Dissolution of the Trust. The Trust shall be dissolved and its affairs shall be wound up only upon the written election of all the Beneficial Owners, delivered to the Trustee and the Administrator, to dissolve the Trust. Upon dissolution of the Trust, the Trustee shall have power and authority, and is hereby authorized and empowered, to, and shall, wind up the Trust's affairs.
Appears in 2 contracts
Sources: Trust Agreement (AHP Title Holdings LLC), Trust Agreement (AHP Servicing LLC)
Dissolution of the Trust. The Trust shall be dissolved and its affairs shall be wound up only upon the written election of all the Beneficial Owners, delivered to the Trustee and the Administrator, to dissolve the Trust. Upon dissolution of the Trust, the Trustee shall have power and authority, and is hereby authorized and empowered, to, and shall, wind up the Trust's ’s affairs.
Appears in 1 contract
Sources: Trust Agreement (American Homeowner Preservation 2015A LLC)