Unit Holder may direct payments. The Trustee must act on a direction given by a Unit Holder in such form as the Trustee requires to pay to a third party nominated in the direction all or part of the Unit Holder’s entitlement to distributions of Distributable Amounts under this clause 12 or under clause 20 on winding up.
Appears in 4 contracts
Samples: Funding Agreement, www.qca.org.au, www.qca.org.au