4
Shared Docs
4
Same-Page
4 / 4
Mentions
ch's rating of at least "A-1": U.S. Trust Company of Delaware, UBS Fiduciary Trust Company, JP Morgan Chase & Co., the Goldman Sachs Trust Company, Northern Trust Company, Wilmington Trust Company and Bessemer Trust Company. If any of said rating companies goes out of the business of issuing ratings or, as the case m
n § 672(c) of the Code). (25) "Settlor": LEON D. BLACK. (26) "Settlor's Children": the Settlor's children, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK and VICTORIA RACHEL BLACK, all children born to the Settlor after the date of this Trust Agreement who are issue of the Settlor within the meaning
ch's rating of at least "A-1": U.S. Trust Company of Delaware, UBS Fiduciary Trust Company, JP Morgan Chase & Co., the Goldman Sachs Trust Company, Northern Trust Company, Wilmington Trust Company and Bessemer Trust Company. If any of said rating companies goes out of the business of issuing ratings or, as the case m
n § 672(c) of the Code). (13) "Settlor": LEON D. BLACK. (14) "Settlor's Children": the Settlor's children, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK, VICTORIA RACHEL BLACK, and any children born to or adopted by the Settlor after the execution of the Original Trust Agreement. 61 DM US 37283516
of principal from an Original Trust with an inclusion ratio (as defined in Section 2642(a)(1) of the Code) of greater than zero shall be added to an Other Trust with an inclusion ratio of zero. Notwithstanding the foregoing, no portion of any Original Trust that would be a "qualified subchapter S trust" (as
twenty-one (21) years after the death of the last survivor of LEON, DEBRA, BENJAMIN ELI BLACK, 13 EFTA00585036 USI:8136490104 JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK, and VICTORIA RACHEL BLACK. With respect to any trust created under Clause FIRST, upon such termination the remaining principal of such trust shall
of zero. Notwithstanding the foregoing, (i) no portion of any Original Trust created for the benefit of DEBRA under Clause THIRD may be paid to any Other Trust and (ii) no portion of any Original Trust that would be a "qualified subchapter S trust" (as defined in Section 1361(d)(3) of the Code) or an "elec
t shall terminate upon the expiration of twenty-one (21) years after the death of the last survivor of DEBRA, BENJAMIN ELI BLACK, JOSHUA MAX BLACK, ALEXANDER SAMUEL BLACK, and VICTORIA RACHEL BLACK. With respect to any trust created under Clause FIRST, upon such termination the remaining principal of such trust shall
Entities connected to both Southern Trust Company and ALEXANDER SAMUEL BLACK
Leon Black
PERSON
JPMorgan Chase
ORGANIZATION
Samantha Power
PERSON
Barry Diller
PERSON
Michael Cohen
PERSONIRREVOCABILITY
ORGANIZATIONJOSHUA MAX BLACK
PERSONReliance
ORGANIZATIONBENJAMIN ELI BLACK
PERSONStandard & Poor's
ORGANIZATIONSettlor
ORGANIZATIONRemainder Interests
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONthe Uniform Transfers to Minors Act
ORGANIZATIONTrust Fund
ORGANIZATIONthe Settlor's Children
ORGANIZATIONTrusts
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONthe Jurisdictional Change
ORGANIZATION