Common use of Distributions Upon Termination of Trust Clause in Contracts

Distributions Upon Termination of Trust. Upon the dissolution, winding up and termination of the Trust, the Trust Property or the cash proceeds therefrom shall be distributed by the Treasurer in the following order of priority:

Appears in 2 contracts

Samples: Trust Agreement (Medallion Financial Corp), Trust Agreement (Medallion Financial Corp)

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Distributions Upon Termination of Trust. Upon the dissolution, winding up and termination of the TrustTrust (or such other date as established by the Board of Managers), the Trust Property or the cash proceeds therefrom shall be distributed by the Treasurer in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Medallion Financial Corp)

Distributions Upon Termination of Trust. Upon the dissolution, winding up and termination of the TrustTrust (or such other date as established by the Board of Managers), the Trust Property or the cash proceeds therefrom shall be distributed by the Treasurer in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Medallion Financial Corp)

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Distributions Upon Termination of Trust. Upon the dissolution, winding up and termination of the Trust--------------------------------------- Trust (or such other date as agreed to by the Majority Owners, the Majority Co-Trustees and the Owner Trustee), the Trust Property or the cash proceeds therefrom shall be distributed by the Treasurer in the following order of priority:

Appears in 1 contract

Samples: Trust Agreement (Jv Capital Trust)

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