📄 Extracted Text (238 words)
to use trust principal for the payment, in whole or in part, of the premiums
becoming due on any or all of such policies, or the interest or principal of
any loans upon any such policy made by the Trustees, but the application of
such sums for such purposes shall be in the sole discretion of the Trustees
and they shall not be required to make such application. The Trustees shall
not be liable for the non-payment of any such premiums or interest, or for
the lapse of any such policy. The Trustees shall be under no obligation to
maintain litigation to collect the proceeds of any such policies unless their
expenses and counsel fees have been advanced or guaranteed in a manner
and amount satisfactory to them.
(p) The Trustees shall continue to have all the powers herein
vested in them until the final distribution of all property in their hands.
EIGHTH
If DARREN K. INDYKE OR LAWRENCE NEWMAN shall
cease for any reason to act as Trustee, the Grantor appoints EVA
ANDERSSON DUBIN and ABIGAIL S. WEXNER, singly and in the order
of priority named, as successor Trustee hereunder. Subject to the foregoing,
the last acting Trustee is authorized to designate an additional Trustee to act
with him or a successor Trustee to act upon the occurrence of a further
411314 I 1I
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0061452
CONFIDENTIAL SDNY_GM_00207636
EFTA01369277
ℹ️ Document Details
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EFTA01369277
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document
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1
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