Common use of Special Accounting During Conversion Period Clause in Contracts

Special Accounting During Conversion Period. The Administrator and Trustee may use any reasonable accounting methods in performing their respective duties during any Conversion Period. This includes, but is not limited to, the method for allocating net investment gains or losses and the extent, if any, to which contributions received by and distributions paid from the Trust during this period share in such allocation.

Appears in 14 contracts

Samples: Plan and Trust Agreement (Timken Co), Nipsco Industries Inc, Hanna M a Co/De

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Special Accounting During Conversion Period. The Administrator and Trustee may use any reasonable accounting methods in performing their respective duties during any Conversion Periodthe period of converting the prior accounting system of the Plan and Trust to conform to the individual Participant accounting system described in this Section. This includes, but is not limited to, the method for allocating net investment gains or losses and the extent, if any, to which contributions received by and distributions paid from the Trust during this period share in such allocation.

Appears in 3 contracts

Samples: Plan and Trust Agreement (Southdown Inc), Roadway Services Inc, Bank Jos a Clothiers Inc /De/

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