Common use of Term of the Trust Clause in Contracts

Term of the Trust. The term of the Trust shall commence on the date hereof and shall continue in full force and effect until no property of the Trust is held by the Trustees, and the Trustees shall have all the powers and discretions, expressed and implied, conferred upon them by law or by this Contract of Trust.

Appears in 3 contracts

Samples: Contract of Trust, Contract of Trust, Trust Agreement

AutoNDA by SimpleDocs

Term of the Trust. The term of the Trust shall commence on the date hereof and shall continue in full force and effect until no property of the Trust Property is held by the Trustees, and the Trustees shall have throughout such term all the powers and discretions, expressed and implied, conferred upon them by law or by this Contract of Trust.

Appears in 2 contracts

Samples: Contract of Trust, Contract of Trust

AutoNDA by SimpleDocs

Term of the Trust. β€Œ The term of the Trust shall commence on the date hereof and shall continue in full force and effect until no property of the Trust is held by the Trustees, and the Trustees shall have all the powers and discretions, expressed and implied, conferred upon them by law or by this Contract of Trust.

Appears in 1 contract

Samples: Contract of Trust

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!