RECEIPT OF CONTRIBUTIONS. The Trustee is accountable to the Employer for the funds contributed to it by the Employer, but does not have any duty to see that the contributions received comply with the provisions of the Plan. The Trustee is not obliged to collect any contributions from the Employer, nor is obliged to see that funds deposited with it are deposited according to the provisions of the Plan.
RECEIPT OF CONTRIBUTIONS. To receive any contributions paid to it under this Agreement in cash or in other property acceptable to the Trust Committee. The Trust Committee shall not be responsible for the calculation or collection of any contribution required to be paid by the Member to the Trust under the Plan, but shall be responsible only for property actually received by it pursuant to this Agreement.
RECEIPT OF CONTRIBUTIONS. The Trustee shall receive any contributions paid to it in cash or in the form of such other property as it may from time to time deem acceptable and which shall have been delivered to it. All contributions so received, together with the income therefrom and any other increment thereon, shall be held, invested, reinvested and administered by the Trustee pursuant to the terms of this Agreement without distinction between principal and income. The Trustee shall not be responsible for the calculation or collection of any contribution under the Plan, but shall be responsible only for property received by it pursuant to this Agreement.
RECEIPT OF CONTRIBUTIONS. The Custodian shall accept such contributions of money on behalf of Participants as it may receive from time to time from the Employer. The Custodian may, in its sole discretion, also accept money or Investment Company Shares held under a preceding plan of the Employer qualified under Code Section 401(a) or which qualify as rollover contributions or transfers under Section 4.6 of the Plan. All such contributions shall be accompanied by written instructions, in a form acceptable to the Custodian, from the Employer specifying the Participant Accounts to which they are to be credited.
RECEIPT OF CONTRIBUTIONS. To receive any contributions paid to it under this Agreement in cash or in other property acceptable to the Trustee. The Trustee shall be responsible only for property actually received by it pursuant to this Agreement. The Trustee has delegated this duty to the Sub-Custodian.
RECEIPT OF CONTRIBUTIONS. To receive any contributions paid to it under this Agreement in cash or in other property acceptable to the Board of Trustees. The Board of Trustees shall not be responsible for the calculation or collection of any contribution required to be paid by the Member to the Trust under the Plan but shall be responsible only for property actually received by it pursuant to this Agreement.
RECEIPT OF CONTRIBUTIONS. The Trustee shall not be responsible in any way for the collection of contributions provided for under the Trust. The Trustee shall be responsible only for such sums that it actually receives as Trustee. The Trustee shall accept and hold under the Trust such contributions of money on behalf of the Employer and Participants as it may receive from time to time from the Employer. All such contributions shall be accompanied by written instructions from the Employer accounting for the manner in which they are to be credited.
RECEIPT OF CONTRIBUTIONS. The Trustee shall receive and hold as part of the Trust Fund such assets of the Plan as may be transferred to it from time to time and any contributions to the Plan made to the Trust Fund from time to time. The Trustee shall not be required to determine that any contributions are in compliance with the Plan, ERISA or the Code, and shall be accountable only for the funds actually received by it. In the case of assets transferred from another trustee or any other fiduciary, the Trustee shall not be responsible for any actions or inactions of such trustee or other fiduciary either prior to or after the transfer of Trust Fund assets. Company represents that any such assets, from time to time so transferred, were part of a qualified trust at the time of the transfer.
RECEIPT OF CONTRIBUTIONS. The Trustee shall receive any Contributions paid to it from the Employer for Eligible Employees and Participants. All Contributions so received shall be deposited to an Account established in the name of the Eligible Employee or Participant. Such Contributions, together with any interest income earned and any other incremental amounts, shall be held, invested, reinvested and administered by the Trustee in such individual Accounts pursuant to the terms of this Trust without distinction between principal and income. The Trustee shall not be responsible for the calculation or collection of any Contribution under the Plan, but shall be responsible only for Contributions received by it pursuant to this Trust.
RECEIPT OF CONTRIBUTIONS. The Trustee shall accept and hold in the Fund contributions made by the Commission. The Trustee shall not be responsible in any way for the administration of the Plan and shall be under no duty to determine whether the amount of any contribution is in accordance with applicable law or to collect or enforce payment of any contribution.
