Corpus of the Trust definition

Corpus of the Trust means the initial capital and any other contribution in cash or kind received by the Trustee Company from tile Settlor or subsequent additions, accretions and contributions to the corpus of the Mutual Fund for the purpose of the Trust pursuant to Clause2. It shall not include any subscription towards any Scheme made by the Mutual Fund.
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Corpus of the Trust means initial capital and any other consideration in cash or kind received by the Trust from the Settlor or subsequent additions, accretions and contributions to the corpus of the Mutual Fund for the purpose of the Trust in pursuance of Clause II. It shall not include any subscription made towards any Units of Schemes of Reliance Mutual Fund.
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Corpus of the Trust means the money paid or securities delivered by the trustor. (Business & Professions Code Section 7736.)
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Examples of Corpus of the Trust in a sentence

  • Note: Act 17-2019 added this new section] The Secretary of Economic Development and Commerce is hereby authorized, as trustor, to execute a public instrument whereby a trust to be known as the ‘Green Energy Trust,’ shall be created with separate legal personality, private character, perpetual existence, irrevocable and nonprofit, (hereinafter, the ‘Trust’).The Corpus of the Trust shall be composed of the financial resources it receives through allocations or donations from public or private entities.

  • Whereas Founder is desirous of creating a Public Welfare & Charitable Trust with an initial contribution of Rs. ……………………../- ( ) only towards Corpus of the Trust which is declared as the Trust property with a view to promote Educational, Medical Social and Charitable Objectives).

  • When a Complex Trust accumulates income that adds to the Corpus of the Trust, no taxable event occurs.

  • Deposits into the Trust Fund from Cemetery System sales make up the Corpus of the Trust Fund and no part of the Corpus can be expended.

  • The Postal Location of the Trust shall be the principal office of any Agent appointed xxxxxxx and upon whom legal processes against this Trust may be served; and THIRD The Grantor and the Trustee pronounce and agree that the Trustee holds Irrevocable Legal Title over the Corpus of the Trust, to fulfil the objects and purposes for which and for any of which this Trust is formed subject to the powers and provisions set forth herein.

  • The Corpus of the Trust shall be composed of the financial resources it receives through allocations or donations from public or private entities.

  • The Corpus of the Trust and the funds mobilised under various Schemes may be invested in the Securities.

  • A Complex Trust, on the other hand, can legally accumulate income derived from the assets of the Trust on an ongoing basis, adding the income to the Corpus of the Trust rather than distributing the income each year.

  • The author makes an initial contribution of Rs. 25,000/- (Rupees Twenty Five Thousand only) (hereinafter referred to as " Trust Fund " towards the Corpus of the Trust).

  • Gillette, (B) Duty of the Trustee to Conserve the Corpus of the Trust, Center for Biological Diversity, Inc.


More Definitions of Corpus of the Trust

Corpus of the Trust means all monies paid and securities delivered by the trustor. (BPC Section 7736)
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Related to Corpus of the Trust

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Trust Funds means any cash or Permitted Investments comprised of (a) funds specially and exclusively used (i) for payroll and payroll taxes and other employee benefit payments to or for the benefit of employees of Loan Parties and their subsidiaries, (ii) to pay all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof)) and (b) any other funds which any Loan Party holds on behalf as an escrow or fiduciary for another person (other than another Loan Party).

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Administration Account As defined in Section 7.02.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Certificate Administrator Accounts As defined in Section 3.07(a) of this Agreement.

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • Custodial Accounts Each custodial account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Purchasing and Servicing Agreement or Servicing Agreement, as applicable.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • the Trust means the Trust hereby established and which shall be called the Law Society Public Purposes Trust Fund;

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).