MONEYS TO BE HELD WITHOUT INTEREST TO BENEFICIAL OWNERS. Unless the Sponsor shall direct that funds shall be invested pending distribution (with any such direction to comply with Section 3.11 hereof), the Trustee shall be under no liability with respect to moneys held upon termination, except to hold the same as a deposit for the benefit of the Beneficial Owners without interest thereon or investment thereof.
Appears in 4 contracts
Samples: Agreement (Equity Gold Trust), Agreement (Equity Gold Trust), Agreement (Equity Gold Trust)