Common use of Liquidation of Assets Clause in Contracts

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated basis across all the investment alternatives in the Trust. The Trustee and/or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s obligation to pay the Trustee and/or Custodian’s fees or other compensation if such fees or compensation are not paid on a timely basis.

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Trustee/Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated pro rata basis across all the investment alternatives in the Trust. The Trustee and/or and /or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s obligation to pay the Trustee and/or and /or Custodian’s fees or other compensation if such fees or compensation are is not paid on a timely basis.

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Trustee/Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated pro rata basis across all the investment alternatives in the Trust. The Trustee and/or and /or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s 's obligation to pay the Trustee and/or and /or Custodian’s 's fees or other compensation if such fees or compensation are is not paid on a timely basis.. 105

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Trustee/Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated pro rata basis across all the investment alternatives in the Trust. The Trustee and/or and /or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s 's obligation to pay the Trustee and/or and /or Custodian’s 's fees or other compensation if such fees or compensation are is not paid on a timely basis.. 106

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Trustee/Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated pro rata basis across all the investment alternatives in the Trust. The Trustee and/or and /or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s 's obligation to pay the Trustee and/or and /or Custodian’s 's fees or other compensation if such fees or compensation are is not paid on a timely basis.

Liquidation of Assets. If the Trustee and/or Custodian must liquidate assets in order to make distributions, transfer assets, or pay fees, expenses or taxes assessed against all or a part of the Trust, and the Trustee and/or Trustee/Custodian is not instructed as to the liquidation of such assets, assets will be liquidated on a prorated pro rata basis across all the investment alternatives in the Trust. The Trustee and/or and /or Custodian are expressly authorized to liquidate assets in order to satisfy the Trust’s 's obligation to pay the Trustee and/or and /or Custodian’s 's fees or other compensation if such fees or compensation are is not paid on a timely basis.. 107