Common use of PAYMENTS TO TRUST BENEFICIARIES Clause in Contracts

PAYMENTS TO TRUST BENEFICIARIES. (a) The Trustee shall make payments of benefits to Trust Beneficiaries from the assets of the Trust in accordance with the provisions of Schedule B and the other terms of this Agreement, as from time to time in effect.

Appears in 4 contracts

Samples: Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/), Trust Agreement (Bank of America Corp /De/)

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PAYMENTS TO TRUST BENEFICIARIES. (a) The Trustee shall make payments of benefits to Trust Beneficiaries from the assets of the Trust in accordance with the provisions directions of the persons identified on Schedule B and the B, or either of them, or such other terms of this Agreement, as person or persons who may from time to time in effectbe designated by the persons identified on Schedule B, or either of them, as authorized to direct the Trustee hereunder (any of the foregoing, the "Administrator").

Appears in 1 contract

Samples: TJX Companies Inc /De/

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