DISTRIBUTION OF CONTRIBUTIONS. The Trustee has agreed, pursuant to the terms of the Trust Agreement, to irrevocably hold, invest and reinvest all Contributions received by it in the Savings Account together with all income earned thereon, subject to the Fees, for purposes of making: (a) EAPs; (b) AIPs; (c) Contribution Refunds; (d) Transfers; and (e) at the direction of the Foundation, payments to, or to a trust in favour of, a Qualifying Institution.
Appears in 4 contracts
Sources: Education Assistance Agreement, Education Assistance Agreement, Education Assistance Agreement