Common use of Distribution of Trust Upon Termination Clause in Contracts

Distribution of Trust Upon Termination. Upon termination of the Trust, the Trusteeshall assist the Investment Manager in liquidating the assets of the Trust, and thereupon distribute the then-existing assets of the Trust (including accrued, accumulated, and undistributed net income) less final Trust expenses (including taxes) to the Company, of which distributed amount the Company shall further distribute twenty-five percent (25%) to the Consumers.

Distribution of Trust Upon Termination. Upon termination of the Trust, the Trusteeshall Trustee shall assist the Investment Manager in liquidating the assets of the Trust, and thereupon distribute the then-existing assets of the Trust (including accrued, accumulated, and undistributed net income) less final Trust expenses (including taxes) to the Company, of which distributed amount the Company shall further distribute twenty-five percent (25%) to the Consumers.