Common use of Allocation of Plan Interests Clause in Contracts

Allocation of Plan Interests. All transfers to, withdrawals from, or other transactions regarding the Master Trust shall be conducted in such a way that the proportionate interest in the Master Trust of each Plan and the fair market value of that interest may be determined at any time. Whenever the assets of more than one Plan are commingled in the Master Trust or in any investment option, the undivided interest therein of each such Plans shall be debited or credited (as the case may be) (i) for the entire amount of every contribution received on behalf of such Plans, every benefit payment, or other expense attributable solely to such Plans, and every other transaction relating only to such Plans; and (ii) for its proportionate share of every item of collected or accrued income, gain or loss, and general expense, and of any other transactions attributable to the Master Trust or that investment option as a whole. Section 7.

Allocation of Plan Interests. All transfers to, withdrawals from, or other transactions regarding the Master Trust shall be conducted in such a way that the proportionate interest in the Master Trust of each Plan and the fair market value of that interest may be determined at any time. Whenever the assets of more than one Plan are commingled in the Master Trust or in any investment option, the undivided interest therein of each such Plans shall be debited or credited (as the case may be) (i) for the entire amount of every contribution received on behalf of such Plans, every benefit payment, or other expense attributable solely to such Plans, and every other transaction relating only to such Plans; and (ii) for its proportionate share of every item of collected or accrued income, gain or loss, and general expense, and of any other transactions attributable to the Master Trust or that investment option as a whole. Section 7.