Examples of Environmental Custodial Trust Interests in a sentence
The Environmental Custodial Trust Interests shall not be certificated and, subject to applicable law, shall not be transferable.
To the extent the Environmental Custodial Trust Interests are deemed to be “securities,” the issuance of Environmental Custodial Trust Interests under the Debtors’ Plan are exempt, pursuant to section 1145 of the Bankruptcy Code, from registration under the Securities Act of 1933, as amended, and any applicable state and local laws requiring registration of securities.
The Environmental Trust Beneficiaries shall hold all of the Environmental Custodial Trust Interests, which shall entitle the Environmental Trust Beneficiaries to their share of the recoveries with respect to the Environmental Trust Assets in accordance with the terms of the Environmental Custodial Trust Agreement.
In the event the Environmental Trust Trustee dies, is removed or resigns for any reason, as provided in the Environmental Custodial Trust Agreement, the Environmental Trust Advisory Board will designate a successor.(E) Nontransferability of Environmental Custodial Trust Interests The Environmental Custodial Trust Interests will not be certificated and, subject to applicable law, will not be transferable.
In the event that any member of the Environmental Trust Advisory Board dies, resigns or is removed for any reason, the holders of Environmental Custodial Trust Interests will select a replacement member.
The Environmental Trust Beneficiaries shall hold all of the Environmental Custodial Trust Interests, which shall entitle the Environmental Trust Beneficiaries to their share of the recoveries with respect tothe Environmental Trust Assets in accordance with the terms of the Environmental Custodial Trust Agreement.
The Environmental Custodial Trust Interests will not be certificated and, subject to applicable law, will not be transferable.
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