Common use of Investment of Trust Moneys Clause in Contracts

Investment of Trust Moneys. 11.9.1 Unless otherwise provided in this Indenture, any moneys held by the Trustee, which under the trusts of this Indenture may or ought to be invested or which may be on deposit with the Trustee or which may be in the hands of the Trustee, may be invested and reinvested in the name or under the control of the Trustee, upon the written direction of the Issuer, in Authorized Investments.

Appears in 3 contracts

Samples: Trust Indenture (TransCanada Trust), Trust Indenture (TransCanada Trust), Transcanada Pipelines LTD

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Investment of Trust Moneys. 11.9.1 11.9.1. Unless otherwise provided in this Indenture, any moneys held by the Trustee, which under the trusts of this Indenture may or ought to be invested or which may be on deposit with the Trustee or which may be in the hands of the Trustee, may be invested and reinvested in the name or under the control of the Trustee, upon the written direction of the Issuer, in Authorized Investments.

Appears in 2 contracts

Samples: Emera Inc, Emera Inc

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Investment of Trust Moneys. 11.9.1 Unless otherwise provided in this Indenture, any moneys held by the Trustee, which under the trusts of this Indenture may or ought to be invested or which may be on deposit with the 39 Trustee or which may be in the hands of the Trustee, may be invested and reinvested in the name or under the control of the Trustee, upon the written direction of the Issuer, in Authorized Investments.

Appears in 1 contract

Samples: Transcanada Trust (Transcanada Pipelines LTD)

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