Designation of Trustee. Initially, Axxxxxxxx Xxxxxxx shall act as Trustee of and under this Trust Agreement and the Trust formed pursuant hereto.
Designation of Trustee. A. Trustee [Name of Trustee] shall serve as initial Trustee. In the event that [Name of Trustee] ceases to act as Trustee, [Name of Alternate Trustee], of [address], shall act as Trustee. In the event that this trust is activated during the Settlor's lifetime, the Settlor shall thereafter neither act as Trustee nor have the power to appoint or remove a Trustee. If there is no named successor Xxxxxxx who accepts appointment, the Trustee or if the Trustee fails to act, the beneficiary of the trust may secure at the expense of the trust the appointment of a successor Trustee by a court of competent jurisdiction. Any corporate Trustee so appointed shall be a corporation organized under the laws of any State or of the United States authorized by law to administer trusts and maintaining a full-time trust department. Any Trustee hereunder shall be an independent corporate or individual Trustee (as defined under Internal Revenue Code Section 674) and shall not be a beneficiary hereunder. Appointment shall be effective upon acceptance of the successor Trustee as of the date the prior acting Trustee ceased to act.
Designation of Trustee. For purposes of transfers to trust, beneficiary designations, and formal correspondence, the trust shall be referred to as: "INDEPENDENT TRUSTEE, TRUSTEE, OR THE SUCCESSOR IN TRUST, UNDER THE INJURED CHILD/PERSON IRREVOCABLE TRUST DATED , 2004."
Designation of Trustee. 50 8.2 Contributions to the Fund ........................................... 50 8.3 Use of Contributions to the Fund .................................... 51 8.4 Forfeitures ......................................................... 52 8.5
Designation of Trustee. The Company, by appropriate resolution of its Board of Directors, shall name and designate a Trustee and shall enter into a Trust Agreement with such Trustee. The Company shall have the power, by appropriate resolution of its Board of Directors, to amend the Trust Agreement, remove the Trustee, and designate a successor Trustee, all as provided in the Trust Agreement. All of the assets of the Plan shall be held by the Trustee for use in accordance with the Plan.
Designation of Trustee. Xx X. Xxxxx whose address is P. O. Xxx 000000, Xxxxxx Xxxxxxx, Xxxxx 00000 is hereby designated as Trustee hereunder. TO HAVE AND TO HOLD the Realty and Fixture Collateral unto the Trustee in Trust to secure the performance of the covenants of Mortgagor contained in this instrument. If Mortgagor performs all the covenants attributable to the Obligations and pays same in full, this Deed of Trust shall have no further effect and Beneficiary shall release it at Mortgagor’s expense.
Designation of Trustee. The Plan Sponsor hereby designates the Trustee as a trustee of the Plan with respect to the interest of the Plan in assets of the Trust or of any collective investment fund established under and forming part of the BT Pyramid Trust (the "Collective Trust") created by the Trustee under a Declaration of Trust effective June 30, 1991, as amended from time to time (the "General Declaration of Trust").
Designation of Trustee
