Member Trusts definition

Member Trusts means, with respect to each Sibling Member, (i) the Class B Trusts set forth across from such Sibling Member’s name on Schedule C hereto and (ii) any trust, the income beneficiaries of which are one or more of such Sibling Member and his or her descendants or the current income of which would be required to be distributed to one or more of such persons if any current income of such trust were to be distributed, which becomes a party to this Agreement in accordance with Section 13.5.
Member Trusts means the following trusts (including any successor trusts or legal entities):

Examples of Member Trusts in a sentence

  • Further, the addition of OM to soil increases aggregation, both by providing the carbon and energy for the biological processes involved in aggregation (e.g. production of polysaccharides), and by supplying organic polymers from decomposition to bind soil particles.

  • Notwithstanding anything herein or in the Plan to the contrary, the shares of Restricted Stock are transferable by the Participant to Immediate Family Members, Immediate Family Member Trusts, and Immediate Family Member Partnerships pursuant to Section 13 of the Plan.

  • For these reasons, prior to October 2006, SD membership criteria, as approved by Member Trusts, set the bar for exemption from Full Audit extremely high, with an exemption threshold of £2,350.

  • A checklist and guidelines to assist Member Trusts is included in Appendix 8.

  • If a prospective Candidate sends an inquiry after the stated days or the inquiry is received by WI after the stated days, WI shall have the option of responding to the inquiry and extension of the date of submission of tenders or ignoring itu) Opening of Tender boxes: Windle International Member Trusts shall open all Tenders promptly after the close of submission.

  • In respect of non-specified investments, the following instruments may also be used by the Council.

  • Notwithstanding anything herein or in the Plan to the contrary, all or a portion of the Option is transferable by Optionee to Immediate Family Members, Immediate Family Member Trusts, and Immediate Family Member Partnerships pursuant to Section 13 of the Plan.

  • The Parties intend that WYAAT CIC Members shall report to and consult with their own respective organisations at Board level, (noting that decisions on recommendations made by the CIC will always be made by Boards of Member Trusts) providing the governance assurance that ensures compliance with their regulatory and audit requirements, for organisational decisions relating to, and in support of, the WYAAT Key Principles and facilitating these functions in a timely manner.

  • People from Member Trusts using this documentation and process willingly accept and adhere to the Giftoftruth UnitedTM common-law Express Trust documents, commercial processes, common-law and alternative dispute resolution processes as their own.

  • Member Trusts are subject to the Abundance Centres (UK) membership and licence agreement agreed during their formation and through ongoing renewal processes.

Related to Member Trusts

  • Sponsor shall have the meaning given in the Recitals hereto.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share