Beneficial Interests definition

Beneficial Interests means interests arising under contract and other equitable interests;

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Beneficial Interests means the trust beneficial interests to be created under the First Trust Agreement or the trust beneficial interests to be created under the Second Trust Agreement, including the Senior Beneficial Interest and the Subordinated Beneficial Interest.

Beneficial Interests means the beneficial interests in the Trust evidenced by the Trust Certificate.

Examples of Beneficial Interests in a sentence

• Any Trustee may be removed at any time, with or without cause, by Beneficiaries having an aggregate Beneficial Interest of at least a majority of the total Beneficial Interests in the Trust.

• If such a vacancy is not filled by any remaining Trustees within ninety (90) days, the remaining Trustees must notify the Beneficiaries of their inability to fill such vacancy, and the Beneficiaries may, pursuant to Article XII hereof, call a meeting to appoint a successor Trustee by Beneficiaries holding Trust Units representing an aggregate of at least a majority of the total Beneficial Interests in the Trust.

• No transfer, by operation of law or otherwise, of any right, title and interest of the Owners in and to their undivided Beneficial Interests in the Trust Property hereunder shall operate to terminate this Agreement or the trusts hereunder or entitle any successor transferee to an accounting or to the transfer to it of legal title to any part of the Trust Property.

• The Pledged Beneficial Interests constitute the percentage of the beneficial interest of the issuer thereof indicated on Schedule II hereto.

• The Partnership will deliver the certified copy of the List to the Trustee within a reasonable time after the Record Date specifying the Beneficial Interests of each Initial Beneficiary in the Partnership.

More Definitions of Beneficial Interests

Beneficial Interests means collectively: (a) the 2021 Parking Easement; (b) the Loading Dock Easement Agreement; and (c) each other easement or other agreement recorded in the Official Records of The Orange County Clerk-Recorder’s Office, the provisions of which are intended to benefit the Land.

Beneficial Interests means the beneficial interests accrued under this Agreement.

Beneficial Interests any and all shares, interests, participations or other equivalent ownership interests in a trust or other Person and any and all warrants, options or designations to acquire any of the foregoing.

Beneficial Interests means the Trust Beneficial Interests of the Trust.

Beneficial Interests means the 100% beneficial interests held by the relevant Trustors in the Transferring Trusts and Transferring Trust Estate;

Beneficial Interests means 50% of the entire right, title, estate and interest of Beneficiary in and to the License;

Beneficial Interests means the uncertificated beneficial interests in the Liquidating Trust evidencing the right of each Holder of an Allowed Claim that may, or that is entitled to, receive a Distribution from the Liquidating Trust under the terms of this Plan.