Trust Distributions Sample Clauses

POPULAR SAMPLE Copied 1 times
Trust Distributions. The Trustee and the Servicer shall cause the Trust Distributions to be made on the date hereof in the same manner under the Trust Agreement as if such distributions were being made on a Distribution Date and the B Note were owned on such Distribution Date by SunAmerica.
View Source
Trust Distributions. Immediately prior to consummation of any other action hereunder, the following actions shall occur:
View Source
Trust Distributions. 00 per Trust distribution, which includes preparation and mailing of IRS Form 1099-R. Distributions include all payments to Participants and Beneficiaries, and payments to the Administrator or the Administrator's designee. Unless otherwise paid by the Company, Trust distribution fees will be deducted from the Trust distribution proceeds. This fee is waived if the Participant elects a direct rollover of 100% of his/her vested account balance into an ▇▇▇ invested solely in the ▇▇▇▇▇▇ mutual funds.
View Source
Trust Distributions. The Trustees may distribute some, all, or none of the Net Income, accumulated Net Income, or Principal of the Trust to the beneficiaries as the Trustees shall decide in their sole discretion and as described in this section 4. No distribution is ever required under this section 4. The distribution of Trust assets in any one year shall have no bearing on whether a distribution of Trust assets is made in any other year.
View Source
Trust Distributions. 2.1. As of the date hereof, the Beneficiaries(ies) is(are) . [Insert any other provisions from client’s existing documents regarding identity of beneficiaries in the future]. 2.2. During the term of any Policy Loan, the Trustee shall accumulate all of the net income of the Trust with respect to any asset of the Trust in its possession, if any, and add it to the principal of the Trust. At any time when there is no Policy Loan outstanding, [Insert other dispositive provisions, if any]. Notwithstanding anything in this Trust Agreement to the contrary, when referring to any power, right or duty of the Trustee, references to “net income,” “income,” or “principal” of the Trust shall only mean net income, income or principal of the Trust with respect to any asset of the Trust in the Trustee’s possession. 2.3. Upon the Grantor’s death, the Trustee shall first pay all outstanding debts and obligations of the Trust, including the Policy Loan, in full from trust property in its possession and thereafter distribute any remaining trust property, together with any property received from the Independent Professional Trustee pursuant to Sections 6.4 or 10.1(b) hereof to [insert dispositive provisions].
View Source
Trust Distributions. This fee is waived.
View Source
Trust Distributions. The Trustee may make payment of money or other delivery of property out of either the income or principal of the Trust in furtherance of the Charitable Purposes (each, a “Distribution”). The Trustee shall not be limited in any way with regard to Distributions of the principal of the Trust. The Trustee may consider recommendations and information received from a Project Director to determine the amount, timing, or character of a Distribution related to a Project.
View Source
Trust Distributions 
View SourceView Similar (3)

Related to Trust Distributions

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Liquidating Distributions Notwithstanding anything to the contrary in this Article VII or in Section 8.3 of the Master Agreement, upon the sale of the Property or the dissolution and liquidation of the Series in accordance with the provisions of this Agreement and of Section 8.3 of the Master Agreement, the proceeds of liquidation of the Series or the sale of the Property will be distributed within ninety (90) days of the date of sale of the Property or the dissolution and liquidation in the following order and priority: (i) First, to creditors of the Series, including the Members who are creditors, to the extent otherwise permitted by law, in satisfaction (whether by payment or the making of reasonable provision for payment thereof) of all debts, liabilities, obligations and expenses of the Series, including, without limitation, the expenses incurred in connection with the liquidation of the Series; and (ii) Second, to the Members pro rata in proportion to their holdings of Shares, with such Distributions to be made by the end of the Fiscal Year during which the liquidation occurs (or, if later, ninety (90) days after the date of the liquidation).

  • REMIC Distributions On each Distribution Date the Trustee shall be deemed to have allocated distributions to the REMIC I Regular Interests, REMIC II Regular Interests, Class CE Interest, Class P Interest and Class IO Interest in accordance with Section 5.07 hereof.

  • Residual Distributions If the Liquidation Preference has been paid in full to all holders of Designated Preferred Stock and the corresponding amounts payable with respect of any other stock of the Issuer ranking equally with Designated Preferred Stock as to such distribution has been paid in full, the holders of other stock of the Issuer shall be entitled to receive all remaining assets of the Issuer (or proceeds thereof) according to their respective rights and preferences.

  • Operating Distributions Subject to Section 5.2, the Company shall from time to time distribute to the Member such amounts in cash and other assets as shall be determined by the Member.