AMENDMENT POWER definition

AMENDMENT POWER. The Trustee shall enjoy a limited power to amend management functions of this Trust only as may be required to facilitate the convenient administration of this Trust, to deal with the unexpected or the unforeseen, or to avoid unintended or adverse tax consequences. Any amendment under this provision shall be in writing and must be consented to by the Trustor, if not then deceased or incapacitated, or the beneficiaries of any Trust if the Trustor is deceased or incapacitated. The amendment may be retroactive. This limited power to amend shall not affect the rights of any beneficiary to enjoy Trust income or principal without the consent of said beneficiaries. The dispositive provisions of any Trust shall not be affected by this limited power to amend, and such power shall not be exercisable in such any manner as to create gift, estate, or income taxation to the Trustee or any beneficiary. No amendment shall affect the rights of third persons who have dealt or may deal with the Trustee without their consent.
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AMENDMENT POWER has the meaning described in Clause 9 of this Deed;
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Examples of AMENDMENT POWER in a sentence

  • ATTEST: K-BAR RANCH II COMMUNITY DEVELOPMENT DISTRICT Secretary / Assistant Secretary Chairman / Vice Chairman Page 2 of 2K-BAR RANCH II COMMUNITY DEVELOPMENT DISTRICT PARKING POLICIES STATEMENTRESERVATION OF AMENDMENT POWER The Board of Supervisors of K-Bar Ranch II Community Development District (hereinafter referred to as the “District”) reserves the right to amend, at any time, the policies contained herein at its sole and absolute discretion.

  • YANIV ROZNAI, UNCONSTITUTIONAL CONSTITUTIONAL AMENDMENTS – THE LIMITS OF AMENDMENT POWER 134-5 (2017).As we noted in section II, nowadays, democratic breakdowns occur not by an immediate break—a sudden suspension or destruction of the constitution following a coup d’état, but by elected governments using, abusing, and subverting the democratic institutions themselves.

  • If a scent, let’s say saffron, were to be poured inside this cup, there would be a duality.

  • ATTEST: K-BAR RANCH II COMMUNITY DEVELOPMENT DISTRICT Secretary / Assistant Secretary Chairman / Vice ChairmanK-BAR RANCH II COMMUNITY DEVELOPMENT DISTRICT PARKING POLICIES STATEMENTRESERVATION OF AMENDMENT POWER The Board of Supervisors of K-Bar Ranch II Community Development District (hereinafter referred to as the “District”) reserves the right to amend, at any time, the policies contained herein at its sole and absolute discretion.

  • This study, therefore, examines the food and nutritional ecology of the mona monkey as basis for its survival in three locations: University of Lagos (urban), Lekki Conservation Centre (semi-urban) and Okomu National Park (wild) habitats in Southwestern Nigeria.

  • For more information, please contact kaleita@law.ufl.edu.DECENTRALIZING THE AMENDMENT POWER byJonathan L.

Related to AMENDMENT POWER

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • First Amendment Date means February 21, 2019.

  • Amendment means a written agreement, signed by the Parties, which documents changes to the Contract other than those permitted by Work Orders.

  • Tariff Amendment means an amendment made by XXXXX, from time to time, to the tariff applicable to this Licence, on notice to the Licensee.

  • Soil amendment means any substance that is intended to

  • Contract Amendment means a written document signed by the Procurement Officer that is issued for the purpose of making changes in the Contract.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of September 19, 2016, among the Borrower, the Administrative Agent and the Lenders party thereto.

  • L/C Amendment Application means an application form for amendment of an outstanding standby or commercial documentary letter of credit as shall at any time be in use at the Issuing Lender, as the Issuing Lender shall request.

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Price amendment means the amendment to a registration statement filed under the Securities Act of 1933 or, if an amendment is not filed, the prospectus or prospectus supplement filed under the Securities Act of 1933 that includes a statement of the offering price, underwriting and selling discounts or commissions, amount of proceeds, conversion rates, call prices, and other matters dependent upon the offering price.

  • Third Amendment Date means June 23, 2020.

  • Second Amendment Date means the date of the Second Amendment.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • ESG Amendment has the meaning specified in Section 2.18.

  • Mortgage Amendments as defined in Section 6.11(a).

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Amendment Documents means this Amendment, the Credit Agreement (as amended by this Amendment), and each certificate and other document executed and delivered by the Borrowers pursuant to Section 5 hereof.

  • Administrative permit amendment means an air quality operating permit revision that:

  • Fourth Amendment Date means April 30, 2021.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Assignment/Amendment We reserve the right to change this Service Agreement (including the price or to charge an additional fee) and to delegate any of Our obligations at Our sole discretion provided We give You thirty (30) days’ prior written notice of the changes. The changes will become effective thirty (30) days after We send You the notice. If You do not like the changes, You may cancel this Service Agreement. You may not change this Service Agreement or delegate any of Your obligations. Should certain terms or conditions in this Service Agreement be held to be invalid or unenforceable, the remainder of the terms and conditions in this Service Agreement shall remain valid. Transfer: This Service Agreement is not transferable by You. Responsibility for benefits owed to You: This is not an insurance policy; it is a Service Agreement. HomeServe will serve as Your point-of-contact for all questions or concerns. Our obligations under this Service Agreement are insured under a service contract reimbursement insurance policy. If We fail to pay or to deliver service on a claim within sixty (60) days after proof of loss has been filed, or in the event You cancel this Service Agreement and We fail to issue any applicable refund within sixty (60) days after cancellation, You are entitled to make a claim against the insurer, Virginia Surety Company, Inc., 000 Xxxx Xxxxxxx Xxxx., 11th Floor, Chicago, IL 60604, 0-000-000-0000. Our Liability: To the extent permitted by applicable law, (1) You agree that We and HomeServe, and both of our parents, successors, affiliates, approved technicians and our and their officers, directors, employees, affiliates, agents and contractors shall not be liable to You or anyone else for: (a) any actual losses or direct damages that exceed the lowest applicable per covered repair benefit limit set out above; or (b) any amount of any form of indirect, special, punitive, incidental or consequential losses or damages, including those caused by any fault, failure, delay or defect in providing services under this Service Agreement, and (2) these limitations and waivers shall apply to all claims and all liabilities and shall survive the cancellation or expiration of this Service Agreement. You may have other rights that vary from state to state. Arbitration: YOU, NAW AND HOMESERVE ALL AGREE TO RESOLVE DISPUTES ONLY BY FINAL AND BINDING ARBITRATION OR IN SMALL CLAIMS COURT as follows:

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of August 12, 2016, between the Borrower, the Administrative Agent and the Lenders Party thereto.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Major Amendment means any change which is not a minor amendment.