Examples of Successor Trusts in a sentence
Trusts 1 through 9 are collectively referred to as the Trust A Successor Trusts.
The Trust A Successor Trusts are governed by the same provisions as Trust A.On Date 6, the trustees and Advisory Board Members of Trust A and the Trust A Successor Trusts, with the consent of the beneficiaries of the Trust A Successor Trusts, petitioned Probate Court to modify the trust agreement with respect to Trust A.
Predecessor Trust shall have executed and delivered all such assignments and other instruments of transfer as Successor Trust may reasonably deem necessary or desirable in order to vest in and confirm (a) Predecessor Trusts title to and possession of the Successor Fund Shares to be delivered hereunder and (b) Successor Trusts title to and possession of all the Assets and to otherwise to carry out the intent and purpose of this Agreement.
Notwithstanding anything herein to the contrary, neither the Successor Trust nor the Predecessor Trust may waive the condition set forth in this paragraph 8.5. 8.6 The Assets will include no assets which the Successor Fund, by reason of limitations contained in Successor Trusts Declaration of Trust or of investment restrictions disclosed in such Successor Funds current prospectus and statement of additional information, as supplemented, in effect on the Closing Date, may not properly acquire.
Each of the Corresponding Series of the Current Trust and the respective Successor Trust each agree to make and provide representations with respect to such Corresponding Series and the respective Successor Trusts which are reasonably necessary to enable Xxxx and Xxxx LLP to deliver an opinion substantially as set forth in this paragraph 8.5, which opinion may address such other federal income tax consequences, if any, that Xxxx and Xxxx LLP believes to be material to the transaction.