Examples of Trust Period in a sentence
On each Trust Calculation Date during the Trust Period, the Trustee of the First Trust will conduct a calculation of the Trust Assets of the First Trust and calculate the Available Distribution Amount and transfer such Available Distribution Amount from the Trust Collection Ledger to the Expenses Distribution Ledger (or, solely in the case of (g) below, to the Cash Collateral Ledger) in accordance with the following provisions and order.
No power conferred on the Trustee shall be exercised so as to conflict with the beneficial provisions of this Settlement and the powers conferred on the Trustee shall be exercisable only during the Trust Period and subject to the application, if any, of the rule against perpetuities.
The Trustees may accumulate the whole or part of the income of the Trust Fund during the Trust Period.
The Subordinated Beneficial Interests will be held by VWFSJ throughout the Trust Period.
The Trust Period means the period of 125 years beginning with the date of this Trust.