Common use of Co-Fiduciary Liability Clause in Contracts

Co-Fiduciary Liability. In any other case, the Master Trustee shall not be liable for any loss, or by reason of any breach, arising from any act or omission of another fiduciary under the Plans except as provided in section 405(a) of ERISA. Without limiting the foregoing, the Master Trustee shall have no liability for the acts or omissions of any predecessor or successor trustee. (d)

Appears in 2 contracts

Samples: Master Trust Agreement (Associates First Capital Corp), Master Trust Agreement (Associates First Capital Corp)

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Co-Fiduciary Liability. In any other case, the Master Trustee shall not be liable for any loss, or by reason of any breach, arising from any act or omission of another fiduciary under the Plans except as provided in section 405(a) of ERISA. Without limiting the foregoing, the Master Trustee shall have no liability for the acts or omissions of any predecessor or successor trustee. (d).

Appears in 2 contracts

Samples: Master Trust Agreement (Ford Motor Co), Master Trust Agreement (Ford Motor Co)

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Co-Fiduciary Liability. In any other case, the Master Trustee shall not be liable for any lossLosses, or by reason of any breach, arising from any act or omission of another fiduciary under the Plans Plan except as provided in section 405(a) of ERISA. Without limiting the foregoing, the Master Trustee shall have no liability for the acts or omissions of any predecessor or successor trustee. (d).

Appears in 1 contract

Samples: Master Trust Agreement (Ford Motor Co)

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