RESTRICTIONS ON FUNDING. 14. The Bank shall have no obligation to set aside earmark, or entrust any fund or money with which to pay its obligations under this Agreement. The Bank reserves the absolute right at its sole discretion to either fund the obligations undertaken by this Agreement or to refrain from funding the same and determine the extent, nature, and method of such funding. GENERAL ASSETS OF THE BANK
Appears in 11 contracts
Samples: Continuation Agreement the Agreement, Wilson Bank and Trust Executive Salary Continuation Agreement (Wilson Bank Holding Co), Wilson Bank and Trust Executive Salary Continuation Agreement (Wilson Bank Holding Co)
RESTRICTIONS ON FUNDING. 14. The Bank shall have no obligation to set aside aside, earmark, or entrust any fund or money with which to pay its obligations under this Agreement. The Bank reserves the absolute right at its sole discretion to either fund the obligations undertaken by this Agreement or to refrain from funding the same and determine the extent, nature, and method of such funding. GENERAL ASSETS OF THE BANK.
Appears in 5 contracts
Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc), Continuation Agreement (Oak Hill Financial Inc)
RESTRICTIONS ON FUNDING. 14. The Bank shall have no obligation to set aside aside, earmark, or or-entrust any fund or money with which to pay its obligations under this Agreement. The Bank reserves the absolute right at its sole discretion to either fund the obligations undertaken by this Agreement or to refrain from funding the same and determine the extent, nature, and method of such funding. GENERAL ASSETS OF THE BANK.
Appears in 2 contracts
Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc)
RESTRICTIONS ON FUNDING. 1411. The Bank shall have no obligation obligations to set aside aside, earmark, or entrust any fund or money with which to pay its obligations under this Agreement. The Bank reserves the absolute right at its sole discretion to either fund the obligations undertaken by this Agreement or to refrain from funding the same and determine the extent, nature, nature and method of such funding. GENERAL ASSETS OF THE BANK.
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