Common use of Persons Dealing With Trustee Protected Clause in Contracts

Persons Dealing With Trustee Protected. No person dealing with the Trustee shall be required or entitled to see to the application of any money paid or property delivered to the Trustee, or determine whether the Trustee is acting pursuant to the authorities granted to the Trustee hereunder or to authorizations or directions herein required. The certificate of the Trustee that the Trustee is acting in accordance with the Plan shall protect any person relying thereon.

Appears in 3 contracts

Samples: Adoption Agreement (Eureka Financial Corp.), 401(k) Plan (Floridian Financial Group Inc), Trust Agreement (Southwest Community Bancorp)

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Persons Dealing With Trustee Protected. No person dealing with the Trustee shall be required or entitled to see to the application of any money paid or property delivered to the Trustee, or determine whether or not the Trustee is acting pursuant to the authorities granted to the Trustee hereunder or to authorizations or directions herein required. The certificate of the Trustee that the Trustee is acting in accordance with the Plan shall protect any person relying thereon.

Appears in 3 contracts

Samples: Adoption Agreement (Southbanc Shares Inc), Defined Contribution Plan and Trust (Capstone Pharmacy Services Inc), Adoption Agreement (Jones Medical Industries Inc /De/)

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