Common use of Funding of the Trust Clause in Contracts

Funding of the Trust. 7.1 Funding of the Trust Fund by the Employer is not mandatory. 7.2 The Employer may at any time or from time to time make additional deposits of money or other property acceptable to the Trustee to the Trust Fund to augment the principal to be held, administered and disposed of by the Trustee as provided in this Trust Agreement. Neither the Trustee nor any Trust Beneficiary shall have any right to compel such additional deposits.

Funding of the Trust. 7.1 Funding of the Trust Fund by the any Employer is not mandatory. 7.2 The Employer Employers, in their sole discretion, may at any time or from time to time make additional deposits of money cash or other property acceptable to the Trustee to the Trust Fund to augment the principal to be held, administered and disposed of by the Trustee as provided in this Trust Agreement. Neither the Trustee nor any Trust Beneficiary shall have any right to compel such additional deposits.