Examples of ABA Members Collective Trust in a sentence
Except to the extent necessary in connection with the performance of its obligations under this Agreement or in connection with the ABA Members Collective Trust or the ABA RF Program, the Trustee shall keep in strict confidence any recommendations and confidential information provided to it by the Advisor.
In making any amendment to the ABA Members Collective Trust, State Street shall exercise its reasonable judgment as to the content and timing of such amendment.
State Street shall represent the ABA Members Collective Trust and the Trusts in any arbitration, suit or legal proceeding in any court or before any other body or tribunal.
In accordance with the ABA Members Collective Trust and the Trusts, State Street shall, whenever in its judgment any interest of the Program so requires, acting on behalf of the ABA Members Collective Trust or the Trusts, (a) settle, compromise, abandon or submit to arbitration any claim or demand, or (b) commence or defend any suit or legal proceeding.
The appointment of SSB as successor trustee will immediately vest title of the assets of the ABA Members Collective Trust in SSB as successor trustee without any separate instrument or conveyance.
If ABRA and State Street shall be unable to agree regarding the propriety or amount of any such expense to be charged to the ABA Members Collective Trust or the Trusts, as the case may be, ABRA and State Street shall submit the issue to arbitration in accordance with Section 16.10.
The terms of State Street's contracts with Major Vendors shall be consistent with State Street's responsibilities, duties and obligations under, and not in conflict with the terms and conditions of, this Agreement, the Trusts and the ABA Members Collective Trust, including, without limitation, Section 12.07.
All notices, accountings, reports and other communications by State Street to Participants, Employers and Investors shall be delivered in accordance with and otherwise governed by the applicable provisions of the Trusts and the ABA Members Collective Trust.
Except as otherwise provided by applicable law, the Trustee shall not be liable for any act or omission of any person or entity (other than an Affiliate) that either acts as a fiduciary or a service provider for an Employer Plan or trust pursuant to the delegation of responsibility under that plan or trust or under this Agreement, the ABA Members Collective Trust or the Program Interface Agreement, or has acted as a fiduciary or a service provider to a plan or a trust.
The performance by State Street Trust of its obligations under the State Street Trust Agreement shall discharge any obligations imposed upon State Street under the AISA Agreement to the extent such agreement contemplates that State Street will serve as trustee of the ABA Members Collective Trust.