Common use of Investment and Safekeeping of Trust Property Clause in Contracts

Investment and Safekeeping of Trust Property. The right and power of the Trustee to invest Trust Property, the proceeds thereof, or any income earned by the Litigation Trust, shall be limited to the right and power that a qualified settlement fund, within the meaning of the QSF Regulations, is permitted to hold, pursuant to the Treasury Regulations and any IRS guidelines, whether set forth in IRS rulings, other IRS pronouncements, or otherwise.

Appears in 6 contracts

Samples: Litigation Trust Agreement, Litigation Trust Agreement, Litigation Trust Agreement

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