Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, is Insolvent (the "Insolvent Entity"). The Insolvent Entity shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 3 contracts
Samples: Master Trust Agreement (On Assignment Inc), Master Trust Agreement (Ameristar Casinos Inc), Master Trust Agreement (Haynes International Inc)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, is Insolvent (the "“Insolvent Entity"”). The Insolvent Entity shall be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 3 contracts
Samples: Master Trust Agreement (Host Hotels & Resorts L.P.), Master Trust Agreement (Haynes International Inc), Master Trust Agreement (International Rectifier Corp /De/)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, Participating Company employing the Participant is Insolvent (the "Insolvent Entity")Insolvent. The Insolvent Entity A Participating Company shall be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement (Darden Restaurants Inc)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, Company is Insolvent (the "Insolvent Entity")Insolvent. The Insolvent Entity Company shall be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 2 contracts
Samples: Trust Agreement (J Jill Group Inc), Trust Agreement (J Jill Group Inc)
Trustee Responsibility Regarding Payments on Insolvency. (a) The As provided in Section 3.7(b), the Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, Company is Insolvent (the "Insolvent Entity")Insolvent. The Insolvent Entity Company shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 2 contracts
Samples: Master Trust Agreement (Zero Corp), Master Trust Agreement (Zero Corp)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if If the Company, or any Subsidiary, Subsidiary is Insolvent (the "Insolvent Entity"), the Trustee shall cease payments of benefits to Participants and Beneficiaries otherwise entitled to payment by the Insolvent Entity under the provisions of any Plan as provided in this Section 3.7. The Insolvent Entity Company or Subsidiary shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 2 contracts
Samples: Master Trust Agreement (RPM Inc/Oh/), Master Trust Agreement (RPM International Inc/De/)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, Company is Insolvent (the "Insolvent Entity")Insolvent. The Insolvent Entity Company shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 2 contracts
Samples: Trust Agreement (J Jill Group Inc), Trust Agreement (J Jill Group Inc)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries as provided in subsection (b) if the Company, or any Subsidiary, is Insolvent (the "“Insolvent Entity"”). The Insolvent Entity shall be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 1 contract
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall will cease payment of benefits to Participants and their Beneficiaries attributable to a particular entity under the terms of a Plan if the Company, or any Subsidiary, entity is Insolvent (the "“Insolvent Entity"”). The Insolvent Entity shall will be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 1 contract
Samples: Trust Agreement (Comdata Network, Inc. Of California)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries as provided in subsection (b) if the Company, or any Subsidiary, is Insolvent (the "Insolvent Entity"). The Insolvent Entity shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 1 contract
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any SubsidiaryAffiliate, is Insolvent (the "Insolvent Entity"). The Insolvent Entity shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 1 contract
Trustee Responsibility Regarding Payments on Insolvency. (a) The As provided in Section 3.7(b), the Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, Company or any Subsidiary, Subsidiary is Insolvent (the "“Insolvent Entity"”). The Insolvent Entity shall be considered "“Insolvent" ” for purposes of this Master Trust Agreement if:
Appears in 1 contract
Samples: Master Trust Agreement (Wh Holdings Cayman Islands LTD)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any SubsidiaryAffiliate, is Insolvent (the "Insolvent Entity"). The Insolvent Entity shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 1 contract
Samples: Trust Agreement (Claiborne Liz Inc)
Trustee Responsibility Regarding Payments on Insolvency. (a) The Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, or any Subsidiary, Company is Insolvent (the "Insolvent Entity")Insolvent. The Insolvent Entity Company shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 1 contract
Samples: Master Trust Agreement (Certified Grocers of California LTD)
Trustee Responsibility Regarding Payments on Insolvency. (a) The As provided in Section 3.7(b), the Trustee shall cease payment of benefits to Participants and their Beneficiaries if the Company, Company or any Subsidiary, Subsidiary is Insolvent (the "Insolvent Entity"). The Insolvent Entity shall be considered "Insolvent" for purposes of this Master Trust Agreement if:
Appears in 1 contract
