Contribution to the Trust Sample Clauses

Contribution to the Trust. Amounts may be contributed by the Plan Sponsor to the Trust at the sole discretion of the Plan Sponsor.
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Contribution to the Trust. (a) The date on which the MOC TWE Contribution and the Trust 1|2 Conversion were|was completed |(i.e., the date hereof) is referred to in this Agreement as the “Contribution Date”.
Sample 1
Contribution to the Trust. For the purpose of guaranteeing (i) the negative covenants provided for in Section 2.4 above, (ii) the obligation of the Strategic Partner not to vote more than 10% (ten percent) of the Shares, and that the Shares exceeding such percentage are voted in the same manner as a majority of the Shares into which the capital stock of the Holding Company is divided, and (iii) the obligations set forth in the Technical Assistance Agreement, the Strategic Partner, the Holding Company and the Trustee agree to execute on this date the Trust Agreement, in which the Trustee shall act as such, the Strategic Partner shall act as trustor and first beneficiary, and the Holding Company shall act as second beneficiary. By virtue of such Trust Agreement, the Strategic Partner shall contribute the Shares Package to the Trustee, so that such shares are kept in the Trust. Likewise, the obligation of the Strategic Partner to contribute the Optional Shares it may acquire to the Trust shall be set forth.
Sample 1
Contribution to the Trust. Amounts may be contributed by the Corporation to the Trust at the sole discretion of the Corporation.
Sample 1Sample 2
Contribution to the Trust. (a) The date on which the Trust 2 Conversion was completed (i.e., the date hereof) is referred to in this Agreement as the "Contribution Date".
Sample 1
Contribution to the Trust. In order to guarantee (i) the negative covenants foreseen in Section 2.4 above, and (ii) the obligations foreseen in the Technical Assistance Agreement, the Strategic Partner, the Controlling Company and the Trustee, agree to enter into the Trust Agreement, in which the Trustee shall act as such, the Strategic Partner shall act as settlor and first place beneficiary and the Controlling Company shall act as second place beneficiary. By virtue of such Trust Agreement, the Strategic Partner shall transfer to the Trustee the Shares Package so that they [the shares] are kept in the Trust. In like manner, the obligation shall be established for the Strategic Partner to transfer to the Trust the Optional Shares that it may eventually acquire".
Sample 1
Contribution to the Trust. (a) The date on which the MOTH TWE Contribution and the Trust 3 Conversion were completed is referred to in this Agreement as the "Contribution Date".
Sample 1
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Contribution to the Trust. Following the date of this Agreement and during the Trust Term (as defined in Section 3), the Trust shall have legal and record ownership, of the initial assets consisting of $10 contributed by the Grantor (the “Trust Assets”). Except as provided herein, no other property may be contributed to the Trust by any party without the prior written agreement of the Operating Trustees.
Sample 1

Related to Contribution to the Trust

  • Initial Contribution The member agrees to make an initial contribution to the Company of $____________.

  • Initial Capital Contribution of Trust Estate As of the date of the Original Trust Agreement, the Seller sold, assigned, transferred, conveyed and set over to the Owner Trustee the sum of $1. The Owner Trustee hereby acknowledges receipt in trust from the Seller, as of such date, of the foregoing contribution, which shall constitute the initial Trust Estate and shall be deposited in the Collection Account.

  • Initial Capital Contribution of Owner Trust Estate The Transferor hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the sum of $1.00. The Owner Trustee hereby acknowledges receipt in trust from the Transferor, as of the date hereof, of the foregoing contribution, which shall constitute the initial Owner Trust Estate and shall be deposited in the Certificate Distribution Account. The Transferor shall pay organizational expenses of the Issuer as they may arise or shall, upon the request of the Owner Trustee, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.

  • Payments from Owner Trust Estate All payments to be made by the Owner Trustee under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trustee shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee is a party.

  • Capital Contributions Distributions 17 TABLE OF CONTENTS (continued)

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Initial Capital Contribution The initial Capital Contribution of the Original Member as of the date of this Agreement will be $ .

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