MANAGEMENT OF TRUST ASSETS. Trustee shall manage and distribute Trust assets for the benefit of Grantor and Grantor's successor(s) in interest in accordance with the terms of this Agreement.
MANAGEMENT OF TRUST ASSETS. (a) Prior to a Change of Control, the Trust Fund shall be held, invested and reinvested by the Trustee as directed in writing by the Corporation from time to time.
MANAGEMENT OF TRUST ASSETS. (a) Prior to a Change of Control, the Trust Fund shall be held, invested and reinvested by the Trustee only as directed in writing by the Corporation from time to time. To the extent the Corporation has not so directed the Trustee as to the investment of any portion of Trust assets before they are contributed to the Trust, the Corporation hereby directs the investment of such assets in the default investment fund indicated in Schedule 3 attached hereto. If the Corporation delegates its investment authority hereunder to any third party, the Corporation will remain liable hereunder as if the Corporation had acted directly.
MANAGEMENT OF TRUST ASSETS. 1. Although the Trustee shall not makeinvestmentsofthe Trust Assets, the Net Assets per Unit (as Disclosed at the Exchanges) are structurally intended to link with the Index Price.
MANAGEMENT OF TRUST ASSETS. 6.1 Prior to a Change in Control, this Trust's assets shall be held, invested and reinvested by the Trustee as designated by the written direction of the Company from time to time. The Trustee shall not be under any duty, or have any right, to question any such directions of the Company or to review any securities or other property held pursuant to such direction, or to make any suggestions to the Company in connection therewith; and the Trustee shall as promptly as practicable comply with any directions given by the Company hereunder. The Trustee shall not be liable for following the directions from the Company prior to a Change in Control if there is a loss due to investments directed by the Company. In exercising the powers of the Company under this Section 6.1, the Company shall act by its Corporate Treasurer or his written designees, each of whom is fully authorized to exercise such powers. The Trustee may, and shall, follow the written directions signed by said Corporate Treasurer or such designees.
MANAGEMENT OF TRUST ASSETS. The Trustee shall manage and distribute the trust assets for the benefit of the Beneficiaries in accordance with the terms of this Agreement.
MANAGEMENT OF TRUST ASSETS. (a) Prior to a Change of Control, the Company shall, subject to this Section, direct the Trustee with respect to investments.
MANAGEMENT OF TRUST ASSETS. 6.1 Prior to a Change in Control, the Trustee shall exercise its investment powers under Section 6.3 as designated by the written direction of the Company from time to time. The Trustee shall not be under any duty, or have any right, to question any such directions of the Company or to review any securities or other property held pursuant to such direction, or to make any suggestions to the Company in connection therewith; and the Trustee shall comply as promptly as practicable with any directions given by the Company hereunder. In exercising its powers of direction under this Section 6.1 the Company shall act by its Chief Financial Officer or his or her written designee and the Trustee shall follow such written directions.
MANAGEMENT OF TRUST ASSETS
