Common use of SMALL TRUST TERMINATION Clause in Contracts

SMALL TRUST TERMINATION. If at any time after the death of the Settlor, the value of the principal assets of the funds comprising any issue's portion of the Trust established under Section 1.3 shall be less than TWENTY-FIVE THOUSAND DOLLARS ($25,000.00), then the Settlor directs that such trust or trusts shall not be established or shall terminate, as the case may be.

SMALL TRUST TERMINATION. If at any time after the death of the Settlor, the value of the principal assets of the funds comprising any issuebeneficiary's separate portion of the Trust established under Section 1.3 this Trust Agreement shall be less than TWENTY-FIVE THOUSAND DOLLARS ($25,000.00), then the Settlor directs that such trust or trusts shall not be established or shall terminate, as the case may be.