Common use of Incidental Provisions relating to and Remuneration of Supervisor Investment of trust money Clause in Contracts

Incidental Provisions relating to and Remuneration of Supervisor Investment of trust money. 11.1 Any moneys at any time held by the Supervisor subject to the trusts of this Deed may be invested in the name of the Supervisor or its nominee either in any investments whatsoever at the Supervisor's discretion, or, if FSSI so requests, in the purchase of Deposits and the Supervisor shall have power to vary or transpose such investments for others of a like nature and deal with or dispose of them and all income from such investments shall belong to FSSI.

Appears in 2 contracts

Sources: Trust Deed, Trust Deed