Common use of Method of Amendment Clause in Contracts

Method of Amendment. This Trust Agreement may only be amended with the approval of the Trustees and a majority-in-interest of the Beneficiaries; provided, that no such amendment shall cause the Trustees to engage in any activity other than that appropriate for liquidating trustees or prejudice the rights of creditors of the Company.

Appears in 2 contracts

Sources: Liquidating Trust Agreement (Fore Holdings LLC), Liquidating Trust Agreement (Tripos Inc)