Old Trust definition

Old Trust shall direct its transfer agent to deliver at the Closing (a) to New Trust, a Certificate (1) verifying that the Old Funds' shareholder records contain each Shareholder's name and address and the number of full and fractional outstanding Old Fund Shares, by class, each such Shareholder owns at the Effective Time and (2) as to the opening of accounts on New Funds' shareholder records in the names of the Shareholders and (b) to Old Trust, a confirmation, or other evidence satisfactory to Old Trust, that the New Fund Shares to be credited to each respective Old Fund at the Effective Time have been credited to such Old Fund's account on those records.
Sample 1
Old Trust means the Hunter Valley Conservation Trust constituted under the Hunter Valley Conservation Trust Act 1950;
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Old Trust means the Upper Parramatta River Catchment Trust constituted under the Water Supply Authorities Act 1987;
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Examples of Old Trust in a sentence

  • The Ministry of Education has effectively prohibited corporal punishment by adhering to an old Trust Territory Administration policy.

  • Whether or not the old Trust complied with the mandatory reference scheme should form part of the CQC ‘Well- Led’ inspection.

  • Money in the old Trust Fund immediately before the commencement of this Schedule (other than money covered by subitem (2)) must be transferred to components of the Reserved Money Fund and Commercial Activities Fund that are established by determinations under subsections 20(2) and 21(2) of the Financial Management and Accountability Act 1997.

  • The old Loan Fund and the old Trust Fund are appropriated for the purposes of this item.

  • Florida’s statute provides that the beneficiaries of the new Trust may include only beneficiaries of the old Trust.

  • Registered on 19th July 2019, our 9-month old Trust has three verticals under it.

  • On and from the relevant day, a reference in any other Act, in any instrument made under any Act or in any other instrument of any kind to the old Trust is to be read as a reference to the new Trust.

  • A reference in any Act (other than this Act) or in any instrument made under any Act to the old Trust is to be construed as a reference to the new Trust, unless the context requires otherwise.

  • The Korean Supreme Court recently made a decision on those issues.46 While the decision was made under the old Trust Act, the same logic shall apply unless the trust instrument or the beneficiaries’ approval exists.

  • Exception (2): For Beneficiaries Before the 2011 reform, the old Trust Act allowed the cancelation of a fraudulent trust whether the beneficiary was in good faith or not (the old Sec.


More Definitions of Old Trust

Old Trust has the meaning set forth in the preamble.
Sample 1
Old Trust shall direct the custodian for its assets ("CUSTODIAN") to deliver at the Closing a certificate of an authorized officer stating that (a) the Assets have been delivered in proper form to New Fund within two business days before or at the Effective Time and (b) all necessary taxes in connection with the delivery of the Assets, including all applicable federal and state stock transfer stamps, if any, have been paid or provision for payment has been made. Each of Old Fund's portfolio securities represented by a certificate or other written instrument shall be transferred and delivered by Old Fund as of the Effective Time for New Fund's account duly endorsed in proper form for transfer in such condition as to constitute good delivery thereof. The Custodian shall deliver as of the Effective Time by book entry, in accordance with the customary practices of the Custodian and any securities depository (as defined in Rule 17f-4 under the 1940 Act) in which any Assets are deposited, the Assets that are deposited with such depositories. The cash to be transferred by Old Fund shall be delivered by wire transfer of federal funds at the Effective Time.
Sample 1
Old Trust is a trust operating under a written declaration of trust, the beneficial interest in which is divided into transferable shares, that is duly organized, validly existing, and in good standing under the laws of the State of Ohio, and a copy of its Declaration of Trust is on file with the Secretary of State of Ohio;
Sample 1
Old Trust means the Governors and Assistants to the Governors of Queen Elizabeth’s Grammar School Ashbourne;
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Old Trust means the Melbourne Exhibition Centre Trust abolished by this Act.
Sample 1

Related to Old Trust

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

  • Owner Trust means the trust created by this Agreement.

  • Related Trust Means the Continental Pass Through Trust 2001-1A-1-S, to be formed under the Related Pass Through Trust Agreement.

  • Plan Trust means the trust governed by the Plan.

  • unit trust means any trust established for the purpose, or having the effect, of providing facilities for the participation by persons as beneficiaries under a trust, in profits or income arising from the acquisition, holding, management or disposal of securities or any other property.

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Real Estate Investment Trust means that term as defined under section 856 of the internal revenue code.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • Underlying Trust Means the "Trust Fund" as defined in the Underlying Agreement.

  • Business trust means a trust created for the purpose of making a profit through the combination of capital contributed by the beneficiaries of the trust and through the administration or management of the capital by trustees or a person acting on behalf of the trustees, for the benefit of the beneficiaries;

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Grantor Trust means a Trust other than a RIC.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • IRA means Individual Retirement Account;

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • Mortgage servicer means the mortgagee or a person other than the mortgagee to whom a mortgagor or the mortgagor’s successor in interest is instructed by the mortgagee to send payments on a loan secured by the mortgage. A person transmitting a payoff statement for a mortgage is the mortgage servicer for purposes of such mortgage.

  • Family Trust means, with respect to any natural Person, a trust, limited partnership or limited liability company benefiting solely such individual and/or the Family Members of such individual.