Trust Companies Clause Samples

Trust Companies. 5.1 In the event that you have entered into any form of agreement with Standard Chartered Trust (Cayman) Ltd or Standard Chartered Trust (Guernsey) Limited (hereinafter referred to as “SCTCL” or “SCTGL” respectively and collectively as the “Trust Company”) to act as trustee, nominee or in any other fiduciary capacity for you, then this signed Agreement and (for individuals who wish to send original instruction messages to their Private Banker per the terms of Section 3 of this Agreement) any original instruction messages that you send to the Bank through the Message Centre will be deemed to be your request addressed directly to the Trust Company in its capacity as your trustee, nominee or other fiduciary for you to enrol, access and use the Service on a continuing basis; and you agree that such instruction shall have the same effect as a document with your signature on it sent directly to the Trust Company. 5.2 By signing this Agreement, you represent and warrant to the Trust Company that you consent to the terms and conditions of the Service as described in this Agreement and you authorise the Trust Company to rely upon your consent so that the Trust Company may authorise, in whatever manner the Bank may prescribe, your access and use of the Service and may send or receive messages to and from the Bank under the terms and conditions described in this Agreement while acting as your trustee, nominee or fiduciary. In particular, you understand and agree that information related to your fiduciary relationship with SCTCL is transmitted outside the Cayman Islands using an advanced encryption method known as Secure Socket Layer (“SSL”) and the security of such transmissions although reliable by industry standards is not impregnable. You further authorise the Trust Company to execute any documentation or agreement that may be required by the Bank, now or in the future, in order for the Trust Company to use the Service as your trustee, nominee or fiduciary. 5.3 You acknowledge and understand that the identity of the sender and recipient of emails between you and the Bank, including Email Notifications (as defined in subsection 8.5 of this Agreement) are not encrypted and therefore any third party may be aware that a banking relationship exists between you and a Trust Company. 5.4 By signing this Agreement, you hereby indemnify the Trust Company against any and all claims that may arise in connection with its general use of the service as your trustee, nominee or f...
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Trust Companies. If Purchaser or an Affiliate of Purchaser (i) has submitted an application to form a trust company on or before the six month anniversary of the Closing Date and (ii) been issued a charter for a trust company on or before the 18- month anniversary of the Closing Date, then Seller will pay Purchaser, promptly upon receipt of an invoice, an amount equal to 50% of such trust company’s equity capitalization as of such 18-month anniversary date, but in no event shall Seller pay more than $24,000,000.
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Trust Companies. No member of the BHC Group is or has --------------- been during the past two years required to be registered, licensed or qualified as a trust company under any Applicable Law, or subject to any material liability or disability by reason of any failure to be so registered, licensed or qualified, except for any such failure that could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect on the BHC Group.
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Trust Companies. 5.1 In the event that you are acting in your capacity as trustee, nominee, settlor, investment manager or in any other fiduciary capacity (including as an authorized representative of Standard Chartered Trust (Singapore) Limited or Standard Chartered Trust (Guernsey) Limited) [or you are an entity owned directly or indirectly by a trustee, nominee or other fiduciary], then the Bank may exercise its absolute discretion to limit your use of the Service to viewing information in respect of your accounts, without access to the Message Centre, and you may not be able to send any instructions (including, but not limited to, payment instructions or investment instructions) via the Service.
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Related to Trust Companies

  • DEUTSCHE TRUSTEE COMPANY LIMITED, as trustee (the “Trustee”);

  • Custodial Care Any service or supply, including room and board, which:

  • WELLS FARGO NAME The Adviser a▇▇ ▇▇e Trust each agree that the name "Wells Fargo," which comprises a ▇▇▇▇onent of the Trust's name, is a property right of the parent of the Adviser. The Trust agrees and consents that: (i) it will use the words "Wells Fargo" as a component of ▇▇▇ ▇orporate name, the name of any series or class, or all of the above, and for no other purpose; (ii) it will not grant to any third party the right to use the name "Wells Fargo" for any purpose; (▇▇▇) the Adviser or any corporate affiliate of the Adviser may use or grant to others the right to use the words "Wells Fargo," or any combinatio▇ ▇▇ abbreviation thereof, as all or a portion of a corporate or business name or for any commercial purpose, other than a grant of such right to another registered investment company not advised by the Adviser or one of its affiliates; and (iv) in the event that the Adviser or an affiliate thereof is no longer acting as investment adviser to any Fund, the Trust shall, upon request by the Adviser, promptly take such action as may be necessary to change its corporate name to one not containing the words "Wells Fargo" and following such ▇▇▇▇ge, shall not use the words "Wells Fargo," or any combinatio▇ ▇▇▇reof, as a part of its corporate name or for any other commercial purpose, and shall use its best efforts to cause its trustees, officers and shareholders to take any and all actions that the Adviser may request to effect the foregoing and to reconvey to the Adviser any and all rights to such words.

  • Investment Management Trust Agreement The Company has entered into the Trust Agreement with respect to certain proceeds of the Offering and the Private Placement substantially in the form filed as an exhibit to the Registration Statement.

  • Custody of Partnership Funds; Bank Accounts (a) All funds of the Partnership not otherwise invested shall be deposited in one or more accounts maintained in such banking or brokerage institutions as the General Partner shall determine, and withdrawals shall be made only on such signature or signatures as the General Partner may, from time to time, determine. (b) All deposits and other funds not needed in the operation of the business of the Partnership may be invested by the General Partner in investment grade instruments (or investment companies whose portfolio consists primarily thereof), government obligations, certificates of deposit, bankers’ acceptances and municipal notes and bonds. The funds of the Partnership shall not be commingled with the funds of any other Person except for such commingling as may necessarily result from an investment in those investment companies permitted by this Section 10.2(b).