Common use of Amendment of Trust Agreement Clause in Contracts

Amendment of Trust Agreement. This Trust Agreement may be amended by action concurred in by a majority of the Trustees then in office and without a vote of Holders for the purpose of having the Trust qualify or continue to qualify as a "liquidating trust" or "grantor trust" under the applicable provisions of the Internal Revenue Code of 1954, as amended from time to time. Also, this Trust Agreement may be amended at the direction or with the consent of the Holders of not less than 66.7% in interest, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or prior amendments thereto, provided, however, that no amendment shall permit the Trustee to engage in any activity prohibited by Article Four.

Amendment of Trust Agreement. This Trust Agreement may be amended by action concurred in by a majority of the Trustees then in office and without a vote of Holders for the purpose of having the Trust qualify or continue to qualify as a "liquidating trust" or "grantor trust" under the applicable provisions of the Internal Revenue Code of 19541986, as amended from time to time. Also, this Trust Agreement may be amended at the direction or with the consent of the Holders of not less than 66.7% in interest, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Trust Agreement or prior amendments thereto, provided, however, that no amendment shall permit the Trustee to engage in any activity prohibited by Article Four.