Common use of Safekeeping of Assets Clause in Contracts

Safekeeping of Assets. All Assets shall, until distributed or paid over as herein provided or in the Plan, be held in trust for the benefit of the Beneficiaries in accordance with the Plan and this Agreement. The Trustee shall be under no liability for interest or producing income on any moneys received by it herein and held for distribution or payment to the Beneficiaries, except as such interest or income shall actually be received by the Trustee.

Safekeeping of Assets. All Assets shall, until distributed Distributed or paid over as herein provided or as provided in the Plan, be held in trust for the benefit of the Beneficiaries in accordance with the Plan and this Agreement. The Trustee shall be under no liability for interest or producing income on any moneys received by it him or her herein and held for distribution Distribution or payment to the Beneficiaries, except as such interest or income shall actually be received by the Trustee.

Safekeeping of Assets. All Assets shall, until distributed or paid over as herein provided or as provided in the Settlement Agreement or the Plan, be held in trust for the benefit of the Beneficiaries in accordance with the Plan Plan, the Settlement Agreement and this Agreement. The Trustee shall be under no liability for interest or producing income on any moneys received by it him or her herein and held for distribution or payment to the Beneficiaries, except as such interest or income shall actually be received by the Trustee.