Common use of No Duty of Trustee to Enforce Collection Clause in Contracts

No Duty of Trustee to Enforce Collection. Notwithstanding anything herein to the contrary, the Trustee shall have no authority or obligation to enforce the collection of any contribution or transfer to the Trust.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement (Hot Topic Inc /Ca/), Trust Agreement (Hologic Inc)

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No Duty of Trustee to Enforce Collection. Notwithstanding anything herein to the contrary, before a Change of Control has occurred that results in the Employer’s irrevocable funding of the Trust, Trustee shall have no authority or obligation to enforce the collection of any contribution or transfer to the Trust.

Appears in 1 contract

Samples: Trust Agreement (MEADWESTVACO Corp)

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