Common use of Perpetuity period Clause in Contracts

Perpetuity period. If the rule against perpetuities applies to any trust created by this deed, the perpetuity period shall be 125 years (as specified by section 5(1) of the Perpetuities and Accumulations Act 2009).

Appears in 6 contracts

Samples: Debenture (SmartKem, Inc.), Grant Funding Agreement, Debenture (Talend S.A.)

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Perpetuity period. If if the rule against perpetuities applies to any trust created by this deed, the perpetuity period shall Shall be 125 years (as specified by section 5(1) of the Perpetuities and Accumulations Act 2009).

Appears in 2 contracts

Samples: Debenture (Talend SA), Debenture (Talend SA)

Perpetuity period. If the rule against perpetuities applies to any trust created by this deedAgreement, the perpetuity period shall be 125 years (as specified by section 5(1) of the Perpetuities and Accumulations Act 2009).

Appears in 2 contracts

Samples: Security Agreement (Morria Biopharmaceuticals PLC), Security Agreement (Morria Biopharmaceuticals PLC)

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Perpetuity period. If the rule against perpetuities applies to any trust created by this deedDeed, the perpetuity period shall be 125 years (as specified by section 5(1) of the Perpetuities and Accumulations Act 2009).

Appears in 1 contract

Samples: Holding Period Trust Deed

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