Common use of Interim Distributions Clause in Contracts

Interim Distributions. At such times as may be determined in its sole discretion, the Trustee shall distribute, or cause to be distributed to the Beneficiaries, in proportion to the number of Units held by each Beneficiary on the record date for such distribution as determined by the Trustee in its sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed; provided, however, that the Trustee shall distribute, or cause to be distributed, at least annually to the Beneficiaries all cash proceeds from the sale of the Trust Assets in excess of a reasonable amount (as determined by the Trustee) to satisfy the Liabilities and expenses described in Section 5.5.

Interim Distributions. At such times as may be determined in its sole discretionby them, the Trustee Trustees shall distribute, or cause to be distributed distributed, to the Beneficiaries, in proportion to the number of Units held by each Beneficiary on the record date for such distribution as determined by the Trustee in its sole discretionBeneficiary, such cash or other property comprising a portion of the Trust Assets as the Trustee Trustees may in its their sole discretion determine may be distributeddistributed without detriment to the conservation and protection of the Trust Assets; provided, however, that the Trustee Trustees shall distribute, or cause to be distributed, at least annually to the Beneficiaries all cash any proceeds from the sale of the Trust Assets in excess of a reasonable amount (as determined by the TrusteeTrustees) to satisfy the Liabilities claims, expenses and expenses liabilities described in Section 5.55.4.

Interim Distributions. At such times as may be determined in its sole discretion, the Trustee Trustees shall distribute, or cause to be distributed to the Beneficiaries, in proportion to the number of Units held by each Beneficiary on the record date for such distribution as determined by the Trustee Trustees in its their sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee Trustees may in its their sole discretion determine may be distributed; provided, however, that the Trustee Trustees shall distribute, or cause to be distributed, at least annually to the Beneficiaries all cash proceeds from the sale of the Trust Assets in excess of a reasonable amount (as determined by the TrusteeTrustees) to satisfy the Liabilities and expenses described in Section 5.5.

Interim Distributions. At such times as may be determined in its sole discretion, the Trustee Board shall distribute, or cause to be distributed to the Beneficiaries, in proportion to the number of Units held by each Beneficiary on the record date for such distribution as determined by the Trustee Board in its sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee Board may in its sole discretion determine may be distributed; provided, however, that the Trustee Trust shall distribute, or cause to be distributed, at least annually to the Beneficiaries all cash proceeds from the sale of the Trust Assets in excess of a reasonable amount (as determined by the TrusteeBoard in its sole discretion) to satisfy the Liabilities and expenses described in Section 5.5.

Interim Distributions. At such times as may be determined in its their sole discretion, the Trustee Trustees shall distribute, or cause to be distributed to the Beneficiaries, in proportion to the number of Units held by each Beneficiary on the record date for such distribution as determined by the Trustee Trustees in its their sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee Trustees may in its their sole discretion determine may be distributed; provided, however, that the Trustee Trustees shall distribute, or cause to be distributed, at least annually to the Beneficiaries all cash proceeds from the sale of the Trust Assets in excess of a reasonable amount (as determined by the TrusteeTrustees) to satisfy the Liabilities and expenses described in Section 5.5.