Common use of Retention of Property Acquired Clause in Contracts

Retention of Property Acquired. To accept and retain, for such time as Trustee may deem advisable, any securities or other property received or acquired by Trustee, as Trustee hereunder, whether or not such securities or other property would normally be purchased as investments hereunder.

Appears in 2 contracts

Samples: Trust Agreement (Southtrust Corp), Trust Agreement (Southtrust Corp)

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Retention of Property Acquired. To accept and retain, retain for such time as Trustee it may deem advisable, advisable any securities or other property received or acquired by Trustee, it as Trustee hereunder, whether or not such securities or other property would normally be purchased as investments hereunder.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan And (Southwest Georgia Financial Corp), Employee Stock Ownership Plan And (Southwest Georgia Financial Corp)

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Retention of Property Acquired. To accept and retain, retain for such time as Trustee the Trustees may deem advisable, advisable any securities security or other property received or acquired by Trustee, the Trustees as Trustee Trustees hereunder, whether or not such securities security or other property is productive of income or would normally be purchased as investments hereunder.

Appears in 1 contract

Samples: Trust Agreement (Astropower Inc)

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