Company Trust definition

Company Trust means that certain trust account of the Company with Continental Stock Transfer & Trust Company, acting as trustee, established under the Company Trust Agreement.

Company Trust means the Delaware common law trust to be formed prior to Loan Purchase Closing to acquire certain of the Purchased Assets from the sellers under the Purchase Agreement, for which the Company shall own 100% of the beneficial interests, as directed by the Managing Member.

Company Trust has the meaning set forth in Section 6.14(j)(ii).

Examples of Company Trust in a sentence

• If this Subscription Agreement terminates following the delivery to the Company Trust Account by the undersigned of the Purchase Price, the Company shall promptly (but not later than two Business Days thereafter) return the Purchase Price to the undersigned.

• The undersigned shall deliver to the Company Trust Account, at least four Business Days prior to the Transaction Closing Date specified in the Closing Notice, the Purchase Price, by wire transfer of United States dollars in immediately available funds.

• Such monies are invested solely in United States Government securities or money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act of 1940, as amended, and held in trust by Wilmington Trust, National Association pursuant to the Company Trust Agreement.

• The Company Trust Agreement is valid and in full force and effect and enforceable in accordance with its terms and has not been amended or modified.

• Prior to the Closing, none of the funds held in the Company Trust may be released except (x) to pay income and other tax obligations from any interest income earned in the Company Trust or (y) to redeem Company Shares in accordance with the provisions of Company’s Governing Documents (the “Permitted Releases”).

More Definitions of Company Trust

Company Trust is defined in Section 2.4(c).

Company Trust means the TDL RSU Employee Benefit Plan Trust;

Company Trust means Home Properties Trust, a Maryland real estate investment trust.

Company Trust means any trust (other than the Excess Loss Insurance Trust or the Signature Group Program Insurance Trust) established by the Company for its own administrative convenience in its capacity as an insurer.

Company Trust means any trust established by Principal Life for its own administrative convenience in its capacity as an insurer.

Company Trust means that certain United States-based trust account of the Company maintained by Wilmington Trust, National Association, acting as trustee, established under the Company Trust Agreement.

Company Trust means the Advest Trust business of Frontier Trust Company, FSB, which business was formerly a Subsidiary of the Company prior to its merger with Frontier Trust Company, FSB in 2004.