Residuary Assets Sample Clauses

Residuary Assets. The residuary assets of this Trust shall be distributed to of . If such beneficiary does not survive Grantor and Grantor’s Spouse, the residuary assets shall be distributed to the following beneficiaries in the percentages as shown: % to of ; % to of and % to of . If any of these people do not survive Grantor and Grantor’s spouse, this share shall be distributed proportionately to the other distributee(s) listed under this provision.
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Residuary Assets. The residuary assets of this Trust shall be distributed to the Grantor's spouse, ___________________________________. If the Grantor's spouse does not survive the Grantor, the residuary assets of this Trust shall be distributed to the Grantor's children in equal shares. If a child does not survive the Grantor, such deceased child's share shall be distributed in equal shares to the children of such deceased child who survive the Grantor, by right of representation. If a child does not survive the Grantor and has no children who survive the Grantor, such deceased child's share shall be distributed in equal shares to the Grantor's other children, if any, or to their respective children by right of representation. If no child of the Grantor survives the Grantor, and if none of the Grantor's deceased children are survived by children, the residuary assets of this Trust shall be distributed to the following beneficiaries in the percentages as shown: ____ % to the Grantor's heirs-at-law, their identities and respective shares to be determined under the laws of the State of Nebraska, then in effect, as if the Grantor had died intestate at the time fixed for distribution under this provision. ____% to the Grantor's spouse's heirs-at-law, their identities and respective shares to be determined under the laws of the State of Nebraska, then in effect, as if the Grantor's spouse had died intestate at the time fixed for distribution under this provision. ____% - Percent Total
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Residuary Assets. A. At the Grantor’s death, after compliance with all other applicable provisions of this declaration of Trust, all the rest, residue and remainder of the Trust shall be dis- tributed outright, and free of trust, and , as community property with right of survivorship, or to the survivor of them.
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Residuary Assets. The residuary assets of this Trust shall be distributed to ________________ of ______________________. If such beneficiary does not survive Grantor and Grantor’s Spouse, the residuary assets shall be distributed to the following beneficiaries in the percentages as shown: __% to ___________ of ________________; __% to __________________ of ____________________ and __% to _____________ of _________________. If any of these people do not survive Grantor and Grantor’s spouse, this share shall be distributed proportionately to the other distributee(s) listed under this provision.
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Related to Residuary Assets

  • Excluded Assets Notwithstanding the foregoing, the Purchased Assets shall not include the following assets (collectively, the “Excluded Assets”):

  • Commingling Assets The assets of your IRA cannot be commingled with other property except in a common trust fund or common investment fund.

  • Assets The School shall maintain a complete and current inventory of all of its property and shall update the inventory annually. The School shall take all necessary precautions to safeguard assets acquired with public funds.

  • Fixed Assets 9 2.10.Leases........................................................10 2.11.Change in Financial Condition and Assets......................10 0.00.

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • HUSBAND’S PROPERTY It is declared by the Couple that, under this Agreement, the Husband shall be the owner of the following assets and property: (continued on Attachment C if required, incorporated herein by reference)

  • Taxable Possessory Interest It is the position of the University that this License does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this License.

  • SIGNIFICANT LANDS INVENTORY FINDING Find that this activity is consistent with the use classification designated by the Commission for the land pursuant to Public Resources Code section 6370 et seq.

  • Preservative-treated Wood Containing Arsenic Contractor may not purchase preservative-treated wood products containing arsenic in the performance of this Agreement unless an exemption from the requirements of Chapter 13 of the San Francisco Environment Code is obtained from the Department of the Environment under Section 1304 of the Code. The term “preservative-treated wood containing arsenic” shall mean wood treated with a preservative that contains arsenic, elemental arsenic, or an arsenic copper combination, including, but not limited to, chromated copper arsenate preservative, ammoniacal copper zinc arsenate preservative, or ammoniacal copper arsenate preservative. Contractor may purchase preservative-treated wood products on the list of environmentally preferable alternatives prepared and adopted by the Department of the Environment. This provision does not preclude Contractor from purchasing preservative-treated wood containing arsenic for saltwater immersion. The term “saltwater immersion” shall mean a pressure-treated wood that is used for construction purposes or facilities that are partially or totally immersed in saltwater.

  • Title to Purchased Assets Seller has good and valid title to, or a valid leasehold interest in, all of the Purchased Assets. All such Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

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