Authority to Segregate Assets. The Company may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 10 contracts
Samples: Plan and Trust Agreement (Timken Co), Plan and Trust Agreement (Southdown Inc), Longview Fibre Co
Authority to Segregate Assets. The Company Administrator may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Investment Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company Administrator shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 5 contracts
Samples: Advo Inc, Hanna M a Co/De, Gerber Scientific Inc
Authority to Segregate Assets. The Company Administrator may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Investment Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company Administrator shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.. 09/15/97 51
Appears in 1 contract
Samples: Riviana Foods Inc /De/
Authority to Segregate Assets. The Company Investment Committee may direct the Trustee to split an Investment Fund into two or more funds in the event any assets in the Fund are illiquid or the value is not readily determinable. In the event of such segregation, the Company shall give instructions to the Trustee on what value to use for the split-off assets, and the Trustee shall not be responsible for confirming such value.
Appears in 1 contract
