Trust Period Sample Clauses

Trust Period. 2.1 The trust as provided in this Agreement commences from the date that this Agreement is signed and ends when the Actual Shareholders and the Entrusted Shareholders agree to sell the relevant shares. 2.2 Before the listing of ReneSola and thereafter during the lock-up period prohibiting the shareholders or the executives of the company to sell shares that they hold, the Actual Shareholders shall not rescind this Agreement for whatever reason, and shall not request the sale of the Entrusted Shares.
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Trust Period. The Trust Period means the period ending on the earlier of: 2.1 the last day of the period of 100 years commencing on the date hereof, which period and no other shall be the perpetuity period applicable to each trust created hereunder; 2.2 the expiration of twelve (12) months from the date hereof (“IPO Period”) if and provided that the IPO has not occurred or been completed during the IPO Period; 2.3 such date not being earlier than 1 May 2011 on which the Trust Fund ceases (for whatever reason) to comprise of any Class B Shares; or 2.4 such date as Los Laureles (PTC) Limited (the “PTC Co”) may, with the prior or simultaneous written consent of McDonald’s, at any time specify by deed (not being a date earlier than the date of such deed or later than a date previously specified).
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Trust Period. 6.1 Unless otherwise specified in this Contract or this Contract is terminated in accordance with its relevant provisions, the period of this Trust Plan is from 25 August 2014 to 31 December 2019. 6.2 If the trustor/subordinated beneficiary desires to extend the period of this Contract, The trustor/subordinated beneficiary may negotiate in good faith with the trustee at least 30 days before the expiration of the trust period. With the consent of the parties, the trust period can be extended accordingly.
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Trust Period the period of eighty years beginning with the date of this Deed (which period shall be the perpetuity period applicable hereto) or if shorter the period from the date hereof to such date as the Trustees may with the prior written consent of the Company appoint by deed to be the date of expiration of the Trust Period (not being a date earlier than the date of such deed).
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Trust Period. Refers to the trust period prescribed in Article 6 hereof.
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Trust Period. 本信託之存續期間，除雙方另有約定外，係委託人將約定之信託資金首次交付受託人之日起，至依本章第 13 條規定終止本信託之日為止。 Unless otherwise agreed by the parties, the term of the trust shall commence from the date on which trust funds are first transferred and delivered to the Trustee and end on the date on which the trust is terminated pursuant to Item 13 of this Section.
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Trust Period. (1) The trust period shall be as set forth in Attachment 2-1, but the Settlor shall consult with the Trustee prior to the expiration of the Trust Agreement to extend the period if necessary. (2) In the event that the Real Estate on Trust is disposed of prior to the expiration of the trust period set forth in clause (1) at the request of the beneficiaries of this trust, this trust is deemed to expire upon the completion of the registration of the transfer of title to the Real Estate on Trust to a purchaser.
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Trust Period. From the date of entering into the trust date until the expiration date of the Primary Beneficiary's debt (provided that it shall be within 30 years from the date of entering into the trust agreement).
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Trust Period. This Letter of Instructions will become effective on the date of delivery of the Trust Documents to the Trustee, and will terminate upon the occurrence of one or more of the following events, whichever is earliest: 5.1. Upon the transfer of the documents as provided in the above Section 3 (including its subsections); 5.2. After joint written notice, signed by the Seller and the Purchaser, of their wish to terminate the trust arrangement, has been delivered to the Trustee; 5.3. After notice by the Trustee of the trust arrangement’s termination has been delivered to the Seller and the Purchaser. The Trustee’s notice will be delivered to the Seller and the Purchaser at least 30 days before the date of such termination of the trust arrangement. In such circumstances, the Trustee will return the documents to the Seller and the Purchaser pursuant to the provisions of Section 3.2. The period commencing on the date of delivery of the Trust Documents to the Trustee and the entry into effect hereof, and the termination of such period upon the occurrence of the earliest of the events listed in this section above, will heretofore and hereinafter be defined as the “Trust Period”.
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Related to Trust Period

  • Rest Period During each normal work day, Saturdays, Sundays, and shift work, employees will be entitled to two (2) ten (10) minute paid rest periods to be scheduled and observed. When working a four (4) day, ten (10) hour schedule, the rest period will be fifteen (15) minutes each. - one (1) rest period at the mid-way point of the first half of the normal hours of work; - one (1) rest period at the mid-point of the second half of the normal hours of work. Rest period will be measured from ceasing work to commencement of labour and will be taken at a time determined by the employer.

  • Interest Period Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

  • Funding Period The Funding Period, if any, shall not have terminated.

  • Break Period All employees working in full time (7 or 7.5 hour) positions shall be permitted a fifteen (15) minute rest period both in the first half and the second half of a shift.

  • Meal/Rest Periods All nurses shall receive an unpaid meal period of one-half (1/2) hour. Nurses required to remain on duty or in the Hospital during their meal period shall be compensated for such time at the appropriate rate of pay. All nurses shall receive one (1) fifteen

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate or to the extent such Loan bears interest based upon the Base Rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Eurodollar Rate Loans After Default After the occurrence of and during the continuation of a Potential Event of Default or an Event of Default, (i) Company may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan and (ii) subject to the provisions of subsection 2.6D, any Notice of Borrowing or Notice of Conversion/Continuation given by Company with respect to a requested borrowing or conversion/continuation that has not yet occurred shall be deemed to be rescinded by Company.

  • Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when the employee is called in to work on their regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of their regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during their normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • Additional Rest Periods When an employee performs authorized overtime work of at least three (3) hours duration, the Hospital will schedule a rest period of fifteen (15) minutes duration.

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