First Trustee definition

First Trustee. Hermetic Trust (1975) Ltd. that shall serve as Trustee up to the date set forth in clause 2.3 hereafter.

First Trustee shall have the meaning given thereto in clause 5.1;

First Trustee means the Trustee referred to in clause 4.2.1;

Examples of First Trustee in a sentence

• This agreement will allow the First Trustee to relinquish all interest in the Plan and for the Administrator and Custodian to allow the Plan to be re-registered in the name of the Second Trustee who will become the Investor in the Plan on exactly the same terms as the First Trustee.

• Where a pension scheme trustee (“First Trustee”) invests Initial Capital into a Plan and the scheme member to which the Plan relates subsequently transfers to another pension scheme trustee (“Second Trustee”), the Administrator and Custodian will seek to allow the re- registration of the Plan from the First Trustee to the Second Trustee by means of a simple re-registration agreement.

• This agreement will allow the First Trustee to relinquish all interest in the Securities Account and for the Plan Manager to allow the Securities account to be re-registered in the name of the trustee of the Second Scheme who will takeover the Securities Scheme on exactly the same terms as the First Trustee.

• Where a pension scheme trustee (“First Trustee”) invests Initial Capital into a Plan and the scheme member to which the Plan relates subsequently transfers to another pension scheme trustee (“Second Trustee”), the Plan Administrator will seek to allow the re-registration of the Plan from the First Trustee to the Second Trustee by means of a simple re- registration agreement.

• Where a pension scheme trustee (“First Trustee”) purchases a Securities Account and the scheme member subsequently transfers to another pension scheme (“Second Scheme”), we will seek to allow the transfer of the Securities Account from the First Trustee to the trustee of the Second Scheme by means of a simple re-registration agreement.

More Definitions of First Trustee

First Trustee means the First Trustee specified in the schedule

First Trustee means the trustee under the First Trust Agreement.

First Trustee through its legal representative, declares: a).- That, its client is a legally and duly constituted corporation according to the laws of the Commonwealth of the Bahamas, and that it has the faculties necessary, and sufficient to enter the present agreement on behalf of his client, and that said faculties have not been revoked in any form. b).- That it wishes to contribute the sum of US$14'000,000.00 (FOUR HUNDRED MILLION DOLLARS IN LEGAL CURRENCY OF THE UNITED STATES OF AMERICA), to the present Trust, under the terms established in sentence A), fifth clause of this agreement for the only purpose of acquiring the totality of the shares affected in Trust, as long as it makes the aforementioned total payment. III.-

First Trustee means the trustee under the First Trust Agreement. “FOCI” means Foreign Ownership, Control or Influence.

First Trustee. Xxxxxx Xxx Nevo Trusts Ltd.

First Trustee shall have the meaning set forth in the preamble to this Agreement.

First Trustee means Industry-Wide Coal Staff Superannuation Scheme Trustees Limited.