Common use of Term of Trust Clause in Contracts

Term of Trust. Subject to prior dissolution by a court of competent jurisdiction, the Trust shall terminate and dissolve one day prior to the twenty-first anniversary of the date of this Indenture.

Term of Trust. Subject to prior dissolution by a court of competent jurisdiction, the Trust shall terminate and dissolve one day prior to the twenty-first anniversary of the date of this IndentureIndenture unless prior to the twenty-first anniversary the Community Council by resolution directs the Trustees to delay the date of dissolution to a later date.