Held in Trust. Money held by the Unit Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Unit Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed with the Company.
Appears in 3 contracts
Samples: Master Unit Agreement (Southern Co), Master Unit Agreement (Monsanto Co), Master Unit Agreement (Amerus Life Holdings Inc)
Held in Trust. Money held by the Unit Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Unit Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed with the Company.
Appears in 2 contracts
Samples: Master Unit Agreement (Seagram Co LTD), Master Unit Agreement (Monsanto Co)
Held in Trust. Money held by the Unit Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Unit Agent shall be under no obligation to invest or pay interest on any money received by it hereunder except as otherwise agreed with the Company. Section 707.
Appears in 1 contract
