Distribution of Trust Sample Clauses

Distribution of Trust. Funds During the Grantor's Lifetime.
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Distribution of Trust. Upon Termination 6 Alterations and Amendments 6 No Authority to Conduct Business 7 THE COMMITTEE 7 Members. 7 Term 8 Acts of Committee. 9 Duties and Powers of the Committee 9 Committee Reports 10 Compensation. 10 Committee May Limit Trustee Actions 11 Authorized Representative. 11 TRUSTEE 12 Designation and Qualification of Trustee and any Successor Trustee(s) 12 Resignation. 12 Compensation. 13 Accounts 13
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Distribution of Trust. Unless otherwise provided in this instrument, the Trust shall continue to be held and administered as a single trust so long as Trustor’s child is alive and under the age of thirty-five (35) years.
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Distribution of Trust. Fund Upon Termination 6
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Distribution of Trust. Prior to or at the Effective Time, the Company shall transfer, distribute or take any other necessary action to transfer or distribute, in a manner that does not require any registration under (and complies in all material respects with) the Exchange Act or any other state, federal or foreign securities laws, the Company’s interest in the AremisSoft Liquidating Trust to the Company Stockholders or to an entity formed to hold such interest for the benefit of the Company Stockholders.
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Related to Distribution of Trust

  • Creation of Trust The Purchaser hereby irrevocably transfers and assigns to the Trustee, and the Trustee hereby accepts the transfer and assignment of, the right to vote and consent for the Purchaser in connection with all of its voting and consent rights and responsibilities as Beneficial Owner of the Subject Shares with respect to the following matters (collectively, the “Voting Matters”):

  • Application of Trust All money deposited with the Trustee pursuant to Section 12.01 shall be held in trust and, at the written direction of the Issuers, be invested prior to maturity in non-callable U.S. Government Obligations, and applied by the Trustee in accordance with the provisions of the Notes and this Indenture, to the payment, either directly or through any Paying Agent as the Trustee may determine, to the Persons entitled thereto, of the principal (and premium, if any) and interest for the payment of which money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law.

  • Application of Trust Funds (a) On each Payment Date, the Paying Agent will distribute to Certificateholders, on the basis of the Percentage Interest evidenced by their Trust Certificates, amounts deposited in the Certificate Distribution Account pursuant to Section 4.06 of the Sale and Servicing Agreement with respect to such Payment Date.

  • Creation of Trust; Name There is hereby created a Trust which shall be known as "SLM Student Loan Trust 2005-2", in which name the Eligible Lender Trustee may conduct the business of the Trust, make and execute contracts and other instruments on behalf of the Trust and xxx and be sued. The Trust shall constitute a statutory trust within the meaning of Section 3801(a) of the Delaware Statutory Trust Act for which the Eligible Lender Trustee has filed a certificate of trust with the Secretary of State of the State of Delaware pursuant to Section 3810(a) of the Delaware Statutory Trust Act.

  • Termination of Trust Section 9.01

  • Administration of Trust The Trustee shall administer the trust of the Indenture and shall perform a substantial part of its obligations relating to each series of Debt Securities and this Indenture at its corporate trust office in the City of New York.

  • VALUATION OF TRUST In addition to each Accounting Date, the Trustee must value the Trust Fund on the following valuation date(s): (Choose (a) or (b))

  • Distribution of Funds Deliver (i) to Seller, or order, the cash portion of the Purchase Price, adjusted for prorations, charges and other credits and debits provided for herein; and (ii) to Buyer, or order, any excess funds delivered to Escrow Agent by Buyer. Such funds shall be delivered by wire transfer or cashier’s check in accordance with instructions for Seller and Buyer; if no instructions are given, Escrow Agent shall deliver such funds by Escrow Agent’s check via overnight courier (or as otherwise requested by the intended recipient) to the appropriate party at the address set forth for notice in this Agreement.

  • Termination of Trust Agreement Section 9.01.

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