed of as promptly as is prudent under the circumstances.
