XXXXX AND TRUSTS Sample Clauses

XXXXX AND TRUSTS. Client acknowledges that Attorney has advised that all xxxxx and trusts in existence providing for disposition of assets should be reviewed at this time by an estate planning attorney or other attorney of Client's choosing. If there is no will and/or trust, or premarital agreement specifying a change of California law, Client acknowledges advisement of California law that provides that upon the death of one spouse, the decedent's share of the community property passes all to the surviving spouse and the separate property of the deceased spouse passes all to the surviving spouse if there are no children and no close blood relatives of the decedent. Probate Code § 6401.
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XXXXX AND TRUSTS. Each Stockholder agrees to include in his ---------------- or her will or other instrument providing for the disposition of his or her estate upon his or her death (or in all applicable trust documents in the case of the transfer of Shares to a trust which trust qualifies as a Permitted Transferee), direction and authorization to his or her legal representative to comply with the provisions of this Stockholders Agreement and to transfer his or her Shares in accordance with the terms of this Stockholders Agreement, provided, however, that the failure of any Stockholder to do so shall not effect the validity or enforceability of this Agreement.
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XXXXX AND TRUSTS. We agree that commencing immediately, neither of us shall change any provisions of any existing trust or will, or execute a new trust or will, without the prior written consent of the other Party.
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Related to XXXXX AND TRUSTS

  • Customer and Trade Relations As of the Closing Date, there exists no actual or, to the knowledge of any Credit Party, threatened termination or cancellation of, or any material adverse modification or change in: the business relationship of any Credit Party with any customer or group of customers whose purchases during the preceding 12 months caused them to be ranked among the ten largest customers of such Credit Party; or the business relationship of any Credit Party with any supplier essential to its operations.

  • Responsibility for Contract Administration The Servicer will have the sole obligation to manage, administer, service and make collections on the Contracts and perform or cause to be performed all contractual and customary undertakings of the holder of the Contracts to the Obligor. The Owner Trustee, at the written request of a Servicing Officer, shall furnish the Servicer with any powers of attorney or other documents necessary or appropriate in the opinion of the Owner Trustee to enable the Servicer to carry out its servicing and administrative duties hereunder. The Servicer is hereby appointed the servicer hereunder until such time as any Service Transfer may be effected under Article VIII.

  • Custodial Responsibilities ARTICLE IX

  • Escrow Administration Fees, Compensation of Prime Trust Escrow Agent is entitled to escrow administration fees from Issuer and/or Broker as set forth in Schedule A attached hereto and as displayed on the Issuer Dashboard. Escrow Agent fees are not contingent in any way on the success or failure of the Offering, receipt of Subscriber funds, or transactions contemplated by this Agreement. No fees, charges or expense reimbursements of Escrow Agent are reimbursable, and are not subject to pro-rata analysis. All fees and charges, if not paid by a representative of Issuer (e.g. funding platform, lead syndicate broker, etc.), may be made via either Issuers credit/debit card or ACH information on file with Escrow Agent. Issuer shall at all times maintain appropriate funds in their account for the payment of escrow administration fees. Escrow Agent may also collect its fee(s), at its option, from any other account held by the Issuer at Prime Trust. It is acknowledged and agreed that no fees, reimbursement for costs and expenses, indemnification for any damages incurred by Issuer or Escrow Agent shall be paid out of or chargeable to the Escrow Amount.

  • The Owner Trustee’s Compensation The Depositor shall cause the Servicer to agree to pay to the Owner Trustee pursuant to Section 3.11 of the Servicing Agreement from time to time compensation for all services rendered by the Owner Trustee under this Agreement pursuant to a fee letter between the Servicer and the Owner Trustee (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust). The Servicer, pursuant to Section 3.11 of the Servicing Agreement and the fee letter between the Servicer and the Owner Trustee, shall reimburse the Owner Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Owner Trustee in accordance with any provision of this Agreement (including the reasonable compensation, expenses and disbursements of such agents, experts and counsel as the Owner Trustee may employ in connection with the exercise and performance of its rights and its duties hereunder), except any such expense as may be attributable to its willful misconduct, gross negligence (other than an error in judgment) or bad faith. To the extent not paid by the Servicer, such fees and reasonable expenses shall be paid by the Issuer in accordance with Sections 8.5 or 5.4(b) of the Indenture, as applicable.

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