Primary Trust definition

Primary Trust means the Westfield Trust, the Westfield America Trust and any other trust that is a Guarantor from time to time as notified to the Trustee;
Primary Trust means the Westfield Trust or the Westfield America Trust. Reference Date means 30 June and 31 December of each year, the first of which is 30 June 2007.
Primary Trust means the one people trust most in the structures of trust. For example, generally speaking, the structures of “personal trust” include kin; classmates or comrade in arms; colleague; etc. Chinese people trust most is “kin”, that is to say, the people whom Chinese people trust most are those who are family members or relatives (Li Weimin & Liang Yucheng, 2002). “Kin” is the “primary trust” in the structures of “personal trust”.

Examples of Primary Trust in a sentence

  • The cash, cash equivalents, investments at market value of investments and the face amount of surety bond currently held by the Trust in the Primary Trust Account.

  • The amount of such Distribution Payment will be equal to the difference between the Primary Trust Valuation and the Primary Target Valuation, or equal to the Calculated Treatment Cost, whichever is less.

  • Assets of the Capital Improvement Account may be commingled with assets of the Primary Trust Account for purposes of investment, but must be accounted for and reported separately as if they are assets of a separate and distinct fund.

  • A liability arising under or in connection with this Trust Deed can be enforced against a Primary Trustee only to the extent to which it can be satisfied out of property of the Primary Trust out of which that Primary Trustee is actually indemnified for the liability.

  • If at the end of any year the Primary Trust Valuation is greater than the Primary Target Valuation, then a Distribution Payment shall be made to [Operator] in the form of a surety bond reduction of the surety bond(s) identified in Paragraph 6.

  • If the Primary Trust Valuation does not include the value of surety bonds, then Distribution Payments shall be made according to paragraph 7.c. Otherwise, Distribution Payments shall be made according to Paragraph 7.d. and e.

  • The provisions of this Paragraph do not apply if the Primary Trust Valuation includes the value of surety bonds.

  • Surplus funds in the Capital Improvement Account or the Primary Trust Account may be used by the Operator to finance implementation of a new treatment technology, provided the application of such treatment technology is first approved by the Department.

  • Surplus funds in the Capital Improvement Account or the Primary Trust Account may be used by the Operator to pay for unanticipated capital expenditures, or anticipated capital expenditures that exceed the calculated cost of the capital improvement as indicated on Exhibit E.

  • Surplus funds in the Capital Improvement Account shall be transferred to the Primary Trust Account to reduce or completely satisfy [Operator’s] obligation to make a contribution payment under Paragraph 7.g. This amount is depicted graphically at Point 5 on Exhibit C.


More Definitions of Primary Trust

Primary Trust means the Westfield Trust or the Westfield America Trust.

Related to Primary Trust

  • 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.

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

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

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

  • 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.