Investment of the Trust. (a) Prior to an Irrevocable Election or Change in Control, the Company Trust Assets and Bank Trust Assets shall be invested by the Trustee in the manner directed by the Company or the Bank, respectively, or, to the extent no such specific direction has been given by the Company or the Bank, in accordance with the written investment guidelines provided from time to time by the Company or the Bank.
Investment of the Trust. The Board, with the same care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a similar capacity and familiar with those matters would use in the conduct of a similar enterprise with similar means, shall have full power and authority to manage, control, invest and reinvest the money and other assets of the Trust Fund, and the Bank shall comply with the proper written direction of the Board concerning those assets. The Board may employ outside advisors, including investment advisors, to advise it with regard to the investment of the assets of the Trust Fund. Any outside advisors shall acknowledge a fiduciary relationship to the Board and the Trust Fund. In investing and managing the assets of the Trust, the Board:
Investment of the Trust. The Board, with the same care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a similar capacity and familiar with those matters would use in the conduct of a similar enterprise with similar means, shall have full power and authority to manage, control, invest and reinvest the money and other assets of the Trust Fund, and the Bank shall comply with the proper written direction of the Board concerning those assets. The Board may employ outside advisors, including investment advisors, to advise it with regard to the investment of the assets of the Trust Fund. Any outside advisors shall acknowledge a fiduciary relationship to the Board and the Trust Fund. In investing and managing the assets of the Trust, the Board: shall consider among other circumstances: the general economic conditions; the possible effect of inflation or deflation; the role that each investment or course of action plays within the overall portfolio; the expected total return from income and the appreciation of capital; needs for liquidity, regularity of income, and preservation or appreciation of capital; and the adequacy of funding for the plan based on reasonable actuarial factors;
Investment of the Trust. Subject to the provisions of this Deed, the investment policy and objective of the Trust is the following:
Investment of the Trust. Except as otherwise provided in this Section 2.1 or except as otherwise expressly provided in this Trust Agreement, all assets received by the Trustee shall be invested as soon as practicable in, and remain invested in, Company
Investment of the Trust. (a) Prior to a Change in Control (as defined in Section 13.4) or an Irrevocable Election (as defined in Section 13.5), the assets of the Trust Fund shall be invested by the Trustee in the manner directed by the Bank, or, to the extent no such specific direction has been given by the Bank, in accordance with the written investment guidelines provided from time to time by the Committee.
Investment of the Trust. Fund - In General. The Named Fiduciary shall be solely responsible for directing the Trustee as to the investment and deposition of the Trust Fund and shall have responsibility for the overall diversification of the Trust Fund. The Trustee shall invest and reinvest the Trust Fund only as directed and the Trustee is specifically prohibited from having or exercising any discretion with respect to the investment of the Trust Fund.
Investment of the Trust. Subject to the provisions of this Deed, the Manager's investment policy and objective of the Trust is the following:
Investment of the Trust
