Examples of Separate Accounts in a sentence
The Trustees may establish any number of Separate Accounts within the Fund.
Notwithstanding the foregoing, the assets of a Separate Account may be used to pay administrative and investment costs incurred by the Trustees with respect to the Fund and the Plans generally, and may be commingled with the assets of other Separate Accounts for such purpose, to the extent that such costs are reasonably determined by the Trustees to relate, in whole or in part, to the Separate Account and the Participating Employees whose Benefits are provided through the Separate Account.
The Trustees shall keep such books, records and accounts as are necessary and appropriate to document the assets and transactions of the Fund and Separate Accounts.
The Trustees may design and adopt such Funding Policies, investment policies and other policies as they, in their absolute and unfettered discretion, consider necessary or appropriate for the proper governance of Plans other than the CUPE EWBT Plan and their supporting Separate Accounts.
For further clarity, the Trustees shall establish a CUPE EWBT Plan Separate Account, in respect of the CUPE EWBT Benefit Plan, and a CUPE Retired Employee Separate Account in respect of the CUPE Retired Employee Plan, as Separate Accounts for the purposes of this Agreement.