Power of Appointment Exercisable by the Surviving Settlor Sample Clauses

Power of Appointment Exercisable by the Surviving Settlor. Upon the death of the surviving Settlor, the remaining principal and any accrued or undistributed Income shall be transferred and delivered to or for the benefit of such one or more persons, corporations or other organizations, including the estate of the surviving Settlor or to the creditors of the surviving Settlor, in such portions or amounts and subject to such trusts, terms and conditions as the surviving Settlor, may appoint by specific reference in his or her Last Will and Testament. If the surviving Settlor does not exercise this power in full, the unappointed principal and accumulated and undistributed income shall be added to the Family Trust.
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Related to Power of Appointment Exercisable by the Surviving Settlor

  • TERMINATION OF APPOINTMENT 6.1 The Issuer may terminate the appointment of the Calculation Agent at any time by giving to the Calculation Agent at least 45 days' prior written notice to that effect, provided that, so long as any of the Relevant Notes is outstanding:

  • Initial Appointments The Company appoints the Trustee as the initial Paying Agent, the initial Registrar and the initial Conversion Agent.

  • Acting Appointments If an Employer appoints a Teacher to act in a promotion position for ten or more consecutive school days, the Employer must pay the Teacher the rate prescribed for that position.

  • Initial Appointment Upon initial appointment, a bargaining unit employee shall be issued a letter of offer, signed by the xxxx/director, citing specific terms and conditions of employment and his or her initial assignment of responsibilities. The University may enclose informational addenda, except that such addenda may not abridge the employee's rights or benefits provided in the BOT-UFF Agreement or BOT- UFF Policies. All academic year appointments for employees at a University shall begin on the same date. Two weeks prior to the beginning of classes each semester, the University shall send to the UFF Chapter a list of bargaining unit employees hired since the beginning of the previous semester, showing name; rank or title; department, college, program or employment unit; salary; and principal place of employment (campus). The initial letter of offer shall contain the following elements:

  • Termination of Probationary Appointment (a) The Employer may terminate a probationary appointment at any time.

  • SECTION 2 - APPOINTMENT 2.1 Employee is appointed as a technical officer currently assigned as the Executive Assistant effective August 4, 2020, on the terms and conditions set out in the Agreement.

  • Joint Appointments 22A.09 When sound academic reasons exist for doing so, a Faculty Member may be appointed jointly to two (2) or more Academic Departments or Faculties. Such appointments shall be at the same rank, of the same type and with the same salary rate, in the Academic Departments or Faculties concerned. When sound academic reasons exist for doing so, a Faculty Member may be appointed jointly to an Academic Department and to a non-academic unit within the University. The Faculty Member shall have his/her rank, type of appointment, academic component of salary, credit for previous experience, promotion eligibility and other academic conditions determined on the same basis as for other Faculty Members. If such Faculty Members commence working entirely in one (1) Academic Department, their salary shall be in accordance with this Collective Agreement.

  • Appointment and Termination of Appointment Issuer may at any time appoint additional or alternative agents to provide the service(s) to be provided by the Global Agent hereunder. Issuer may terminate the appointment of the Global Agent or any part of such agency or any other agent by giving to the Global Agent or that agent at least 30 calendar days' written notice to that effect. Issuer may replace the Global Agent in any of its roles hereunder and appoint one or more other authenticating agents, paying agents, transfer agents, registrar or calculation agents for any issuance of the Notes as Issuer may determine; provided, however, that until all of the Notes have been delivered to the Global Agent for cancellation and destruction, or monies sufficient to pay the principal and interest, if any, on such Notes have been made available for payment and either paid or returned to Issuer as provided herein, Issuer will at all times maintain a paying agent; and, if and for so long as any Notes are listed on any stock exchange, Issuer shall maintain a paying agent for such Notes at any location such stock exchange may require.

  • Duration of Appointment The Employment shall be deemed to have commenced on the Commencement Date and shall continue unless terminated in accordance with the provisions of this Agreement.

  • Regular Appointment The authorized appointment of an individual to a position covered by Civil Service.

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