Common use of University Obligation Clause in Contracts

University Obligation. The University shall remit to the financial institution those sums specified by the employee and governed by the Plan. All investments shall be deposited only in an institution covered by the Canada Deposit Insurance Corporation (CDIC). The University and the Union shall not be liable to any participant for investment made under this clause.

Appears in 8 contracts

Samples: Office and Professional Employees, Office and Professional Employees, Collective Agreement

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