Common use of Plan Termination Procedures Clause in Contracts

Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of applicable Plan Documents and this Section 7, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Planholder's account and final payment to said Planholder shall be effected by the Custodian in accordance with applicable Plan Documents.

Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Plan Documents Prospectus and this Section 7Agreement, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's account Plan Account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Planholder's account Plan Account and final payment to said Planholder the Plan- holder shall be effected by the Custodian in accordance with the applicable Plan DocumentsProspectus.

Plan Termination Procedures. In connection with the termination of any Plan in accordance with the provisions of the applicable Plan Documents Prospectus and this Section 7Agreement, the Custodian will furnish the Planholder and the Sponsor with a notice of termination showing all changes in such Planholder's account Plan Account since the date of the last previous statement issued by the Custodian, and the Planholder shall thereafter have no further claim against the Custodian, except as may be set forth in such statement, and shall not be entitled to any further accounting. In the event of termination of a Plan, liquidation of the Planholder's account Plan Account and final payment to said the Planholder shall be effected by the Custodian in accordance with the applicable Plan DocumentsProspectus.