Common use of Uninvested Assets Clause in Contracts

Uninvested Assets. To the extent that the Trust has assets not otherwise invested in accordance with Section 1 of this Article, the Board of Trustees may invest such assets in the types of investments in which the Trust is permitted to invest pursuant to Section 2 of this Article.

Appears in 3 contracts

Samples: Agreement and Declaration (United Mortgage Trust), Agreement and Declaration (United Mortgage Trust), Agreement and Declaration of Trust (United Mortgage Trust)

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Uninvested Assets. To the extent that the Trust has assets not otherwise invested in accordance with Section 1 7.1 of this Article, the Board of Trustees may invest such assets in the types of investments in which the Trust is permitted to invest pursuant to Section 2 7.2 of this Article.

Appears in 1 contract

Samples: American Mortgage Investors Trust

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