Common use of NO DUTY TO DETERMINE SUFFICIENCY Clause in Contracts

NO DUTY TO DETERMINE SUFFICIENCY. The Trustee shall have no responsibility to determine whether the Trust is sufficient to meet the liabilities under the Plan(s), and shall not be liable for payments or Plan(s) liabilities in excess of the value of the Trust's assets.

Appears in 3 contracts

Samples: Non Qualified Deferred Compensation Plan Trust Agreement (Per Se Technologies Inc), Trust Agreement (Fremont General Corp), Trust Agreement (Fremont General Corp)

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NO DUTY TO DETERMINE SUFFICIENCY. The Trustee shall have no responsibility to determine whether the Trust is sufficient to meet the liabilities under the Plan(s)Plan, and shall not be liable for payments or Plan(s) Plan liabilities in excess of the value of the assets held in the Trust's assets.

Appears in 2 contracts

Samples: Non Qualified Plan Trust Agreement (Weingarten Realty Investors /Tx/), Trust Agreement (Fremont General Corp)

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NO DUTY TO DETERMINE SUFFICIENCY. The Trustee shall have no responsibility to determine whether the Trust is sufficient to meet the liabilities under the Plan(s)Plan, and shall not be liable for payments or Plan(s) Plan liabilities in excess of the value of the Trust's assets.

Appears in 2 contracts

Samples: Contingent Share Award Agreement (Flextronics International LTD), Trust Agreement (Per Se Technologies Inc)

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