Share Trust definition

Share Trust means any separate trust created pursuant to Section 1(C) hereof and administered in accordance with the terms of Section 2 hereof, for the exclusive benefit of any Beneficiary.
Share Trust means any separate trust created pursuant to Section 4(a) of this Article V and administered in accordance with the terms of Section 4 of this Article V for the exclusive benefit of any Charitable Beneficiary.
Share Trust means Piedmont Share Trust, a special purpose statutory business trust organized under the law of the State of Delaware.

Examples of Share Trust in a sentence

  • Any dividends (whether taxable as a dividend, return of capital or otherwise) on Excess Shares shall be paid to the Excess Share Trust for the benefit of the Charitable Beneficiary.

  • Any remaining amount in such Share Trust shall be distributed to the Beneficiary.

  • All dividends received or other income earned by the Excess Share Trust shall be paid over to the Charitable Beneficiary.

  • Any dividend or distribution declared but unpaid shall be paid to the Excess Share Trust.

  • Any such dividend paid or distribution paid to the Purported Record Transferee in excess of the amount provided in the preceding sentence prior to the discovery by the Trust that the Shares with respect to which the dividend or distribution was made had been exchanged for Excess Shares shall be repaid to the Excess Share Trust for the benefit of the Charitable Beneficiary.


More Definitions of Share Trust

Share Trust means any separate trust created pursuant to Section 1(B) of Article VIII hereof and administered in accordance with the terms of Section 2 of Article VIII hereof, for the exclusive benefit of any Beneficiary.
Share Trust means the trust settled pursuant to the Share Trust Agreement;
Share Trust means the trust created pursuant to Article VIII, Section 1(B), and administered in accordance with the terms of, Article VIII, Section 2 of the Charter.
Share Trust means the Willxxxx Xxxre Trust, a special purpose statutory business trust created under the law of the State of Delaware for the purpose of holding the Shares.
Share Trust means any separate trust created pursuant to this Article IX Section 1.3 hereof and administered in accordance with the terms of this Article IX Section 2 hereof, for the exclusive benefit of any Beneficiary.
Share Trust means a trust established by the Company to hold Shares on behalf of employees and directors of the Company and its subsidiaries;
Share Trust means El Paso Gemstone Share Trust, a special purpose statutory business trust created under the law of the State of Delaware pursuant to the Original Share Trust Agreement for the purpose of holding the Shares.