Common use of Trust Administration Clause in Contracts

Trust Administration. Neither Acquiror nor any of its subsidiaries presently exercises trust powers, including, but not limited to, trust administration, and has not exercised such trust powers for a period of at least seven years prior to the date hereof. The term "trusts" as used in this Section 5.24 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror or any of its subsidiaries, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror or any of its subsidiaries is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror or any of its subsidiaries is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror or any of its subsidiaries is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sc Bancorp), Agreement and Plan of Reorganization (Monarch Bancorp)

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Trust Administration. Neither Acquiror nor any of its subsidiaries BAB does not presently exercises exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven three years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror BABANK or any of its subsidiariesa predecessor, as trustee or co-co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror BABANK or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror BABANK or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror BABANK or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 2 contracts

Samples: Agreement and Plan (Greater Bay Bancorp), Agreement and Plan (Bay Area Bancshares)

Trust Administration. Neither Acquiror nor any of its subsidiaries BCS does not presently exercises exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven three years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror BBC or any of its subsidiariesa predecessor, as trustee or co-co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan (Bay Commercial Services)

Trust Administration. Neither Acquiror nor any of its subsidiaries Granite does not presently exercises exercise trust powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven three (3) years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.34 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror Granite or any of its subsidiariesa predecessor, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror Granite or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror Granite or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror Granite or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (CVB Financial Corp)

Trust Administration. Neither Acquiror nor any of its subsidiaries PBC does not presently exercises exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven 3 years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror PBC or any of its subsidiariesa predecessor, as trustee or co-co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror PBC or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror PBC or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror PBC or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Greater Bay Bancorp)

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Trust Administration. Neither Acquiror nor any of its subsidiaries BCS does not presently exercises exercise trust powers, -------------------- including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven three years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror BBC or any of its subsidiariesa predecessor, as trustee or co-co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror BBC or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan (Greater Bay Bancorp)

Trust Administration. Neither Acquiror nor any of its subsidiaries PRB does not presently exercises exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven 3 years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror PRB or any of its subsidiariesa predecessor, as trustee or co-co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror PRB or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror PRB or any of its subsidiaries a predecessor is serving or has served as a co-co- grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror PRB or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan (Greater Bay Bancorp)

Trust Administration. Neither Acquiror nor any of its subsidiaries Kaweah does not presently exercises exercise trust powers, including, but not limited to, --------------------- trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least seven three (3) years prior to the date hereof. The term "trusts" as used in this Section 5.24 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Acquiror Kaweah or any of its subsidiariesa predecessor, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Acquiror Kaweah or any of its subsidiaries a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx de bonis non, administrator xx xxxxx non with de bonis xxx xxth will annexed, or in any similar xxx xxxilar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Acquiror Kaweah or any of its subsidiaries a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or a co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Acquiror Kaweah or any of its subsidiaries a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (CVB Financial Corp)

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