Common use of Irrevocability and Termination Clause in Contracts

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 17, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Agency, or by the Trustee and the Agency, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust or, where Grantor has ceased to exist, then to the Agency.

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Agency, or by the Trustee and the Agency, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust or, or where Grantor has ceased to exist, then to the Agency.

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Agency, or by the Trustee and the Agency, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust or, where if the Grantor has ceased to exist, then to the Agency.

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Agency, or by the Trustee and the Agency, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved dissolved, or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust or, or where Grantor has ceased to exist, then to the Agency.

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 17, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the Agency, or by the Trustee and the Agency, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved dissolved, or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust or, where Grantor has ceased to exist, then to the Agency.

Irrevocability and Termination. Subject to the right of the parties to amend this Agreement as provided in Section 1715, this Trust shall be irrevocable and shall continue until terminated at the written agreement of the Grantor, the Trustee, and the AgencyDistrict, or by the Trustee and the AgencyDistrict, if the Grantor dies, is legally incapacitated, is administratively or judicially dissolved dissolved, or otherwise ceases to exist. Upon termination of the Trust, all remaining trust property, less final trust administration expenses, shall be delivered pursuant to the written agreement terminating the trust ortrust, or where the Grantor has ceased to exist, then to the AgencyDistrict.