Family Settlement definition

Family Settlement means any settlement or trust under which the only beneficiaries are members of the Family of a holder of "A" Ordinary Shares.
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Family Settlement means, in respect of any member, any trust or trusts (whether arising under a settlement inter vivos or a testamentary disposition by whomsoever made or on intestacy) under which no immediate beneficial interest in the shares in question is, for the time being, vested in any person other than that member and/or his Privileged Relations.
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Examples of Family Settlement in a sentence

  • Thus after demise of ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and as per the Deed of Family Settlement, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ alias ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ (Owner No. 3.1 herein), ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ alias Md. ▇▇▇▇▇▇▇ ▇▇▇▇▇ (Owner No. 3.2 herein), ▇▇▇▇▇ ▇▇▇▇▇▇ alias ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ alias ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ alias ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ (Owner No.

  • By a Deed of Settlement dated 13th December, 1983, registered in the Office of the Sub-Registrar, Cossipur, Dum Dum, in Book No. I, Volume No. 12, at Pages 289 to 296, being Deed No. 298 for the year 1983 (Deed of Family Settlement), ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ executed a Deed of Family Settlement to and in favour of ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ alias ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ (Owner No.

  • AND WHEREAS by a Deed of Partition & Family Settlement dated 12th day of June, 2015, registered in the Office of Sub-Registrar of Bicholim under No. 608/2015 at pages 01 to 40 of Book No. I, Volume No. 1250 dated 15th June, 2015, the Plots bearing ▇▇▇▇ ▇▇▇.

  • This Agreement supersedes all prior agreements and understandings between the parties with respect to the transactions contemplated hereby except that the ▇▇▇▇▇▇▇ Family Settlement Agreement shall not be deemed to be amended by this Agreement and shall remain in full force and effect.

  • A Family Settlement Agreement also known as family compromise agreement is a legal stamped document recording statement by all family members agreeing on common conditions to accept and practice to comply with in respect of foreseeable disputes The agreement requires participation and certificates from all family members to ensure that the agreement is made with the consent of all members and is not made in force or by any fraudulent means.

  • Durwood, a▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ ▇▇▇ ▇989 Trust Exhibit A Family Settlement Agreement Escrow 1992 Durwood, Inc.

  • By a Deed of Family Settlement dated 21st March, 1954 and registered as Being No.2390 in the office of the Sub-Registrar at Alipore (hereinafter referred to as the said Deed of Family Settlement) the Settler therein viz.

  • This Agreement supersedes all prior agreements and understandings between the parties with respect to its subject matter, except that the ▇▇▇▇▇▇▇ Family Settlement Agreement shall not be deemed to be amended by this Agreement and shall remain in full force and effect.

  • At this stage due to intervention of the elders and well- wishers of the parties to this MoU arrived at this Deed of Family Settlement amicably so as to avoid any litigation in future among the family members.

  • This Agreement, the Stock Agreement, the Indemnification Agreement and the Merger Agreement and, with respect to the Family Stockholders, that certain ▇▇▇▇▇▇▇ Family Settlement Agreement dated as of January 22, 1996 contain the entire understanding of the parties with respect to the transactions contemplated hereby.