Parent Trust definition

Parent Trust means that certain trust account of Parent with Continental Stock Transfer & Trust Company, acting as trustee, established under the Parent Trust Agreement.
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Parent Trust has the meaning ascribed to it in Section 5.2(d)(i).
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Parent Trust means the trust to be formed under the laws of the Province of Ontario to participate in the Arrangement as contemplated in the Property Exchange Arrangements and Schedule K.
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Examples of Parent Trust in a sentence

  • The Parent Trust Agreement is valid and in full force and effect and enforceable in accordance with its terms and has not been amended or modified.

  • There are no separate Contracts, side letters or other arrangements or understandings (whether written or unwritten, express or implied) that would cause the description of the Parent Trust Agreement in the Parent Reports to be inaccurate or that would entitle any Person (other than any Parent Stockholder who is a Redeeming Stockholder) to any portion of the proceeds in the Parent Trust Account.

  • Prior to the Closing, none of the funds held in the Parent Trust Account may be released other than to pay Taxes and payments with respect to the redemption of any shares of Parent Common Stock required by the Redemption Offer.

  • Parent has performed all material obligations required to be performed by it to date under, and is not in default, breach or delinquent in performance or any other respect (claimed or actual) in connection with, the Parent Trust Agreement, and no event has occurred which, with due notice or lapse of time or both, would constitute such a default or breach thereunder.

  • The Company acknowledges that Parent has established the Parent Trust Account for the benefit of Parent’s public stockholders and that disbursements from the Parent Trust Account are available only in the limited circumstances set forth in the Parent Reports, Parent’s Organizational Documents, and the Parent Trust Agreement.

  • If the sum of the Initial Asset Transfer plus the Benefit Payments exceeds the Pension Plan Asset Transfer Amount, then the SpinCo Trust shall return such excess, which shall accrue interest determined in the manner described above from the date of the Initial Asset Transfer or the date of the Benefit Payment, as applicable, to the date of return, to the Parent Trust relating to the Parent Qualified Pension Plan.

  • There are no Proceedings pending, or to the Knowledge of Parent, threatened in writing with respect to the Parent Trust Account.

  • As promptly as practicable after the Registration Statement shall have become effective, each of Parent, Trust and the Company shall mail the Joint Proxy Statement to its respective stockholders or shareholders.

  • AddressUnit number Street number Street name Suburb State Postcode Country Customer number of nominated investor Date of birth of nominated investor (if applicable) (DD/MM/YYYY) Relationship to youSpouse De facto Parent Trust Child Sibling Business Signature of person or representative of the business or trust nominated above.

  • Each of Parent, Trust and the Company shall use all reasonable efforts to have the Registration Statement declared effective under the Securities Act as promptly as practicable after such filing.


More Definitions of Parent Trust

Parent Trust has the meaning set forth in the introductory paragraph.
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Parent Trust means that certain trust account of Parent with Wilmington Trust, National Association, acting as trustee, established under the Parent Trust Agreement.
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Parent Trust means the Linx Capital Trust, a trust declared and established for charitable purposes under the laws of Jersey, Channel Islands, on 13 April 2023 pursuant to the Parent Trust Declaration.
Sample 1

Related to Parent Trust

  • Parent Trustees means the Trustees elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • relevant trust means a trust established out of funds provided by the Secretary of State in respect of persons who suffered, or who are suffering, from variant Creutzfeldt-Jakob disease for the benefit of persons eligible for payments in accordance with its provisions;

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

  • Real estate investment trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

  • Independent Trustees means the members of the Fund’s Board of Trustees who are not "interested persons" (as defined in the 0000 Xxx) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any agreement relating to this Plan.

  • Delaware Bank has the meaning specified in the preamble to this Trust Agreement.

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.

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

  • Relevant Trustee shall have the meaning specified in Section 8.10.

  • Delaware Business Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time.

  • Delaware Statutory Trust Statute means the provisions of the Delaware Statutory Trust Act, 12 Del. C.ss.3801, et. seq., as such Act may be amended from time to time.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Delaware LLC means any limited liability company organized or formed under the laws of the State of Delaware.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code.

  • Amalgamating Corporations means both of them;

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • Business Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code ss. 3801 et seq., as the same may be amended from time to time.

  • Successor Trust means Continental Airlines Pass Through Trust 1997-4B-S.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

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