Exclusive Benefit of Participants. Neither the segregation and transfer of the Trust assets upon the withdrawal of a Participating Company nor the execution of a new agreement and declaration of trust by such withdrawing Participating Company shall operate to permit any part of the Trust Fund to be used for or diverted to purposes other than for the exclusive benefit of the Participants.
Appears in 5 contracts
Samples: Retirement and Savings Plan (Host Marriott Corp/), Retirement and Savings Plan (Host Marriott L P), Retirement and Savings Plan (Host Marriott Corp/)
Exclusive Benefit of Participants. Neither the segregation and transfer of the any Trust assets upon the withdrawal of a Participating Company an Employer nor the execution of a new agreement and declaration of trust by such withdrawing Participating Company Employer shall operate to permit any part of the Trust Fund to be used for or diverted to purposes other than for the exclusive benefit of the Participants.
Appears in 2 contracts
