Common use of EXCESS ASSETS Clause in Contracts

EXCESS ASSETS. Excess Assets (as such term is defined in the Participating Trusts) allocable to any Participating Trust that are held in this trust may be returned to the Company in accordance with the provisions of such Participating Trust and 3.2 hereof. Funds not allocated to any Participating Trust shall not be returned to the Company (payments made out of the Company's account on behalf of a Participating Trust pursuant to 3.2 shall not constitute a return to the Company of any unallocated funds).

Appears in 2 contracts

Sources: Master Trust Agreement (At&t Inc.), Trust Agreement (SBC Communications Inc)