Common use of Trustee Management Clause in Contracts

Trustee Management. The trustee will invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodically, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund and keep the fund invested Fund as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his its duties with respect to the trust fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund in one or more investments and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his its duties with respect to the trust fund solely in the interest of the beneficiary Agency and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodically, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will discharge his the duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, selling and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund Fund solely in the interest of the Department as the beneficiary and with the care, skill, prudence, prudence and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions provision of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodically, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will discharge his histhe trustee's duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, subject however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary KDHE, and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; , except that:

Trustee Management. The trustee will invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodically, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will discharge his the trustee's duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:;

Trustee Management. The trustee will invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodically, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will discharge his the trustee’s duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee Trustee will invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, selling and managing the fundFund, the trustee Trustee will discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionpart. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; , except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines directions which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his its duties with respect to the trust fund Trust solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; , except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; , except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his or her duties with respect to the trust fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee may invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which that the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his or her duties with respect to the trust fund solely in the interest of the beneficiary potential beneficiaries and with the care, skill, prudence, prudence and diligence under the circumstances then prevailing which that persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which that the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his or her duties with respect to the trust fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence, prudence and diligence under the circumstances then prevailing which that persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Settlor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, selling and managing the fundFund, the trustee will Trustee shall discharge his or her duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, prudence and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines guidelines, which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which that persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; , except that:

Trustee Management. The trustee will shall invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor may communicate in writing to the trustee periodicallyfrom time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will shall discharge his his/her duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee must invest and reinvest the principal and income of the fund and keep the fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyfrom time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fund, the trustee will Trustee must discharge his their duties with respect to the trust fund solely in the interest of the beneficiary beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, subject however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his its duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary beneficiaries and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons Persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund Trust Fund solely in the interest of the beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee shall invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this section. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his duties with respect to the trust fund solely in the interest of the beneficiary Beneficiary and with the care, skill, prudence, and diligence under the circumstances then prevailing which persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that:

Trustee Management. The trustee will Trustee may invest and reinvest the principal and income of the fund Fund and keep the fund Fund invested as a single fund, without distinction between principal and income, in accordance with general investment policies and guidelines which that the grantor Grantor may communicate in writing to the trustee periodicallyTrustee from time to time, subject, however, to the provisions of this sectionSection. In investing, reinvesting, exchanging, selling, and managing the fundFund, the trustee will Trustee shall discharge his or her duties with respect to the trust fund solely in the interest of the beneficiary potential beneficiaries and with the care, skill, prudence, prudence and diligence under the circumstances then prevailing which that persons of prudence, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of a like character and with like aims; except that: