Common use of Prohibition of Diversion of Trust Clause in Contracts

Prohibition of Diversion of Trust. No part of net earnings of the Trust shall inure (other than payments in accordance with the ProComp Agreement as outlined above) to the benefit of the Association, the District or individual.

Prohibition of Diversion of Trust. No part of net earnings or trust fund balance of the Trust shall inure (other than payments in accordance with the ProComp Agreement as outlined above) to the benefit of the Association, the District or individual.