Common use of Investment of Surplus Funds Clause in Contracts

Investment of Surplus Funds. To the extent that the Employer contributions specified above, com­ bined with favorable experience and effective administration, re­ xxxx in the accumulation of surplus funds, the Trustees are autho­ rized and instructed to invest such surpluses with the assistance of expert counsel and any interest or earnings from such invest­ ments shall be used to provide benefits and pay the administrative costs of the Fund.

Investment of Surplus Funds. To the extent that the Employer contributions contri­ butions specified above, com­ bined combined with favorable experience and effective administrationadminis­ tration, re­ xxxx result in the accumulation of surplus sur­ plus funds, the Trustees are autho­ rized authorized and instructed to invest such surpluses with the assistance of expert counsel and any interest in­ terest or earnings from such invest­ ments investments shall be used to provide benefits and pay the administrative costs of the Fund.