Common use of Affiliated Companies Clause in Contracts

Affiliated Companies. (a) Any other company which adopts the Plan in accordance with its terms may, with the written consent of the Trustee and Bank, become a party to this Agreement as an "Affiliated Company" by delivering a certified copy of a resolution of its board of directors to the effect that it agrees to adopt the Plan, to become a party to this Agreement and to be bound by all the terms and conditions of the Plan and this Agreement, as then in effect and as it may thereafter be amended. The Bank shall have the sole authority to enforce this Agreement on behalf of any such Affiliated Bank and the Trustee need not deal with any Affiliated Company except by dealing with the Bank or the Committee as its agent. The Trustee shall invest and administer the Trust Fund as a single fund for investment and accounting purposes without identification or allocation among the Bank and any Affiliated Companies or to any employee or group of employees or their beneficiaries, unless the Trustee, the Bank, and the Affiliated Companies concerned agree in writing to segregate funds.

Affiliated Companies. (a) Any other company Participating Affiliate which adopts the Plan in accordance with its terms may, with the written consent of the Trustee and Bank, become a party to this Agreement as an "Affiliated Company" by delivering a certified copy of a resolution of its board of directors to the effect that it agrees to adopt the Plan, to become a party to this Agreement and to be bound by all the terms and conditions of the Plan and this Agreement, as then in effect and as it may thereafter be amended. The Bank shall have the sole authority to enforce this Agreement on behalf of any such Affiliated Bank and the Trustee need not deal with any Affiliated Company except by dealing with the Bank or the Committee as its agent. The Trustee shall invest and administer the Trust Fund as a single fund for investment and accounting purposes without identification or allocation among the Bank and any Affiliated Companies or to any employee or group of employees or their beneficiaries, unless the he Trustee, the Bank, and the Affiliated Companies concerned agree in writing to segregate funds.

Affiliated Companies. (a) Any other company which adopts the Plan in accordance with its terms may, with the written consent of the Trustee and BankEmployer, become a party to this Agreement as an "Affiliated Company" by delivering a certified copy of a resolution of its board of directors to the effect that it agrees to adopt the Plan, to become a party to this Agreement and to be bound by all the terms and conditions of the Plan and this Agreement, as then in effect and as it may thereafter be amended. The Bank Employer shall have the sole authority to enforce this Agreement on behalf of any such Affiliated Bank Company and the Trustee need not deal with any Affiliated Company except by dealing with the Bank or the Committee Employer as its agent. The Trustee shall invest and administer the Trust Fund as a single fund for investment and accounting purposes without identification or allocation among the Bank Employer and any Affiliated Companies or to any employee or group of employees or their beneficiaries, unless the Trustee, the BankEmployer, and the Affiliated Companies concerned agree in writing to segregate funds.