Common use of Commingling, Exchange and Investment of the Contributions Clause in Contracts

Commingling, Exchange and Investment of the Contributions. 3.1 The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Trustee. The Contributions may be commingled with other trust fund assets maintained by the Trustee. 3.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their disbursement. 3.3 The Trustee shall invest and reinvest the Contributions pending their disbursement in accordance with the Trustee’s policies and procedures for the investment of trust funds administered by the Trustee. The Trustee shall credit all income from such investment to the Trust Fund to be used for the same purposes as the Contributions.

Commingling, Exchange and Investment of the Contributions. 3.1 4.1 The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the Trustee. The Contributions may be commingled with other trust fund assets maintained by the Trustee. 3.2 4.2 The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their disbursement. 3.3 4.3 The Trustee shall invest and reinvest the Contributions pending their disbursement in accordance with the Trustee’s policies and procedures for the investment of trust funds administered by the Trustee. The Trustee shall credit all income from such investment to the Trust Fund GRIF to be used for the same purposes as the Contributions.

Commingling, Exchange and Investment of the Contributions. 3.1 4.1. The Contributions shall be accounted for as a single trust fund and shall be kept separate and apart from the funds of the TrusteeBank. The For administrative and investment purposes, the Contributions may be commingled with other trust fund assets maintained by the TrusteeBank. 3.2 4.2. The Contributions may be freely exchanged by the Trustee into other currencies as may facilitate their disbursement. 3.3 4.3. The Trustee shall invest and reinvest the Contributions pending their disbursement in accordance with the TrusteeBank’s policies and procedures for the investment of trust funds administered by the TrusteeBank. The Trustee shall credit all income from such investment to the Trust Fund to be used for the same purposes as the Contributions.