Common use of Commingled Pools Clause in Contracts

Commingled Pools. Master Trust investments in Commingled Pools shall be subject to the following: (i) The Company hereby agrees to the Plans' participation in the Group Trust and adopts the terms of the Group Trust as a part of this Agreement. Additionally, the Company acknowledges that it has received from the Master Trustee a copy of the terms of the Group Trust (ii) The Master Trustee shall at the direction of the Investment Manager transfer all or any specified assets of a Separately Managed Portfolio to any Commingled Pool which is maintained by such Investment Manager, an affiliate thereof or any other entity which is a bank, and whereupon the instrument establishing such Commingled Pool, as amended from time to time shall constitute a part of the Master Trust, provided, however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iii) At the direction of the Company, the Master Trustee shall transfer all or any portion of the Master Trust assets to any Commingled Pool which is maintained by a bank as defined by the Investment Advisers Act of 1940, as amended, and whereupon the instrument establishing such Commingled Pool shall constitute a part of the Master Trust, provided, however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iv) Purchases, sales, and exchanges of Commingled Pools other than the Group Master Trust shall be made in accordance with Operational Procedures to be established.

Commingled Pools. Master Trust investments in Commingled Pools shall be subject to the following: (i) The Company Ford hereby agrees to the Plans' participation in the Group Trust Trust, and adopts the terms of the Group Trust as a part of this Agreement. Additionally, the Company Ford acknowledges that it has received from the Master Trustee a copy of the terms of the Group TrustTrust and the terms of the Declaration of Separate Fund for each separate fund of the Group Trust selected by Ford. (ii) The Master Trustee shall at the direction of the an Investment Manager transfer all or any specified assets of a Separately Managed Portfolio to any Commingled Pool which is maintained by such Investment Manager, an affiliate thereof or any other entity which is a bank, and whereupon the instrument establishing such Commingled Pool, as amended from time to time shall constitute a part of the Master Trust, provided, however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iii) At the direction of the CompanyFord, the Master Trustee shall transfer all or any portion of the Master Trust assets to any Commingled Pool which is maintained by a bank as defined by the Investment Advisers Act of 1940, as amended, and whereupon the instrument establishing such Commingled Pool shall constitute a part of the Master Trust, provided, ; however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iv) Purchases, sales, Purchases and exchanges sales of Commingled Pools other than the Group Master Trust shall be made in accordance with Operational Procedures the operational procedures agreed to be establishedseparately between the Master Trustee and such Commingled Pool provider.

Commingled Pools. Master Trust investments in Commingled Pools shall be subject to the following: (i) The Company hereby agrees to the Plans' participation in the Group Trust and adopts the terms of the Group Trust as a part of this Agreement. Additionally, the Company acknowledges that it has received from the Master Trustee a copy of the terms of the Group TrustTrust and the terms of the Declaration of Separate Fund for each separate fund of the Group Trust selected by the Company. (ii) The Master Trustee shall at the direction of the Investment Manager transfer all or any specified assets of a Separately Managed Portfolio to any Commingled Pool which is maintained by such Investment Manager, an affiliate thereof or any other entity which is a bank, and whereupon the instrument establishing such Commingled Pool, as amended from time to time shall constitute a part of the Master Trust, provided, however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iii) At the direction of the Company, the Master Trustee shall transfer all or any portion of the Master Trust assets to any Commingled Pool which is maintained by a bank as defined by the Investment Advisers Act of 1940, as amended, and whereupon the instrument establishing such Commingled Pool shall constitute a part of the Master Trust, provided, however, that following the transfer of funds to the bank, the Master Trustee shall have no responsibility with respect to the holding, investment or administration of such funds. (iv) Purchases, sales, and exchanges of Commingled Pools other than the Group Master Trust shall be made in accordance with Operational Procedures to be established.