Approval of Transactions. Approve any transaction that is intended to be effected, disregarding any amounts to be applied to the payment of VAT, when it represents 20% (twenty percent) or more of the value of the Trust Estate as of the end of the immediately preceding quarter, including those effected simultaneously or successively in a 12 (twelve) month period commencing on the date of the first transaction and that may be considered a single transaction.
Appears in 4 contracts
Samples: Irrevocable Trust Agreement, Irrevocable Trust Agreement, Irrevocable Trust Agreement
