Common use of Trust for Sale Clause in Contracts

Trust for Sale. The Trustee shall hold the Trust Fund upon trust as to investments or property other than money to sell call in or convert into money all or any of such investments or property but with power to postpone such sale calling in or conversion and to permit the same to remain as invested and upon trust as to money at their discretion to invest the same in their names or under their control in any of the investments authorised by this Deed or by law with power at their discretion from time to time to vary or transpose any such investments for others so authorised

Appears in 1 contract

Samples: Cinnamon Barry A

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Trust for Sale. The Trustee Trustees shall during the Trust Period hold the Trust Fund upon trust as to investments or property other than money in their absolute discretion to sell sell, call in or and convert the same into money all or any of such investments or property but with power in their absolute discretion to postpone such sale sale, calling in or and conversion and to permit the same to remain as invested and upon trust as to money at their with the like discretion to invest the same in their names or under their control in any of the investments authorised by this Deed hereby or by law with power at their the like discretion from time to time to vary or transpose any such investments for others so authorised.

Appears in 1 contract

Samples: Getty Images Inc

Trust for Sale. The Trustee THE Trustees shall hold the Trust Fund upon trust as to investments or property other than money in their absolute discretion to sell sell, call in or convert into money all or any of such investments or property but with power to postpone such sale sale, calling in or conversion and to permit the same to remain retain as invested and upon trust as to money at their with the like discretion to invest the same in their names or under their control in any of the investments authorised by this Deed Settlement or by law with power at their the like discretion from time to time to vary or transpose any such investments for others so authorised.

Appears in 1 contract

Samples: gsl.org

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Trust for Sale. The Trustee THE TRUSTEES shall hold the Trust Fund upon trust UPON TRUST as to investments or property other than money in their absolute discretion to sell call in or convert into money all or any of such investments or property but with power to postpone such sale calling in or conversion and to permit the same to remain as invested and upon trust as to money at their with the like discretion to invest the same in their names or under their control in any of the investments authorised authorized by this Deed settlement or by law with power at their the like discretion from time to time to vary or transpose any such investments for others so authorised

Appears in 1 contract

Samples: Msu Corp

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