Settlement of the Trust Sample Clauses

Settlement of the Trust i. The Company settles in trust with the Debenture Trustee, a non-refundable sum of ₹ 5,000 (Rupees Five Thousand only) to be utilised towards the expenses of the trust created hereunder. The Debenture Trustee hereby confirms receipt of and accepts the above amount in trust hereby declared and, subject to the terms and conditions of this Deed, agrees to act as trustee for the benefit of the NCD Holders and their successors, transferees, novatees and assignees.
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Settlement of the Trust. The FPT Governments will settle on and pay to the Trustee the sum of $100 for t he purpose of creating and settling the Trust. The Trustee will accept such sum on trust to deal with the same, and all other assets at any time forming part of the Trust Fund, upon the trusts and subject to the terms contained in this Agreement.
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Settlement of the Trust. The Settlor has settled upon the Trustee, and the Trustee acknowledges that the Settlor has settled upon it the sum of XXXX Dollars ($XXX) (the “Original Property”).
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Settlement of the Trust. The Settlor has settled upon the Trustee, and the Trustee acknowledges that the Settlor has settled upon it the sum of ZZZ Dollars ($ZZZ) (the “Original Property”).
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Settlement of the Trust. The Trustee has received the sum of $100 from the legal representatives of the Class Members and the Cloud Class Members for the purpose of settling the Trust (the “Initial Amount”). The Trustee acknowledges receipt of the Initial Amount and agrees to hold the Initial Amount and all other amounts at any time forming part of the Trust Fund upon the trusts and subject to the terms contained in this Agreement and the Settlement Agreement.
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Settlement of the Trust. The Settlor hereby settles upon the Trustees the Settlement Monies and other Trust Property in trust for the collective benefit of the Beneficiaries in common upon the terms set out in this Agreement and all right, title and interest in and to the same is hereby vested in the Trustees for the benefit of the Beneficiaries on the terms set out in this Agreement.
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Settlement of the Trust s conversion obligation that is equal to 100% of the liquidation preference amount of Series C Preferred Shares shall be according to the Liquidation Preference Conversion Settlement Election, if any, already made.
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Settlement of the Trust. The Settlor has settled upon the Trustees, and the Trustees acknowledge that the Settlor has settled upon them the sum of TEN ($10.00) DOLLARS of lawful money of Canada, to the irrevocable intent and effect that the Trustees are to hold same upon and subject to the Trusts hereof.
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Related to Settlement of the Trust

  • Management of the Trust The business and affairs of the Trust shall be managed by or under the direction of the Trustees, and they shall have all powers necessary or desirable to carry out that responsibility. The Trustees may execute all instruments and take all action they deem necessary or desirable to promote the interests of the Trust. Any determination made by the Trustees in good faith as to what is in the interests of the Trust shall be conclusive. In construing the provisions of this Declaration, the presumption shall be in favor of a grant of power to the Trustees.

  • Administration of the Trust Fund Section 4.01

  • Administration of the Trust Section 3.01

  • Replacement of the Trustee (A) Notwithstanding anything to the contrary in this Section 10.07, a resignation or removal of the Trustee, and the appointment of a successor Trustee, will become effective only upon such successor Trustee’s acceptance of appointment as provided in this Section 10.07.

  • Termination of the Trust The respective obligations and responsibilities of the Company, the Guarantor and the Trustee with respect to the Trust shall terminate upon distribution to all Holders of the Certificates and the Trustee of all amounts required to be distributed to them pursuant to this Agreement and the disposition of all property held as part of the Trust Property; provided, however, that in no event shall the Trust continue beyond one hundred ten (110) years following the date of the earliest execution of this Agreement. Notice of any termination, specifying the Regular Distribution Date (or Special Distribution Date, as the case may be) upon which the Certificateholders may surrender their Certificates to the Trustee for payment of the final distribution and cancellation, shall be mailed promptly, upon notice to the Trustee, by the Trustee to Certificateholders not earlier than the 60th day and not later than the 20th day next preceding such final distribution specifying (A) the Regular Distribution Date (or Special Distribution Date, as the case may be) upon which the proposed final payment of the Certificates will be made upon presentation and surrender of Certificates at the office or agency of the Trustee therein specified, (B) the amount of any such proposed final payment, and (C) that the Record Date otherwise applicable to such Regular Distribution Date (or Special Distribution Date, as the case may be) is not applicable, payments being made only upon presentation and surrender of the Certificates at the office or agency of the Trustee therein specified. The Trustee shall give such notice to the Registrar at the time such notice is given to Certificateholders. Upon presentation and surrender of the Certificates, the Trustee shall cause to be distributed to Certificateholders amounts distributable on such Regular Distribution Date (or Special Distribution Date, as the case may be) pursuant to Section 4.02. In the event that all of the Certificateholders shall not surrender their Certificates for cancellation within six months after the date specified in the above-mentioned written notice, the Trustee shall give a second written notice to the remaining Certificateholders to surrender their Certificates for cancellation and receive the final distribution with respect thereto. No additional interest shall accrue on the Certificates after the Regular Distribution Date (or Special Distribution Date, as the case may be). In the event that any money held by the Trustee for the payment of distributions on the Certificates shall remain unclaimed for two years (or such lesser time as the Trustee shall be satisfied, after sixty days' notice from the Company, is one month prior to the escheat period provided under applicable law) after the final distribution date with respect thereto, the Trustee shall pay to each Loan Trustee the appropriate amount of money relating to such Loan Trustee and shall give written notice thereof to the related Owner Trustees and the Company.

  • Establishment of the Trust The Depositor does hereby establish, pursuant to the further provisions of this Agreement and the laws of the State of New York, an express trust to be known, for convenience, as “Deutsche Alt-A Securities, Mortgage Loan Trust, Series 2006-AR2” and does hereby appoint HSBC Bank USA, National Association as Trustee in accordance with the provisions of this Agreement.

  • Expenses of the Trust Other than as provided for in Sections 1 and 3, the Trust shall be responsible for all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operations, whether incurred directly by the Trust or incurred by the Manager on behalf of the Trust (together, “fees and expenses”). Such fees and expenses payable by the Trust shall include, but are not limited to:

  • Cooperation with Agents of the Trust The Adviser agrees to cooperate with and provide reasonable assistance to the Trust, any Trust custodian or foreign sub-custodians, any Trust pricing agents and all other agents and representatives of the Trust, such information with respect to the Funds as they may reasonably request from time to time in the performance of their obligations, provide prompt responses to reasonable requests made by such persons and establish appropriate interfaces with each so as to promote the efficient exchange of information and compliance with applicable laws and regulations.

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