Common use of Disputed Payments Clause in Contracts

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust Fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel and shall be fully protected in acting upon the advice of counsel.

Appears in 7 contracts

Samples: Trust Agreement (Mohegan Tribal Gaming Authority), Trust Agreement (Wendt Bristol Health Services Corp), Trust Agreement (Family Dollar Stores Inc)

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Disputed Payments. If a dispute arises over the propriety of the Trustee making ----------------- any payment from the Trust Fundtrust fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee Trustees may consult its legal counsel or legal counsel of the Employer and shall be fully protected to the extent permitted by law in acting upon the advice of counsel.

Appears in 1 contract

Samples: Security Pacific National Bank Trust Agreement (Schwab Charles Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust FundTrust, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel and shall be fully protected in acting upon the advice of counsel. The Sponsor hereby indemnifies the Trustee pursuant to Section 7.07 of this Trust Agreement for any acts taken or failed to be taken in good faith by the Trustee under this Section 5.03.

Appears in 1 contract

Samples: Trust Agreement (Unitil Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust Fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel, which legal counsel is in good standing in the state in which counsel is admitted to the practice of law, and shall be fully protected in acting upon the advice of counsel.

Appears in 1 contract

Samples: Trust Agreement (Southern Co)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust Fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel and to the extent permitted under ERISA or any other applicable law, shall be fully protected in acting upon the advice of counsel.

Appears in 1 contract

Samples: Trust Agreement (Alltel Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust Fundtrust fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee Trustees may consult its legal counsel or legal counsel of the Employer and shall be fully protected to the extent permitted by law in acting upon the advice of counsel.

Appears in 1 contract

Samples: Security Pacific National Bank (Schwab Charles Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust FundTrust, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel and shall be fully protected in acting upon the advice of counsel. The Company hereby indemnifies the Trustee pursuant to Section 8.07 of this Trust Agreement for any acts taken or failed to be taken in good faith by the Trustee under this Section 2.04.

Appears in 1 contract

Samples: Trust Agreement (Logan's Roadhouse of Kansas, Inc.)

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Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust Fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee may consult legal counsel and shall be fully protected in acting upon the advice of counsel.

Appears in 1 contract

Samples: Trust Agreement (Ethyl Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making _________________ any payment from the Trust Fundtrust fund, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled by the parties to the dispute. The Trustee Trustees may consult its legal counsel or legal counsel of the Employer and shall be fully protected to the extent permitted by law in acting upon the advice of counsel.

Appears in 1 contract

Samples: Security Pacific National Bank Trust Agreement (Schwab Charles Corp)

Disputed Payments. If a dispute arises over the propriety of the Trustee making any payment from the Trust FundTrust, the Trustee may withhold the payment until the dispute has been resolved by a court of competent jurisdiction or settled seeded by the parties parries to the dispute. The Trustee may consult legal counsel and shall be fully protected in acting upon the advice of counsel. The Sponsor hereby indemnifies the Trustee pursuant to Section 7.07 of this Trust Agreement for any acts taken or failed to be taken in good faith by the Trustee under this Section 5.03.

Appears in 1 contract

Samples: Trust Agreement (Unitil Corp)

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