Common use of Loan Approval Clause in Contracts

Loan Approval. The Administrator, or the Trustee, if otherwise authorized by the Administrator and agreed to by the Trustee, is responsible for determining that a loan request conforms to the requirements described in this Section and granting such request.

Appears in 12 contracts

Samples: Salaried Savings Plan and Trust Agreement (Longview Fibre Co), Employee Stock Savings Plan (La Gear Inc), Employee Savings Plan Agreement (Nipsco Industries Inc)

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Loan Approval. The Administrator, or the Trustee, Trustee if otherwise authorized by the Administrator and expressly agreed to by the Trustee, is responsible for determining that a an loan request conforms to the requirements described in this Section and granting such request.

Appears in 2 contracts

Samples: Retirement Savings Plan and Trust Agreement (Southdown Inc), Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/)

Loan Approval. The Administrator, or the Trustee, Trustee if otherwise authorized by the Administrator and agreed to by the Trustee, is responsible for determining that a loan request conforms to the requirements described in this Section and granting such request.

Appears in 2 contracts

Samples: Employees' Savings Plan and Trust Agreement (Timken Co), Plan and Trust Agreement (Roadway Services Inc)

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Loan Approval. The Administrator, or on the Trustee, if otherwise authorized by the Administrator and agreed to by the Trustee, is responsible for determining that a loan request conforms to the requirements described in this Section and granting such request.

Appears in 1 contract

Samples: Savings Plan Amendment (New Nisource Inc)

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