Common use of Creditors' Claims During Solvency Clause in Contracts

Creditors' Claims During Solvency. 5.04-1 During periods of Solvency the Trustee shall hold the trust fund exclusively to pay Plan benefits and fees and expenses of the trust until all Plan benefits have been paid. Creditors of the Company shall not be paid during Solvency from the trust fund, which may not be seized by or subjected to the claims of such creditors in any way.

Appears in 4 contracts

Samples: Keycorp /New/, Index of Terms (North Valley Bancorp), Trust Agreement (Milacron Inc)

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Creditors' Claims During Solvency. 5.04-1 5.04.1 During periods of Solvency the Trustee shall hold the trust fund exclusively to pay Plan benefits and fees and expenses of the trust until all Plan benefits have been paid. Creditors of the Company shall not be paid during Solvency from the trust fund, which may not be seized by or subjected to the claims of such creditors in any way.

Appears in 3 contracts

Samples: Trust Agreement (Milacron Inc), Index of Terms (North Valley Bancorp), Milacron Inc

Creditors' Claims During Solvency. 5.04-1 5.4.1 During periods of Solvency the Trustee shall hold the trust fund exclusively to pay Plan the Plans' benefits and fees and expenses of the trust until all Plan benefits have been paid. Creditors of the Company shall not be paid during Solvency from the trust fund, which may not be seized by or subjected to the claims of such creditors in any way.

Appears in 2 contracts

Samples: Trust Agreement (At&t Inc.), Master Trust Agreement (SBC Communications Inc)

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Creditors' Claims During Solvency. 5.04-1 During periods of Solvency solvency, the Trustee shall hold the trust fund exclusively to pay Plan benefits and fees and expenses of the trust Trust until all Plan benefits have been paid. Creditors of the Company shall not be paid during Solvency solvency from the trust fund, which may not be seized by or subjected to the claims of such creditors in any way.

Appears in 2 contracts

Samples: Trust Agreement (Prudential Financial Inc), Trust Agreement (Egghead Inc /Wa/)

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