Examples of Funding Trust Agreement in a sentence
Global Funding is a statutory trust, duly formed under Delaware law pursuant to the Global Funding Trust Agreement and the filing of a certificate of trust with the Delaware Secretary of State, which is validly existing and in good standing as a statutory trust under the laws of the State of Delaware.
Global Funding will give the Agents at least three (3) business days' prior notice in writing of any proposed amendment to the Global Funding Trust Agreement and, except in accordance with the applicable provisions of the Global Funding Trust Agreement, not make or permit to become effective any amendment to Global Funding Trust Agreement which may adversely affect the interests of the Agents or any holder of any outstanding Notes without the consent of the affected party.
Funding Trust shall maintain its existence and the Company shall maintain its corporate existence and shall at all times continue to be duly organized under the laws of Delaware, and duly qualified and duly authorized (as described in Sections 2.7(a), (b) and (c) hereof) and shall conduct its business in accordance with the terms of its Certificate of Trust and its Funding Trust Agreement (with respect to Funding Trust) or its Certificate of Incorporation and Bylaws (with respect to the Company).
Funding Trust shall not consolidate with or merge into any Person or transfer all or any material amount of its assets to any Person or liquidate or dissolve except as permitted by the Funding Trust Agreement and as contemplated by the Transaction Documents.
Global Funding will give the Agents at least three (3) business days’ prior notice in writing of any proposed amendment to the Global Funding Trust Agreement and, except in accordance with the applicable provisions of the Global Funding Trust Agreement, not make or permit to become effective any amendment to Global Funding Trust Agreement which may adversely affect the interests of the Agents or any holder of any outstanding Notes without the consent of the affected party.
Neither the existence of the Funding Trust nor the obligation of the Employer to make contributions to the Funding Trust shall be construed to create a conflict with the provisions of this Section 10.1. In the event of any conflict between this Section 10.1 and any other provision of the Plan, the Funding Trust Agreement, or any other documentation related to the Plan or the Funding Trust, the provisions of this Section 10.1 shall prevail.
For all purposes of this Indenture Security Agreement, the Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Articles VI, VII and VIII of the RFS Funding Trust Agreement.
Each party to this Amendment that is a party to the RFS Funding Trust Agreement agrees that Section 1.1 of the RFS Funding Trust Agreement shall be amended as set forth below.