Common use of Contributions Held in Trust Clause in Contracts

Contributions Held in Trust. The Trustees declare that they will receive and hold the contributions herein provided for or any other money, income, rebate, dividend or return of premium or property which may be entrusted to them, as Trustees hereunder, with the powers and duties and for the uses, purposes and trusts set forth in this Agreement and Declaration of Trust.

Appears in 3 contracts

Samples: Restated Agreement and Declaration of Trust, Restated Agreement and Declaration of Trust, Restated Agreement and Declaration of Trust

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Contributions Held in Trust. The Trustees declare that they will shall receive and hold the contributions Contributions herein provided for or any other money, income, rebate, dividend dividend, or return of premium or property which may be entrusted to them, as Trustees hereunder, with the powers and duties and for the uses, purposes purposes, and trusts set forth in this Agreement and Declaration of TrustRestated Trust Agreement. Neither the Union, the Employers, Employees, or their Beneficiaries shall have any right, title, or interest on or to the Trust Fund or any part thereof except as required by law.

Appears in 1 contract

Samples: Trust Agreement

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