Epstein Index›Documents›EFTA00742418
⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA00742418: Holder (DS9)

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This document contains legal language discussing trust agreements, preferred unit holders, redemption provisions, and tax implications related to preferred units and trustee authority. The excerpt addresses conditions under which preferred unit holders can force redemption and tax consequences upon transfer or death of the unit holder.

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Excerpt 1
Thus, the agreement reflects that neither the Trustee nor the Preferred Unit **holder** alone can force the redemption of the Preferred Units.
Excerpt 2
taxable estate will not occur until the occurrence of a relevant gift tax election, transfer of the Preferred Unit or the death of the Preferred Unit **holder**
Excerpt 3
Although requiring payment of mandatory preferred payments from unrealized gains also would avoid creation of guaranteed payments, the **holder** would have

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