Common use of Legal Sources of Payments Clause in Contracts

Legal Sources of Payments. The Trustees may accept money or property from sources other than those described in this Agreement provided that acceptance from any such other source is not contrary to the terms of this Agreement and does not cause the Trust to lose its status as an “employee life and health trust” within the meaning of the Income Tax Act (Canada).‌

Appears in 5 contracts

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

AutoNDA by SimpleDocs

Legal Sources of Payments. The Trustees may accept money or property from sources other than those described in this Agreement provided that acceptance from any such other source is not contrary to the terms of this Agreement and does not cause the Trust to lose its status as an “employee life and health trust” within the meaning of the Income Tax Act (Canada).‌Canada).

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

AutoNDA by SimpleDocs

Legal Sources of Payments. The Trustees may accept money or property from sources other than those described in this Agreement provided that acceptance from any such other source is not contrary to the terms of this Agreement and does not cause the Trust to lose its status as an "employee life and health trust" within the meaning of the Income Tax Act (Canada).‌Canada).

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!