Common use of ASSIGNMENT OR ALIENATION Clause in Contracts

ASSIGNMENT OR ALIENATION. Except as may be required by law or permitted by the Plan, the Fund shall not be subject to any form of attachment, garnishment, sequestration or other actions of collection afforded creditors of the Employer, participants or beneficiaries under the Plan. The Trustee shall not recognize any permitted assignment or alienation of benefits unless directed to do so by the Named Fiduciary or required to do so by applicable law.

Appears in 11 contracts

Samples: Trust Agreement (Northeast Community Bancorp Inc), Trust Agreement (Cecil Bancorp Inc), Trust Agreement (Osage Federal Financial Inc)

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ASSIGNMENT OR ALIENATION. Except as may be required provided by law or permitted by the Planlaw, the Fund shall not be subject to any form of attachment, garnishment, sequestration or other actions of collection afforded creditors of the EmployerAdministrator, participants or beneficiaries under the PlanParticipants. The Trustee Custodian shall not recognize any permitted assignment or alienation of benefits unless directed to do so by an Authorized Instruction from the Named Fiduciary or required to do so by applicable lawAdministrator is received.

Appears in 1 contract

Samples: treasurer.delaware.gov

ASSIGNMENT OR ALIENATION. Except as may be required provided by law or permitted by the Planlaw, the Fund shall not be subject to any form of attachment, garnishment, sequestration or other actions of collection afforded creditors of the EmployerCompany, participants or beneficiaries under the Plan. The Trustee shall not recognize any permitted assignment or alienation of benefits unless directed to do so by the Named Fiduciary or required to do so by applicable lawan Authorized Instruction is received.

Appears in 1 contract

Samples: Trust Agreement (Ch Energy Group Inc)

ASSIGNMENT OR ALIENATION. Except as may be required by law or permitted by the Plan, the Fund shall not be subject to any form of attachment, garnishment, sequestration seauestration or other actions of collection afforded creditors of the Employer, participants or beneficiaries under the Plan. The Trustee shall not recognize any permitted assignment or alienation of benefits unless directed to do so by the Named Fiduciary or required to do so by applicable law.

Appears in 1 contract

Samples: Trust Agreement (HMN Financial Inc)

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ASSIGNMENT OR ALIENATION. Except as may be required by law or permitted ------------------------ by the Plan, the Fund shall not be subject to any form of attachment, garnishment, sequestration or other actions of collection afforded creditors of the Employer, participants or beneficiaries under the Plan. The Trustee shall not recognize any permitted assignment or alienation of benefits unless directed to do so by the Named Fiduciary or required to do so by applicable law.

Appears in 1 contract

Samples: Trust Agreement (Kearny Financial Corp.)

ASSIGNMENT OR ALIENATION. Except as may be required by law or -------------------------- permitted by the Plan, the Fund shall not be subject to any form of attachment, garnishment, sequestration or other actions of collection afforded creditors of the Employer, participants or beneficiaries under the Plan. The Trustee shall not recognize any permitted assignment or alienation of benefits unless directed to do so by the Named Fiduciary or required to do so by applicable law.

Appears in 1 contract

Samples: Trust Agreement (American Bancorp of New Jersey Inc)

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