Responsibility For Contributions. The Trustee, the Sponsor or the Custodian shall not be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and the provisions elected in the Adoption Agreement. The Employer shall have sole responsibility in this regard. The Trustee shall be accountable solely for contributions actually received within the limits of Article X.
Responsibility For Contributions. Neither the Trustee (or the Custodian, if this is a Custodial Plan), nor the Sponsor shall be required to determine if the Employer has made a contribution or if the amount contributed from its general assets is in accordance with the Code and the provisions elected in the Adoption Agreement. The Employer shall have sole responsibility in this regard. The Trustee, or Custodian if this is a Custodial Plan, shall be accountable solely for contributions actually received. The Employer shall have the responsibility to determine whether the Contribution is within the limits of Article X.
Responsibility For Contributions. The Sponsor shall not be required to determine if the Employer has made a contribution or if the amount contributed is in accordance with the Adoption Agreement or the Code. The Employer shall have sole responsibility in this regard.
Responsibility For Contributions. Neither the Prototype Plan Sponsor nor the Custodian shall be required to determine if the Employer has made a contribution or if the amount contributed is in accordance with the Adoption Agreement or the Code. The Employer shall have sole responsibility in this regard. To the extent that a Trustee is appointed by the Employer, that Trustee shall only be responsible to assure that the Employer makes required contributions to this Plan if either the Employer expressly assigns such duty to the Trustee in question, or fails to assign such responsibility to a Trustee or investment manager under the Plan. Any responsibility arising under the preceding sentence is applicable to the Trustee and not the Custodian. The Trustee and/or Custodian shall be accountable solely for contributions actually received by it within the limits of Article X. If no Trustee or investment manager has been delegated the responsibility of monitoring and collecting contributions under Article XIII or other written agreement, then a Plan Fiduciary who has the authority under the Plan to engage a Trustee will assume liability for Plan losses due to the failure to collect contributions resulting from the Fiduciary’s failure to specifically allocate this responsibility. To the extent a Trustee is not responsible for monitoring and collecting contributions under the terms of Article XIII or other written agreement (including but not limited to a trust agreement), the Trustee, even if such Trustee serves as a directed Trustee, has the obligation pursuant to ERISA Sections 404 and 405(a) to take appropriate steps to remedy the failure to collect contributions to the extent the Trustee has knowledge that no party has assumed responsibility for the collection and monitoring of contribution and that delinquent contributions remain uncollected.
Responsibility For Contributions. 10 3.4 Return Of Contributions . . . . . . . . . . . . . . . . . . . . . 10 ARTICLE IV
Responsibility For Contributions. Neither the Plan Administrator, the Trustee nor the Sponsor shall be required to determine if the Employer has made a contribution or if the amount contributed is in accordance with the resolution or other Employer action adopting this Plan or the Code. The Employer shall have sole responsibility in this regard.
Responsibility For Contributions. The General Partner shall not be personally liable for the return of all or any part of the capital contributions of the Partners to the Partnership.
Responsibility For Contributions. The Employer is responsible for remitting all deferred amounts and Employer contributions to the Trustee for investment purposes. The Trustee shall have no duty to determine whether the funds paid by the Employer are the correct amounts or to collect or enforce payment from the Employer. The Employer shall remit to the Trustee amounts deferred by a Participant under the Plan within thirty (30) days of their being withheld from the Participant’s Compensation. Participant deferrals and any Employer contributions shall be held in accordance with Article IX and invested in accordance with Article X. Deferrals shall remain assets of the Employer until paid to the Participant.
Responsibility For Contributions. 20 3.03 Time Of Payment Of Contribution ................................. 20 3.04
Responsibility For Contributions. The Employer shall determine the amount of any contributions to be made by it to the Trust under the terms of the Plan. Neither the Plan Administrative Committee nor the Trustee shall have responsibility to determine the amount of or collect any Employer contributions to the Plan.
