Segregation of Trust Assets Upon Withdrawal. Upon the withdrawal of a Participating Company pursuant to subsection (a) of this Section, the Plan Administrator shall segregate the share of the assets in the Trust Fund, the value of which, determined on the day the withdrawal of such Participating Company shall be effective, shall equal the total credited to the accounts of Participants of the withdrawing Participating Company. The determination of which assets are to be so segregated shall be made by the Committee acting on behalf of the Named Fiduciary in its sole discretion.
Appears in 5 contracts
Samples: Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Hotels & Resorts, Inc.), Retirement and Savings Plan (Host Hotels & Resorts L.P.)
