Common use of Corpus or Income Clause in Contracts

Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. 144.1 of the Income Tax Act (Canada) or any successor provision thereto.thereto.β€Œ

Appears in 3 contracts

Samples: Employee Life and Health Trust Agreement, Employee Life and Health Trust Agreement, Employee Life and Health Trust Agreement

Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Participants, Retired Employees and Beneficiaries and as permitted under s. section 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. s.β€Œ 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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