Held in trust definition
Held in trust means held as private moneys either within a separate account within the associated student body fund or in a trust fund to be disbursed exclusively for an intended purpose.
Held in trust means held as private moneys either within a separate account within the
Held in trust means that although some items will be delivered to and will therefore be in the possession of the Service Provider for the purposes of Auction Services, items will remain the property of the Debtor until any fees due for the sale of the item are cleared in the Client’s bank account.
Examples of Held in trust in a sentence
Money for Security Payments to Be Held in trust............................................
Global Geophysical Services (Isle of Man) Limited (“Global IOM”) 2 Ordinary Shares (Held in trust by Rakestone Limited f/b/o Global Cayman) 100% Isle of Man, UK Global Geophysical Services, Ltd.
The relevant entities’ structure before and after the completion of the Proposed Transactions is illustrated as follows: Hibiscus Petroleum Oceania Hibiscus Sdn Bhd 100% ▇▇▇▇▇▇ 100% Held in trust on behalf of CHPL (as the operator of the joint operating agreement dated 8 January 2013 for the exploration permit VIC/P57).