Common use of Establishment and Acceptance of Trust Clause in Contracts

Establishment and Acceptance of Trust. The Trustee shall receive any contributions paid to it in cash, or such other property as shall be acceptable to the said Trustee. All contributions so received, together with the income therefrom, which shall be known for purposes of this Agreement as the “Trust Fund”, shall be held, managed and administered in trust pursuant to the terms of this Agreement. The Trustee hereby accepts the Trust created hereunder and agrees to perform the duties under this Agreement on its part to be performed.

Establishment and Acceptance of Trust. The Trustee shall receive any contributions paid to it in cash, or such other property as in kind, which shall be acceptable to the said Trustee. All contributions so receivedconstitute, together with other contributions made from year to year by Employer and Employee and income, interest, gains and losses thereon, the income therefrom, which shall be known for purposes of this Agreement as the “Trust Fund”, . The Trust Fund shall be held, managed and administered in trust pursuant to the terms of this Trust Agreement. The Trustee hereby accepts the Trust Fund created hereunder and agrees to perform the and discharge its duties under this Trust Agreement on its part to be performed.solely in the interest of the Participants and Beneficiaries and,

Establishment and Acceptance of Trust. The Trustee shall receive any contributions paid to it in cash, cash or such other property as shall be acceptable to the said Trusteein Stock. All contributions so received, received together with the income therefrom, which shall be known for purposes of this Agreement as the “Trust Fund”, therefrom shall be held, managed managed, and administered in trust pursuant to the terms of this AgreementPlan. The Trustee hereby accepts the Trust created hereunder and agrees to perform the duties under this Agreement Plan on its part to be performed.