Irrevocable Trust. This Agreement and the nomination of the Trustee during the term of the trust shall be irrevocable by Parent and its affiliates and shall terminate only in accordance with the provisions of Paragraphs 9 and 15 hereof.
Irrevocable Trust. This Agreement and any trust created hereunder shall be irrevocable and shall not be subject to alteration or amendment in any respect.
Irrevocable Trust. An irrevocable trust that consists of a single trust (1) with total assets in excess of $5,000,000, and (2) which was not formed for the specific purpose of investing in the Fund, and (3) whose purchase is directed by a person who has such knowledge and experience in financial and business matters that he or she is capable or evaluating the merits and risks of the prospective investment.
Irrevocable Trust. The Trust shall be irrevocable and the Trust assets, whether income or principal, shall not be subject to the claims of creditors of Employer, Employee or any beneficiary of the Trust.
Irrevocable Trust. The Trust is intended and is hereby declared to be irrevocable until it is terminated by the Beneficiary in accordance with section 2.5 hereof.
Irrevocable Trust. The Trust hereby established shall be irrevocable.
Irrevocable Trust. The trust created hereby is irrevocable by Trustor unless and until the Property is reconveyed to Trustor as provided in Section 5.16 hereof.
Irrevocable Trust. This Trust is defined as a Trust that is not able to be amended or changed. Upon the death of all Grantor(s)/Settlor(s), death certificates of all deceased Grantor(s)/Settlor(s) must be provided. Additionally, a new Certificate of Trust must be provided and a new Trust Application must be completed.
Irrevocable Trust. The Trust created under this Trust Instrument is irrevocable and the Settlor shall have no power to amend the provisions of this Trust without the approval of the Court.
Irrevocable Trust. This trust is irrevocable. Neither Unico nor IRC shall have any right or power, whether alone or by action jointly taken with others, to alter, amend, revoke, or terminate the trust, or any of the terms of this Agreement, in whole or in part, other than to designate who shall possess the trust property. By this Agreement, Unico relinquishes all possession or enjoyment of, or right to the income from, the Current IRC Stock, whether directly, indirectly, or constructively, and every interest on any nature in the Current IRC Stock.
