Common use of Acquisition Limit Clause in Contracts

Acquisition Limit. The Trust may be invested in HEI Common Stock to the extent permitted under the Plan and necessary to comply with investment directions under the Agreement. The Sponsor shall be responsible for providing specific direction on any acquisition limits imposed by the Plan or applicable law.

Appears in 2 contracts

Samples: Master Trust Agreement (Hawaiian Electric Industries Inc), Master Trust Agreement (Hawaiian Electric Industries Inc)

AutoNDA by SimpleDocs

Acquisition Limit. The Pursuant to the Plan, the Trust may be invested in HEI Common Stock common stock to the extent permitted under the Plan and necessary to comply with investment directions under the by Participants and beneficiaries in accordance with this Agreement. The Sponsor shall be responsible for providing specific direction on any acquisition limits imposed required by the Plan or applicable law.

Appears in 1 contract

Samples: Master Trust Agreement (Hawaiian Electric Industries Inc)

Acquisition Limit. The Trust may will be invested in HEI Common Stock common stock to the extent permitted under the Plan and necessary to comply with investment directions under the of participants and beneficiaries in accordance with this Agreement. The Sponsor shall be responsible for providing specific direction on any acquisition limits imposed required by the Plan or for Sponsor's compliance with applicable law.

Appears in 1 contract

Samples: Trust Agreement (Hawaiian Electric Co Inc)

AutoNDA by SimpleDocs

Acquisition Limit. The Trust may will be invested in HEI Common Stock ----------------- common stock to the extent permitted under the Plan and necessary to comply with investment directions under the of participants and beneficiaries in accordance with this Agreement. The Sponsor shall be responsible for providing specific direction on any acquisition limits imposed required by the Plan or for Sponsor's compliance with applicable law.

Appears in 1 contract

Samples: Trust Agreement (Hawaiian Electric Co Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.