Common use of Third Persons Clause in Contracts

Third Persons. person dealing with Trustee shall not be required to make any inquiry as to whether the Company or the Committee has instructed Trustee, or Trustee is otherwise authorized, to take or omit any action, and shall not be required to follow the application by Trustee of any money or property which may be paid or delivered to Trustee.

Appears in 3 contracts

Samples: Deferred Compensation Plan Trust Agreement (First American Financial Corp), Deferred Compensation Plan Trust Agreement (First American Financial Corp), Deferred Compensation Plan Trust Agreement (Ch Energy Group Inc)

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Third Persons. person A third party dealing with the Trustee shall not be required to make any inquiry as to whether the Company or Companies have instructed the Committee has instructed Trustee, or the Trustee is otherwise authorized, to take or omit any action, and shall not be required or to follow the application by the Trustee of any money or property which may be paid or delivered to the Trustee.

Appears in 1 contract

Samples: Employee Stock Ownership Plan and Trust Agreement (Sempra Energy)

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