Common use of ACQUITTANCE Clause in Contracts

ACQUITTANCE. An insurance company is discharged from all liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 37 contracts

Sources: Defined Contribution Prototype Plan and Trust Agreement (Direct Focus Inc), Retirement Savings Plan Adoption Agreement (World Acceptance Corp), Defined Contribution Master Plan and Trust Agreement (Sonic Corp)

ACQUITTANCE. An insurance company is discharged from all liability ----------- for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 5 contracts

Sources: 401(k) Plan (Firstbank Corp/Id), Adoption Agreement (Timberland Bancorp Inc), Defined Contribution Prototype Plan and Trust Agreement (High Country Bancorp Inc)

ACQUITTANCE. An insurance company is discharged from all liability for ----------- any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 3 contracts

Sources: Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc), Adoption Agreement (Channell Commercial Corp), Defined Contribution Prototype Plan and Trust Agreement (Global Imaging Systems Inc)

ACQUITTANCE. An insurance company is discharged from ----------- all liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 3 contracts

Sources: Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Defined Contribution Master Plan and Trust Agreement (Modine Manufacturing Co)

ACQUITTANCE. An insurance company is shall be discharged from all liability for any amount paid to the Trustee Trustees or paid in accordance with the direction of the Trustee, Trustees and is it shall not be obliged to see to the distribution or further application of any moneys it so pays.

Appears in 2 contracts

Sources: Fire and Police Money Purchase Pension Plan and Trust Agreement, Pension Plan and Trust Agreement

ACQUITTANCE. An insurance company is discharged from all liability for any amount paid to the Custodian/Trustee or paid in accordance with the direction of the Custodian/Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 1 contract

Sources: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

ACQUITTANCE. An insurance company is discharged from all ----------- liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys monies it so pays.

Appears in 1 contract

Sources: 401(k) Volume Submitter Plan and Trust Agreement (Krispy Kreme Doughnuts Inc)

ACQUITTANCE. An insurance company is discharged from all liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys monies it so pays.

Appears in 1 contract

Sources: Employees' Stock Ownership Plan and Trust Agreement (Caseys General Stores Inc)

ACQUITTANCE. An insurance company is shall be discharged from all liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is it shall not obliged be obligated to see to the distribution or further application of any moneys monies it so pays.

Appears in 1 contract

Sources: Employee Stock Ownership Plan and Trust Agreement (Hastings Entertainment Inc)

ACQUITTANCE. An insurance company is shall be discharged from ----------- all liability for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is it shall not be obliged to see to the distribution or further application of any moneys it so pays.

Appears in 1 contract

Sources: Defined Benefit Plan Agreement (Emerging Communications Inc)

ACQUITTANCE. An insurance company is discharged from all liability ------------ for any amount paid to the Trustee or paid in accordance with the direction of the Trustee, and is not obliged to see to the distribution or further application of any moneys it so pays.

Appears in 1 contract

Sources: Discretionary Contribution Plan and Trust Agreement (Hollis Eden Pharmaceuticals Inc /De/)