Common use of Recapture of Excess Assets Clause in Contracts

Recapture of Excess Assets. 2.04-1 In the event the trust shall hold Excess Assets, the Committee, at its option, may direct the Trustee to return part or all of such Excess Assets to the Company.

Appears in 5 contracts

Samples: Umbrella Trust Agreement (North Valley Bancorp), Trust Agreement (Keycorp /New/), Umbrella Trust Agreement (North Valley Bancorp)

AutoNDA by SimpleDocs

Recapture of Excess Assets. 2.04-1 In the event the trust Trust or Subtrust shall hold Excess Assets, the Committee, at its option, may direct the Trustee to return part or all of such Excess Assets to the Company.

Appears in 1 contract

Samples: Trust Agreement (Prudential Financial Inc)

Recapture of Excess Assets. 2.04-1 In the event the trust shall hold Excess Assets, the Committee, at its option, may direct the Trustee to return part or all of such Excess Assets to the Company. 2.04-2 “Excess Assets” are assets of the trust exceeding one hundred twenty five percent (125%) of the amounts described in subparagraphs (a), (b), (c) and (d) of 2.01-3.

Appears in 1 contract

Samples: Trust Agreement (Keycorp /New/)

AutoNDA by SimpleDocs

Recapture of Excess Assets. 2.04-1 In the event the trust Trust shall hold Excess Assets, the Committee, at its option, may direct the Trustee to return part or all of such Excess Assets to the Company.

Appears in 1 contract

Samples: Not Specified (Egghead Inc /Wa/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!