Common use of Foundation Assets Clause in Contracts

Foundation Assets. (1) The assets of the Foundation consist of the foun- dation's capital, pooled assets and the assets of the individual pension funds. (2) The Foundation assets or parts thereof may under no circumstances be returned to the associated em- ployers or to the founder. The foundation's endow- ment fund must also not be alienated from the pur- pose of occupational provident insurance in any other way.

Foundation Assets. (1) The Foundation assets of comprise the original Foundation consist of assets donated by the foun- dation's capital, pooled assets founders and the pension fund assets of the individual pension funds. (2) The Foundation assets or parts thereof may under no circumstances be returned to the associated em- ployers or to the founderfounders. The foundation's endow- ment fund must also not be alienated from the pur- pose of occupational staff provident insurance in any other way.