Amendments to Trust. Notwithstanding the irrevocability of this Declaration of Trust and the Trust created hereunder, as set forth in paragraph 1.4 above, this Declaration and the Trust created hereunder may be amended from time to time to effectuate its purposes and intent. The Trustee may also, but is not required to, amend this Declaration and the Trust created hereunder so that it conforms with any statutes, rules, or regulations that are approved by any governing body or agency relating to 42 U.S.C. § 1396p or related statutes, including state statutes and regulations that are consistent with the provisions and purposes of the Omnibus Budget Reconciliation Act of 1993, amending 42 U.S.C. § 1396p.
Amendments to Trust. Agreement The Owner Trustee shall furnish notice to the Primary Swap Counterparty and to each of the Rating Agencies prior to obtaining consent to any proposed amendment under Section 8.2 of the Trust Agreement; provided, however, that no amendment shall be made unless either (A) the Primary Swap Counterparty consents in writing to such amendment or (B) the amendment will, as evidenced by a Materiality Opinion, have no material adverse effect on the interests of the Primary Swap Counterparty.
Amendments to Trust. Agreement -----------------------------
Amendments to Trust. Agreement No. 7 authorized or approved in accordance with Sections 4, 9 and 14 thereof and all documents, certificates or other instruments deemed desirable by Cleveland-Cliffs or required in connection therewith.
Amendments to Trust. Subject to the limitations of Section 8.2 herein, the terms and provisions of this Agreement may be amended at any time by a majority vote of all of the Trustees. After an amendment has been adopted by the Trustees, notice of the amendment and a Member's right to object to the amendment shall be promptly given to all of the Members. The amendment shall be effective fifteen days after such notice to the Members unless, within fifteen days of such notice, a majority of the Members shall file a written objection to the amendment with the Administrator. If a majority of Members file a written objection within fifteen days of such notice, the amendment will be of no force and effect.
Amendments to Trust. Settler or Trustee may make amendments to the Trust and/or this Agreement so long as such amendments do not (i) alter the purpose of the Trust, (ii) make this a revocable trust, or (iii) adversely impact a past executed Sub-Trust Agreement. All amendment shall be consistent with all applicable laws. Such amendments shall require a majority vote of the LIFE board. In the event such amendment requires the approval of a court of law, then such amendment shall not be deemed to be in effect until such time as same has been approved by such court of law. Trustee shall not make amendments which will adversely affect the ability of Beneficiary to receive the benefits to which Beneficiary is otherwise entitled.
Amendments to Trust
