Common use of RETURN OF MISTAKEN CONTRIBUTIONS Clause in Contracts

RETURN OF MISTAKEN CONTRIBUTIONS. To the extent permitted by XXXXX, the Internal Revenue Code, and other applicable law, in the event that the Trustees or the designees determine that an Employer has made a contribution to the Fund by mistake of fact or law, that no benefits have been paid to Employees or their families and dependents as a consequence of the mistake, and that the mistaken contribution can be returned to the Employer without actuarial harm to the Fund, the Trustees may return the mistaken contribution to the Employer in their sole and absolute discretion, but shall not be required to do so.

Appears in 1 contract

Samples: Agreement and Declaration of Trust

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RETURN OF MISTAKEN CONTRIBUTIONS. To the extent permitted by XXXXX, the Internal Revenue Code, and other applicable law, in the event that the Trustees or the their designees determine that an Employer has made a contribution to the Fund by mistake of fact or law, that no benefits have been paid to Employees or their families and dependents as a consequence of the mistake, and that the mistaken contribution can be returned to the Employer without actuarial harm to the Fund, the Trustees may return the mistaken contribution to the Employer in their sole and absolute discretion, but shall not be required to do so.

Appears in 1 contract

Samples: Agreement and Declaration of Trust

RETURN OF MISTAKEN CONTRIBUTIONS. To the extent permitted by XXXXXERISA, the Internal Revenue Code, and other applicable law, in the event that the Trustees or the their designees determine that an Employer has made a contribution to the Fund by mistake of fact or law, that no benefits have been paid to Employees or their families and dependents as a consequence of the mistakemis- take, and that the mistaken contribution can be returned to the Employer without actuarial harm to the Fund, the Trustees may return re- turn the mistaken contribution to the Employer in their sole and absolute discretion, but shall not be required to do so.

Appears in 1 contract

Samples: Agreement and Declaration of Trust

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RETURN OF MISTAKEN CONTRIBUTIONS. To the extent permitted by XXXXXERISA, the Internal Revenue Code, and other applicable law, in the event that the Trustees or the designees determine that an Employer has made a contribution to the Fund by mistake of fact or law, that no benefits have been paid to Employees or their families and dependents as a consequence of the mistake, and that the mistaken contribution can be returned to the Employer without actuarial harm to the Fund, the Trustees may return the mistaken contribution to the Employer in their sole and absolute discretion, but shall not be required to do so.

Appears in 1 contract

Samples: Agreement and Declaration of Trust

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