Common use of PROHIBITION OF DIVERSION Clause in Contracts

PROHIBITION OF DIVERSION. Section 4.1. Except as provided in Section 4.2 herein, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 13 contracts

Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Money Market Instruments Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Growth & Value Funds Inc), Adoption Agreement Dreyfus Standardized (Dreyfus Growth Opportunity Fund Inc)

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PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries Beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiariesBeneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 7 contracts

Samples: Trust Agreement (Canadian Imperial Bank of Commerce /Can/), Trust Agreement (Longview Fibre Co), Trust Agreement (Longview Fibre Co)

PROHIBITION OF DIVERSION. Section 4.1. Except as provided in Section 4.2 herein4.2, at no time prior to the satisfaction of all liabilities with respect to Participants participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 4 contracts

Samples: Esop Trust Agreement (ASB Bancorp Inc), Esop Trust Agreement (Partners Trust Financial Group Inc), Trust Agreement (Partners Trust Financial Group Inc)

PROHIBITION OF DIVERSION. Section 4.1. 5.1 Except as provided in Section 4.2 herein5.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants Plan participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants Plan participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

PROHIBITION OF DIVERSION. Section 4.1. Except as provided in Section 4.2 hereinof this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries Beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiariesBeneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 2 contracts

Samples: Trust Agreement (Sap Aktiengesellschaft Systems Applications Products in Data), Trust Agreement (Standard Products Co)

PROHIBITION OF DIVERSION. Section 4.15.1. Except as provided in Section 4.2 herein5.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries Beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiariesBeneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 2 contracts

Samples: Icf Kaiser International Inc, Icf Kaiser International Inc

PROHIBITION OF DIVERSION. Section SECTION 4.1. Except as provided in Section 4.2 herein4.2, at no time prior to the satisfaction of all liabilities with respect to Participants participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 1 contract

Samples: Esop Trust Agreement (Clifton Savings Bancorp Inc)

PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other Pg. 11 than for the exclusive benefit of Participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc /Il/)

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PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries Beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiariesBeneficiaries, or for defraying reasonable expenses of administering the Plan.. Pg. 8

Appears in 1 contract

Samples: Agreement (Sequa Corp /De/)

PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.. Pg.11

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc /Il/)

PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other than for the exclusive benefit of Participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc.)

PROHIBITION OF DIVERSION. Section 4.16.1. Except as provided in Section 4.2 herein6.2 of this Article, at no time prior to the satisfaction of all liabilities with respect to Participants and their beneficiaries under the Plan shall any part of the corpus or income of the Fund be used for, or diverted to, purposes other Pg.11 than for the exclusive benefit of Participants or their beneficiaries, or for defraying reasonable expenses of administering the Plan.

Appears in 1 contract

Samples: Trust Agreement (Dynegy Inc /Il/)

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