Premature Death of Child: General Power of Appointment Sample Clauses

Premature Death of Child: General Power of Appointment. Upon the death of the beneficiary for whom a separate trust is created under this Section IV prior to the complete distribution of his or her respective trust as provided in Section 5.6.4, the then remaining principal of the beneficiary’s trust, together with all accrued and undistributed income, if any, shall as soon as practicable be paid and distributed by the Trustee to such person or persons, in such amounts or proportions, and in such a manner as the beneficiary may appoint, including his or her estate, or his or her creditors, or the creditors of his or her estate, by his or her Last Will and Testament, specifically referring to this general testamentary power of appointment. This general testamentary power of appointment shall deem to be exercised in the beneficiary’s Last Will and Testament by and only by an express exercise which specifically refers to this Section 5.6.6. In default of the exercise of the general testamentary power of appointment by such deceased grandchild, or insofar as it shall not extend or take effect, the remaining principal of the beneficiary’s trust, together with all accrued and undistributed income, if any, shall as soon as practicable be paid and distributed by the Trustee in the manner and to the persons described in Sections 4.4.1 through 4.4.4 of this Trust.
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Related to Premature Death of Child: General Power of Appointment

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

  • 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:

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  • Faculty Appointments 5.4.1 On successful completion of the probationary period (unless 6.4 applies), a faculty employee shall be offered a faculty appointment. A faculty appointment means that the appointment shall be continued unless there are exceptional circumstances as specified in 8.4.1 or 6.4.

  • 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.

  • Term of Appointment 2.1 The Appointment shall commence on the Commencement Date and shall continue, subject to the remaining terms of this agreement, until terminated by either party giving the other not less than three months’ prior notice in writing.

  • Provisional Appointment An employee with provisional status shall have no right to grieve or arbitrate release from such a provisional appointment.

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  • Continuing Appointment A continuing appointment shall continue until retirement or until otherwise terminated pursuant to this Agreement.

  • Medical/Dental Appointments ‌ Where medical and/or dental appointments cannot be scheduled outside the employee's working hours, sick leave with pay shall be granted.

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