Common use of Maintaining the Participant Schedule Clause in Contracts

Maintaining the Participant Schedule. At the request of the Trustee, the Committee shall from time to time update the Participant Schedule. Each Participant Schedule shall state the date as of which it applies, and the Trustee shall be entitled to rely upon such Participant Schedule, without a duty of further inquiry, until it receives an updated Participant Schedule bearing a later date. Each Participant Schedule shall contain all information concerning a Participant and all such other information which the Trustee will need to complete its responsibilities under this Trust Agreement.