Common use of Corpus or Income Clause in Contracts

Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 3 contracts

Samples: Canadian Union of Public Employees, Canadian Union of Public Employees, Canadian Union of Public Employees

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Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. 144.1 of the Income Tax Act (Canada) or any successor provision thereto.thereto.β€Œ

Appears in 3 contracts

Samples: Trust Agreement, Ontario English Catholic, Trust Agreement

Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Beneficiaries and as permitted under s. s.β€Œ 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 2 contracts

Samples: efis.fma.csc.gov.on.ca, Des Enseignants Franco

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Corpus or Income. No amendment shall authorize or permit any part of the corpus or income of the Fund to be used for or diverted to purposes other than for the exclusive benefit of the Participants, Retired Employees and Beneficiaries and as permitted under s. section 144.1 of the Income Tax Act (Canada) or any successor provision thereto.

Appears in 2 contracts

Samples: Extension Agreement, Extension Agreement

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