Common use of Expenses of Contest Clause in Contracts

Expenses of Contest. The Trustees and the Executors serving under our ▇▇▇▇▇ are expressly authorized to defend against any and all of the actions described in this Article, including any contest or attack of any nature upon a Protected Instrument or any of its provisions. All expenses incurred in the defense of any of the actions or matters described in this Article shall be paid, as the Trustees determine, from either our probate estate or the trust estate as expenses of administration. If, however, a Contestant is or becomes entitled to receive any property or property interests included in our probate estate or the trust estate, whether under this Trust Agreement, our ▇▇▇▇▇, or any other Protected Instrument, then all expenses incurred by the Trustees or our Executors in the defense of the actions undertaken by the Contestant shall be charged against and paid from the property or property interests that the Contestant otherwise would be entitled to receive, whether or not the Trustees or our Executors were successful in the defense of the Contestant’s actions.

Appears in 1 contract

Sources: Trust Agreement (Mary R Molina Living Trust)

Expenses of Contest. The Trustees Our Executors and the Executors Trustees serving under our ▇▇▇▇▇ this Trust Agreement are expressly authorized to defend against any and all of the actions described in this ArticleSection 22.2, including any contest or attack of any nature upon a Protected Instrument this Trust Agreement, our respective ▇▇▇▇▇, or any of its their provisions. All expenses incurred in the defense of any of the actions or matters described in this Article Section 22.2 shall be paid, as the Trustees determine, from either our probate estate estates or the trust estate as expenses of administration. If, however, a Contestant is or becomes entitled to receive any property or property interests included in our probate estate estates or the trust estate, whether under this Trust Agreement, our ▇▇▇▇▇, or any other Protected Instrumentinstrument, then all expenses incurred by the Trustees or our Executors in the defense of the actions undertaken by the Contestant shall be charged against and paid from the property or property interests that the Contestant otherwise would be entitled to receive, whether or not the Trustees or our Executors were successful in the defense of the Contestant’s 's actions.

Appears in 1 contract

Sources: Trust Agreement