Common use of Trust Administration Clause in Contracts

Trust Administration. On behalf of County, Contractor will open and maintain an Internal Revenue Services Code Section 501(c)(9) or Section 115 trust account, and hold, or instruct the trustee to hold, in such accounts all cash, securities, and certificates of ownership initially deposited plus any additional cash, securities and certificates of ownership that may be received from time to time for the account.

Appears in 4 contracts

Sources: Health Reimbursement Arrangement Administration Agreement, Contract for Administration of a Health Reimbursement Arrangement Program, Contract for Administration of a Health Reimbursement Arrangement Program

Trust Administration. On behalf of County, Contractor will open and maintain an a Internal Revenue Services Code Section 501(c)(9) or Section 115 an integral par t trust account, and hold, or instruct the trustee to hold, in such accounts all cash, securities, and certificates of ownership initially deposited plus any additional cash, securities and certificates of ownership that may be received from time to time for the account.

Appears in 1 contract

Sources: Contract for Administration of a Health Reimbursement Arrangement Program

Trust Administration. On behalf of County, Contractor will open and maintain an integral part trust Internal Revenue Services Code Section 501(c)(9) or Section 115 trust account, and hold, or instruct the trustee to hold, in such accounts all cash, securities, and certificates of ownership initially deposited plus any additional cash, securities and certificates of ownership that may be received from time to time for the account.

Appears in 1 contract

Sources: Contract for Administration of a Health Reimbursement Arrangement Program