Contingent distributions. A person who is entitled to receive a distribu- tion only after a specified time or upon the occurrence of a specified event (such as the death of the holder of a power of appointment) is not a poten- tial current beneficiary until such time or the occurrence of such event.
Appears in 5 contracts
Samples: Supplemental Contract, Supplemental Contract, Supplemental Contract
Contingent distributions. A person who is entitled to receive a distribu- tion only after a specified time or upon the occurrence of a specified event (such as the death of the holder of a power of appointment) is not a poten- tial current beneficiary until such time or the occurrence of such event.
(vi) Currently exercisable powers of ap- pointment and other powers—
Appears in 2 contracts
Samples: Publishing Agreement, Publishing Agreement