Common use of Loans to Participants Clause in Contracts

Loans to Participants. If permitted under the Adoption Agreement, the Committee, in its discretion, may authorize and direct the Trustee to grant loans to Participants and Beneficiaries in accordance with written rules established by the Committee. Such loans:

Appears in 10 contracts

Samples: Adoption Agreement (Dreyfus Money Market Instruments Inc), Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Growth Opportunity Fund Inc)

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Loans to Participants. If permitted under the Adoption Agreement, the Committee, in its discretion, may authorize and direct the Trustee to grant loans to Participants and Beneficiaries in accordance with written rules established by the Committee. Such loans: (a) Shall not exceed the lesser of:

Appears in 6 contracts

Samples: Adoption Agreement (Dreyfus Lifetime Portfolios Inc), Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Strategic Investing)

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