Revocable Trust. A trust that is revocable by its grantors and each of whose grantors is an accredited investor. (If this category is checked, please also check the additional category or categories under which the grantor qualifies as an accredited investor.) ¨ Irrevocable Trust. A trust (other than an ERISA plan) that (i) is not revocable by its grantors, (ii) has in excess of $5,000,000 of assets, (iii) was not formed for the specific purpose of acquiring Notes and Warrants, and (iv) is directed by a person who has such knowledge and experience in financial and business matters that such person is capable of evaluating the merits and risks of an investment in the Company.
Revocable Trust. (f) Other Type of Trust (indicate type of trust: )
Revocable Trust. The grantor/trustor/settlor must sign the Sunrun agreement. In order to validate the nature of the trust and the customer as the grantor/trustor/settlor, customer must send Sunrun the first 5 pages of the Trust document for review.
Revocable Trust. The Subscriber is a personal (non-business) revocable trust and each settlor or other person who has contributed assets to the trust was an accredited investor. Please provide a list of all settlors (or other persons) who have contributed assets to the trust.
Revocable Trust. This Trust is defined as a Trust that can be amended by the Grantor(s)/Settlor(s) as circumstances change. Upon the death of a Grantor(s)/ Settlor(s), a death certificate must be provided. A Grantor(s)/Settlor(s) may or may not also be a Trustee. Upon the death of any Trustee you must provide a new Certificate of Trust and complete a new Trust Application. This Trust automatically becomes irrevocable upon the death of all Grantor(s)/Settlor(s).
Revocable Trust. A trust not formed for the specific purpose of acquiring shares of the common stock of the Company, that is revocable by its grantors and each of whose grantors is a natural person whose individual net worth, or joint net worth with his or her spouse, exceeds $1 million.
Revocable Trust. The Subscriber is a revocable trust (also commonly known as a family or living trust) established to facilitate the distribution of the estate of the settlors (grantors): (1) which may be revoked or amended at any time by the settlors (grantors); (2) which passes all tax benefits of investments made by such trust through to the settlors (grantors) individually; and (3) in which all of the settlors (grantors) are Accredited Investors.
Revocable Trust. By: --------------------------- Xxxxxxx X. Xxxxxxx, Xx. Trustee XXXXXXX X. XXXXX TRUST By: --------------------------- Xxxxxxx X. Xxxxx Trustee JGG HOLDINGS TRUST By: --------------------------- Xxxxxxx X. Xxxxxxx, Xx. Trustee
Revocable Trust. If Xxxxxx X. Xxxxx, Xx. for any reason fails or ceases to serve as trustee of the Xxxxxx X. Xxxxx, Xx. Revocable Trust, then the successor trustee or trustees of such trust or of any successor trusts shall serve as Managing Partner. If at any time there is no General Partner serving as Managing Partner, then by majority consent of the General Partners on the basis of their Percentage Interests, the General Partners may appoint one or more of the General Partners to serve as Managing Partner.
Revocable Trust. Subject to the provisions of the Kai-Zen Trust, Settlor reserves the power to revoke this Trust in whole or in part, and to amend any of its provisions. Notwithstanding the foregoing, this Trust Agreement shall become irrevocable upon the death of Settlor. Settlor or Trust Protector if a Trust Protector is appointed, has the right to withdraw this Insurance Trust from the Kai-Zen Trust and to appoint a successor Trustee for this Trust at any time, subject to the restrictions and limitations set forth in the Kai-Zen Trust. Settlor’s Initials □ Irrevocable Trust. This Trust and the trust estate created pursuant hereto are hereby expressly declared to be irrevocable upon delivery to the Insured of a life insurance policy as described in Section 3(a)(iii) of the Kai-Zen Trust, and upon such delivery Settlor hereby waives all rights and powers, whether alone or in conjunction with others, to alter, amend or change the terms and conditions of this Trust, in whole or in part. Settlor irrevocably transfers, sets over, assigns and conveys to the Trustee all assets as may from time to time be transferred pursuant to this trust agreement. Except as otherwise set forth herein, Settlor expressly waives and renounces any interest, either vested or contingent, in the income or principal of the trust estate hereby created, and all rights and powers, whether alone or in conjunction with others, to designate the persons who shall possess and enjoy the property of the trust estate or the income therefrom. These assets, together with any other assets and property which from time to time may be added to them, are to be held by Trustee for the purposes and upon the terms and conditions described herein. Notwithstanding the irrevocability, Settlor or Trust Protector, if appointed, shall retain the power to withdraw this Insurance Trust from the Kai-Zen Trust and thereafter administer this Trust as a separate trust. Settlor’s Initials
