Common use of TRUST B Clause in Contracts

TRUST B. 6.1 The Trustee shall pay the net income of Trust B to Catherine C. Miller at least quarter-annually during her life. 0.0 Xx, xx xhe sole opinion of the Trustee, the net income of Trust B is insufficient to support and maintain Catherine C. Miller in the manner to which she has become accustomed, xxxxxxxxxxx xxx xxher income and means of support known to the Trustee, the Trustee may, in its sole discretion, distribute to her as much of the principal of Trust B as the Trustee determines is necessary for such purposes. In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D. 6.3 Trust B shall terminate upon the death of Catherine C.

Appears in 1 contract

Samples: Trust Agreement (Jni Corp)

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TRUST B. 6.1 The Trustee shall pay the net income of Trust B to Catherine C. Miller at Cathxxxxx X. Xxxxxx xx least quarter-annually during her life. 0.0 Xx6.2 If, xx xhe in the sole opinion of the Trustee, the net income of Trust B is insufficient to support and maintain Catherine C. Miller in Cathxxxxx X. Xxxxxx xx the manner to which she has become accustomed, xxxxxxxxxxx xxx xxher considering her other income and means of support known to the Trustee, the Trustee may, in its sole discretion, distribute to her as much of the principal of Trust B as the Trustee determines is necessary for such purposes. In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D. 6.3 Trust B shall terminate upon the death of Catherine C.Cathxxxxx X.

Appears in 1 contract

Samples: Trust Agreement (Miller Lloyd I Iii)

TRUST B. 6.1 The Trustee shall pay the net income of Trust B to Catherine C. Miller Xxxxxxxxx X. Xxxxxx at least quarter-annually during her life. 0.0 Xx6.2 If, xx xhe in the sole opinion of the Trustee, the net income of Trust B is insufficient to support and maintain Catherine C. Miller Xxxxxxxxx X. Xxxxxx in the manner to which she has become accustomed, xxxxxxxxxxx xxx xxher considering her other income and means of support known to the Trustee, the Trustee may, in its sole discretion, distribute to her as much of the principal of Trust B as the Trustee determines is necessary for such purposes. In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D. 6.3 Trust B shall terminate upon the death of Catherine C.Xxxxxxxxx X.

Appears in 1 contract

Samples: Trust Agreement (Anacomp Inc)

TRUST B. 6.1 The Trustee shall pay the net income of Trust B to Catherine C. Miller at least quarterax xxxxx xxxxxxx-annually xnnually during her life. 0.0 Xx6.2 If, xx xhe in the sole opinion of the Trustee, the net income of Trust B is insufficient to support and maintain Catherine C. Miller in the manner to which xxx xxxxxx xx xxxxh she has become accustomed, xxxxxxxxxxx xxx xxher considering her other income and means of support known to the Trustee, the Trustee may, in its sole discretion, distribute to her as much of the principal of Trust B as the Trustee determines is necessary for such purposes. In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D. 6.3 Trust B shall terminate upon the death of Catherine C.

Appears in 1 contract

Samples: Trust Agreement (Aldila Inc)

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TRUST B. 6.1 The Trustee shall pay the net income of Trust B to Catherine C. Miller at Catxxxxxx X. Xxxxxx xx least quarter-annually during her life. 0.0 Xx6.2 If, xx xhe in the sole opinion of the Trustee, the net income of Trust B is insufficient to support and maintain Catherine C. Miller in Catxxxxxx X. Xxxxxx xx the manner to which she has become accustomed, xxxxxxxxxxx xxx xxher considering her other income and means of support known to the Trustee, the Trustee may, in its sole discretion, distribute to her as much of the principal of Trust B as the Trustee determines is necessary for such purposes. In such event, if any portion of Trust B falls to qualify for the Federal estate tax marital deduction, the Trustee shall distribute for such purposes principal of Trust B with respect to which the election was made, or if none, other principal of Trust B, provided, however, that in no event shall other principal of Trust B be distributed when there is available for distribution principal of Trust C or Trust D. 6.3 Trust B shall terminate upon the death of Catherine C.Catxxxxxx X.

Appears in 1 contract

Samples: Trust Agreement (Synergy Brands Inc)

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