Common use of Administration of Loans Clause in Contracts

Administration of Loans. Except as expressly provided otherwise in this Article XII, the Administrator shall have the sole responsibility for all administrative tasks relating to loans made pursuant hereto including, but not limited to, the issuance of any appropriate notices or information returns required under the Code or other applicable law.

Appears in 2 contracts

Samples: Prototype 401(k) Plan (Associated Estates Realty Corp), 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)

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Administration of Loans. Except as expressly provided otherwise in ----------------------- this Article XII, the Administrator shall have the sole responsibility for all administrative tasks relating to loans made pursuant hereto including, but not limited to, the issuance of any appropriate notices or information returns required under the Code or other applicable law.

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)

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Administration of Loans. Except as expressly provided otherwise in this Article XII, the Administrator shall have the sole responsibility for all administrative tasks relating to loans made pursuant hereto including, but not limited to, the issuance of any appropriate notices or information returns required under the Code or other applicable law. 12.14 Precedence. This Article overrides Section 18.01 below.

Appears in 1 contract

Samples: Prototype 401(k) Plan (United States Lime & Minerals Inc)

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