No Requirement of Diversification. The Trustees shall be under no obligation to diversify the Trust Estate or to dispose of any wasting assets.
Appears in 6 contracts
Samples: Trust Agreement (Clayton Williams Energy Inc /De), Trust Agreement (Clayton Williams Energy Inc /De), Louisiana (Clayton Williams Energy Inc /De)
No Requirement of Diversification. The Trustees Trustee shall be under no obligation to diversify the Trust Estate Trust’s assets or to dispose of any wasting assets.
Appears in 2 contracts
Samples: Royalty Trust Agreement (Sabine Royalty Trust), Trust Agreement (Bp Prudhoe Bay Royalty Trust)
No Requirement of Diversification. The Trustees Trustee shall be under no obligation to diversify the Trust Estate Trust's assets or to dispose of any wasting assets.
Appears in 2 contracts
Samples: Prudhoe Bay Royalty Trust Agreement (Bp Prudhoe Bay Royalty Trust), Employee Royalty Trust Agreement (Gasco Energy Inc)
