Investment of Trust Estate. The Trust Estate may be invested only in Eligible Investments. The Trustee shall invest the Trust Estate pursuant to written directions from an Authorized Officer of the LURC, the security procedures for which are set forth in Exhibit E hereto. The Trustee shall not be liable or responsible in any manner for any loss resulting from an investment made pursuant to such direction or for verifying that a directed investment is an Eligible Investment. Interest and other earnings on investments (“Investment Income”) shall, immediately upon receipt by the Trustee, be credited as part of the Trust Estate and shall be distributed pursuant to Section 6.01.
Appears in 2 contracts
Samples: Trust Agreement (Entergy Louisiana, LLC), Trust Agreement (Entergy Louisiana, LLC)
