Common use of Investment of the Trust Property Clause in Contracts

Investment of the Trust Property. 6.3.1 During and prior to the commencement of the Initial Period the Trustee shall hold the Trust Property on deposit in Bank Account(s) with scheduled bank(s) or financial institution(s) having a minimum rating of A (rated by any credit rating agency licensed/approved by the Commission) and approved by the Management Company. After the Initial Period, the Trust Property shall be invested by the Trustee from time to time as directed by the Management Company but subject to the provisions of this Trust Deed, Offering Document and the Regulations. 6.3.2 Any Investment may at any time be realized at the discretion of the Management Company either in order to invest the proceeds in other Investment or to provide cash required for the purpose of any provision of this Trust Deed or in order to retain the proceeds in cash or on deposit as aforesaid or partly one and partly another. Any investment which ceases to be an Authorized Investment shall be realized and the net proceeds of realization shall be applied in accordance with this Clause; provided that the Management Company may postpone the realization of such investment for such period as the Management Company may determine to be in the interest of the Holders. 6.3.3 The purchase or sale of any Investment in Government Securities for the account of the Trust shall be made through an authorized Broker unless the Management Company is satisfied that it is possible and permissible under the Regulations to make such purchase or sale more advantageously in some other manner. The Broker will be appointed from time to time by the Management Company under intimation to the Trustee. The Management Company shall not appoint, except as may be permissible under the Regulations, directly or indirectly, as a Broker any of its directors, officers or employees or their family members (which term shall include their spouse, parents, children, brothers and sisters) .

Investment of the Trust Property. 6.3.1 During and prior to the commencement of the Initial Period the Trustee shall hold the Trust Property on deposit in Bank Account(s) with scheduled bank(s) or financial institution(s) having a minimum rating of A AA (rated by any credit rating agency licensed/approved by the Commission) and approved by the Management Company. After the Initial Period, the Trust Property shall be invested by the Trustee from time to time as directed by the Management Company but subject to the provisions of this Trust Deed, Offering Document and the Regulations. 6.3.2 Any Investment may at any time be realized at the discretion of the Management Company either in order to invest the proceeds in other Investment or to provide cash required for the purpose of any provision of this Trust Deed or in order to retain the proceeds in cash or on deposit as aforesaid or partly one and partly another. Any investment which ceases to be an Authorized Investment shall be realized and the net proceeds of realization shall be applied in accordance with this Clause; provided that the Management Company may postpone the realization of such investment for such period as the Management Company may determine to be in the interest of the Holders. 6.3.3 The purchase or sale of any Investment in Government Securities for the account of the Trust shall be made through an authorized Authorized Broker unless the Management Company is satisfied that it is possible and permissible under the Regulations to make such purchase or sale more advantageously in some other manner. The Broker will be appointed from time to time by the Management Company under intimation to the Trustee. The Management Company shall not appoint, except as may be permissible under the Regulations, directly or indirectly, as a Broker any of its directors, officers or employees or their family members (which term shall include their spouse, parents, children, brothers and sisters) .

Investment of the Trust Property. 6.3.1 During and prior to the commencement of the Initial Period the Trustee shall hold the Trust Property on deposit in Bank Account(sseparate account(s) with scheduled bank(s) or financial institution(s) having a minimum an investment grade rating of A (rated by any credit rating agency licensed/approved by the Commission) and approved by the Management Company. After the Initial Period, the Trust Property shall be invested by the Trustee from time to time as directed by the Management Company but subject to the provisions of this Trust Deed, Offering Document and the Rules and Regulations. 6.3.2 Any Investment may at any time be realized at the discretion of the Management Company either in order to invest the proceeds in other Investment or to provide cash required for the purpose of any provision of this Trust Deed or in order to retain the proceeds in cash or on deposit as aforesaid or partly one and partly another. Any investment which ceases to be an Authorized Investment shall be realized and the net proceeds of realization shall be applied in accordance with this Clause; provided that the Management Company Trust may postpone the realization of such investment for such period as the Management Company may determine to be in the interest of the Holders. 6.3.3 The purchase or sale of any Investment in Government Securities listed securities for the account of the Trust shall be made on the Stock Exchange, through an authorized a Broker who must be a member of the Stock Exchange, unless the Management Company is satisfied that it is possible and permissible under the Regulations Rules and regulations to make such purchase or sale more advantageously in some other manner. The Broker will be appointed from time to time by the Management Company under intimation to the Trustee. The Management Company shall not appoint, except as may be permissible under the Rules and Regulations, directly or indirectly, as a Broker any of its directors, officers or employees or their family members (which term shall include their spouse, parents, children, brothers and sisters) .