Purpose Trusts definition

Purpose Trusts means the Purpose High Interest Savings ETF, Purpose US Dividend Fund, Purpose International Dividend Fund, Purpose Global Bond Fund, Purpose US Cash Fund, Purpose Emerging Markets Dividend Fund and Purpose U.S. Preferred Share Fund and “Purpose Trust” means any one of them.
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Purpose Trusts means Purpose Canadian Preferred Share Fund, Purpose Marijuana Opportunities Fund, Purpose Strategic Yield Fund, Purpose Multi-Asset Income Fund and Purpose Global Climate Opportunities Fund, and “Purpose Trust” means any one of them.
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Purpose Trusts means the Purpose Multi-Strategy Market Neutral Fund, Purpose Credit Opportunities Fund and Purpose Select Equity Fund and “Purpose Trust” means any one of them.
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Examples of Purpose Trusts in a sentence

  • Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, EST.

  • Enforcer shall be construed in accordance with section 36 (Non- Charitable Trusts or Purpose Trusts).

  • This time period is to ensure members safely adjust to a change in environmental or physical conditions.

  • The Purpose Trusts Act 2015 provides for the creation and enforcement of trusts whereby the trustees hold property on trust to carry out a specific purpose which is not of a charitable nature.

  • Funding for this project came party from HUB funding and from reinvestment dollars.

  • The commentator also pointed out that a Charitable Purpose Estate’s need to rely on the section 642(c) deduction to achieve this result (and thus, this inconsistency between Charitable Purpose Trusts and Charitable Purpose Estates) could have an inadvertent and adverse impact on both Charitable Purpose Estates and Charitable Purpose Trusts for chapter 1 purposes – specifically, on their decision to make an election under section 645 (a “645 Election”).

  • Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, 36 Est.

  • Non-Charitable Trust (or Purpose Trust) has the meaning given in section 36 (Non-Charitable Trusts or Purpose Trusts).

  • Purpose Trust means a Trust or portion of a Trust created for a purpose which is not a charitable purpose as described in section 36(Non-Charitable Trusts or Purpose Trusts).

  • The District reports the following fiduciary funds: Private Purpose Trusts Fund This fund is used to account for assets held by the District under a trust agreement for individuals, private organizations, or other governments and are therefore not available to support the District’s own programs.


More Definitions of Purpose Trusts

Purpose Trusts means Purpose Canadian Preferred Share Fund, Purpose Marijuana Opportunities Fund, Purpose Strategic Yield Fund, Purpose Multi-Asset Income Fund, Purpose Energy Transition Fund, Purpose Cash Management Fund, Foundation Wealth Equity Pool, Foundation Wealth Income Pool, Foundation Wealth Diversifier Pool, Black Diamond Impact Core Equity Fund and Purpose USD Cash Management Fund and “Purpose Trust” means any one of them.
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Related to Purpose Trusts

  • Income trust means a trust that is not a unitrust.

  • Owner Trust means the trust created by this Agreement.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

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

  • 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;

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

  • state trust land means land owned by the state-

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • 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.

  • 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 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, or any successor legislation.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • 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.

  • 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.

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

  • 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.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

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

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

  • Irrevocable trust means a trust over which no person holds a power of revocation. A power holder's lack of capacity to exercise a power of revocation negates the power of revocation unless an agent of the power holder under a durable power of attorney, a conservator of the power holder, or a plenary guardian of the power holder is serving and the agent, conservator, or guardian is authorized to exercise the power of revocation.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in January of each year, commencing in January 2024.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.