Investment Generally Sample Clauses

Investment Generally. In addition to the powers vested in the Trustee by law or by statute or by this Deed the Trustee has and may exercise at any time or times any or all of the following powers, subject to sub¬ clause 4.1: (a) to allow any investment or asset to remain in the original form in which it was received by the Trustee and at any time or times to sell call in or convert the same into money or other securities or property; (b) to accumulate the income of the Fund by investing the same or the resulting income of any investments in any of the modes of investment authorised by this Deed; (c) to change, vary or transpose any investments or assets forming part of the Fund for other investments authorized by this Deed or by law; (d) to pay all insurance premiums, rates, taxes, rents and other outgoings in connection with any real or personal property which forms part of the Fund and to manage the said property and effect such repairs as the Trustee may consider necessary or advisable to such property and where the Trustee is unable to charge such expenditure against income the Trustee shall be at liberty to resort to capital; (e) to apply any Fund money in improving or developing property which or an interest in which or the proceeds of sale of the whole or part of which may be subject to the trusts of this Deed and in erecting, enlarging, improving or rebuilding such property; (f) to lease or licence all or any part of any real or personal property for any period upon such terms and conditions and for such rent as the Trustee shall in its absolute discretion think fit and make allowances to and with tenants and others and accept surrenders and waive breaches of covenants and determine tenancies and licences and raise out of the capital or income any sum from time to time required and in the Trustees opinion properly payable for the exercise of any of the powers and discretions contained in this Deed and generally to deal with the said real and personal property in a proper manner and in due course of management as if beneficially entitled to it; (g) to determine whether any money shall for the purposes of this Deed be considered as capital or income and out of what part of the Fund whether out of income or capital any expenses, outgoings or losses shall or ought to be paid or borne; (h) to exercise as the Trustee in its absolute discretion thinks fit all the voting powers attaching to any shares, stock, debentures, debenture stock, bonds, notes, options or other securitie...

Investment Generally. Whenever the Trustee invests cash in Company Stock, the Employee Benefit Finance Committee shall direct the Trustee to purchase the Company Stock either (i) at a public sale on a recognized stock exchan~, [(i)]@ directly from the Company at [an averaged cost] a price equal to that day's closing price for Company Stock on the New fork Stock Exchange, [(ii) at a public sale on a recognized stock exchange,] or (ill) from a private source at a price no higher than the price that would have been payable under [(ii)].{il..

Investment Generally. Without limiting the extent of any other provision of this deed, the Trustee has power in its absolute discretion as and when it thinks fit: (a) to apply or invest any money at any time forming part of the Trust Fund in any investment whatever in any part of the world and in any currency whatever on any terms or conditions, including (without limitation) in subscribing for, taking on allotment, or purchasing, any securities of or placing money at call or for a term with, any government authority or body corporate or partnership or trust or person in any part of the world; and (b) to vary any investment.