Common use of Contributions by the Company Clause in Contracts

Contributions by the Company. (a) The Trustee shall receive from the Company such amounts in cash or other property reasonably acceptable to the Trustee as the Company may from time to time determine. The Trustee shall be under no obligation to seek collection of any contribution from the Company. All responsibility for the determination of the amount, timing and type of payments made to the Trustee, or otherwise establishing a funding policy consistent with the objectives of the applicable Plan shall be on the Company or its designee. (b) In addition to contributions made to the Trust pursuant to Section 3.2(a), the Company may from time to time deliver to the Trustee such other amounts as the Company may consider necessary or appropriate to provide for the payment of expenses of the Trust.

Appears in 4 contracts

Samples: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc)

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Contributions by the Company. (a) The Trustee shall receive from the Company such amounts in cash or other property reasonably acceptable to the Trustee as the Company may from time to time determine. The Trustee shall be under no obligation to seek collection of collect any contribution from the Companysuch contribution. All responsibility for the determination of the amount, timing and type of payments made to the Trustee, or otherwise establishing a funding policy consistent with the objectives of the applicable Plan shall be on the Company or its designee. (b) In addition to contributions made to the Trust pursuant to Section 3.2(a), the Company may from time to time deliver to the Trustee such other amounts as the Company may consider be considered necessary or appropriate to provide for the payment of expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Newmont Mining Corp /De/)

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Contributions by the Company. (a) The Trustee shall receive from the Company such amounts in cash or other property reasonably acceptable to the Trustee as the Company may from time to time determine. The Trustee shall be under no obligation to seek collection of collect any contribution from the Companysuch contribution. All responsibility for the determination of the amount, timing and type of payments made to the Trustee, or otherwise establishing a funding policy consistent with the objectives of the applicable Plan shall be on the Company or its designee. (b) In addition to contributions made to the Trust pursuant to Section 3.2(a3.2 (a), the Company may from time to time deliver to the Trustee such other amounts as the Company may consider be considered necessary or appropriate to provide for the payment of expenses of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Wellchoice Inc)

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