Common use of Merger, Consolidation or Transfer Clause in Contracts

Merger, Consolidation or Transfer. In the event of the merger, consolidation or transfer of any portion of the Trust Fund to a trust fund held under any other plan, the Trustee shall dispose of all or part, as the case may be, of the Trust Fund, in accordance with the written directions of the Named Fiduciary, subject to the right of the Trustee to reserve funds as provided in Section 6.1 hereof.

Appears in 4 contracts

Samples: Trust Agreement (Mens Wearhouse Inc), Trust Agreement (Kindred Healthcare Inc), Trust Agreement (Dentsply International Inc /De/)

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Merger, Consolidation or Transfer. In the event of the merger, consolidation or transfer of any portion of the Trust Fund to a trust fund held under any other plan, the Trustee shall dispose of all or part, as the case may be, of the Trust FundTrust, in accordance with the written directions of the Named FiduciaryEmployer, subject to the right of the Trustee to reserve funds as provided in Section 6.1 hereof.

Appears in 1 contract

Samples: Qualified Plan Trust Agreement (Sunquest Information Systems Inc)

Merger, Consolidation or Transfer. In As provided in Article XIV of the Plan, and subject to the limitations set forth therein, in the event of the merger, consolidation or transfer of any portion of the Trust Fund to a trust fund held under any other plan, the Trustee shall dispose of all or part, as the case may be, of the Trust Fund, in accordance with the written directions of the Named Fiduciary, subject 106 to the right of the Trustee to reserve funds as provided in Section 6.1 7.1 hereof.

Appears in 1 contract

Samples: 401(k) Adoption Agreement (Garmin LTD)

Merger, Consolidation or Transfer. In the event of the merger, consolidation or transfer of any portion of the Trust Fund to a trust fund held under any other plan, the Trustee shall dispose of all or part, as the case may be, of the Trust Fund, in accordance with the written directions of the Named FiduciaryInvestment Committee, subject to the right of the Trustee to reserve funds as provided in Section 6.1 hereof.

Appears in 1 contract

Samples: Trust Agreement (Jorgensen Earle M Co /De/)

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Merger, Consolidation or Transfer. In the event of the merger, consolidation or transfer of any portion of the Trust Fund to a trust fund held under any other plan, the Trustee shall dispose of all or part, as the case may be, of the Trust Fund, in accordance with the written directions of the Named Investment Fiduciary, subject to the right of the Trustee to reserve funds as provided in Section 6.1 hereof.

Appears in 1 contract

Samples: Trust Agreement (Tailored Brands Inc)

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