Related Trusts Sample Clauses

Related Trusts. For all purposes under this Agreement, all references to any equity interests held by the Limited Partner shall be deemed to include equity held by his Related Trusts.
AutoNDA by SimpleDocs
Related Trusts. If property which is held in, or is to be added or allocated to, a trust pursuant to this Trust is subject to different treatment for any reason for purposes of the federal generation-skipping tax than other property being added or allocated to, or also held in that trust, then the Trustee may (but need not) hold such property instead as a separate trust that is appropriately designated to distinguish it from the trust to which the property otherwise would have been allocated, but that is identical in all other respects to that trust. The identical trusts resulting from application of this Section 6.3 are also sometimes referred to as “related.”

Related to Related Trusts

  • Grantor Trust The Trust is intended to be a grantor trust, of which the Sponsor is the grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended, and shall be construed accordingly.

Time is Money Join Law Insider Premium to draft better contracts faster.