Specific Trust definition

Specific Trust means the trust established by the methods listed in Item (1) of Article 3 of the Trust Act (Act No. 108 of 2006) (limited to those established in a manner of executing a trust agreement set forth in the same Item with the Trust Company, etc.), the trust established by the methods listed in Item (3) of the same Article or any equivalent actions.
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Examples of Specific Trust in a sentence

  • If any such named beneficiary does not survive the Settlor and leaves no surviving children/issue, in such case, then that decedent beneficiary's portion shall be distributed equally to the other surviving beneficiaries named above (or as may otherwise be defined in Paragraph “G” / Specific Trust Directives section, below).

  • As at 30 June 2021, a total of $6,035,793 had been contributed to the Specific Trust Fund, enabling the approval of a total of 24 projects and the overall operations of the Specific International Programme (see figure 2 for the fundraising status and breakdown by donor as at 30 June 2021).

  • The secretariat function for the Specific International Programme is provided by the secretariat of the Minamata Convention, including strategic, programmatic, legal, scientific, technical, communication, financial and administrative secretariat services and functions provided to the Governing Board, the Specific International Programme and its Specific Trust Fund, the project managers implementing approved projects and the applicants to the various Programme application rounds.

  • Specific Trust Authority Grant conditions are found in the individual grant agreements.

  • The representative of the secretariat provided an update on the contributions and pledges received and the expenditures of the Specific Trust Fund as at 15 November 2020.

  • General Church Property, this term shall encompass property, both real and personal, that is used or subject to use for Church purposes and that may not fall within the definition of Specific Trust Property.

  • The Domestic Entity and the Key Holder shall have entered into an agency agreement in respect of the Specific Trust Contracts, in the form as referred to in paragraph 4 of Part C of Exhibit F.

  • As we stated, we have modeled Specific Trust and we have clearly eliminated the notion of general trust.

  • The report includes information on support provided by the secretariat to the Programme, membership and work of the Governing Board, the third round of applications to the programme, the status of the Specific Trust Fund, and the status of implementation of projects funded in the first round and second round of applications.

  • The Specific Trust Fund did not cover any portion of the salaries of officers of the secretariat of the Minamata Convention who provide secretariat services for programme operation and administration.

Related to Specific Trust

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

  • Public trust or “trust” means the common law public trust for commerce, navigation, and fisheries.

  • REMIC Trust means a “real estate mortgage investment conduit” within the meaning of Section 860D of the Code that holds the Note.

  • Terms of a trust means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust instrument or as may be established by other evidence that would be admissible in a judicial proceeding.

  • 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.

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

  • Specific local tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572, the commercial redevelopment act, 1978 PA 255, MCL 207.651 to 207.668, the technology park development act, 1984 PA 385, MCL 207.701 to 207.718, and 1953 PA 189, MCL 211.181 to 211.182. The initial assessed value or current assessed value of property subject to a specific local tax shall be the quotient of the specific local tax paid divided by the ad valorem millage rate. However, after 1993, the state tax commission shall prescribe the method for calculating the initial assessed value and current assessed value of property for which a specific local tax was paid in lieu of a property tax.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Special needs trust means a trust the trustee believes would not be considered a resource for purposes of determining whether a beneficiary with a disability is eligible for governmental benefits.

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

  • Public Trustee means the Public Trustee under the Public Trustee Act 1941;

  • 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.

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor 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.

  • 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.

  • (c) (iii) Quarter’ means a three-month period commencing on January 1, April 1, July 1 or October 1 in a calendar year."

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

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

  • Special Purpose Provisions has the meaning specified in Section 11.02 of the LLC Agreement.

  • Grantor Trust Provisions Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

  • Trust Funds means any cash or Permitted Investments comprised of (a) funds specially and exclusively used (i) for payroll and payroll taxes and other employee benefit payments to or for the benefit of employees of Loan Parties and their subsidiaries, (ii) to pay all taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof)) and (b) any other funds which any Loan Party holds on behalf as an escrow or fiduciary for another person (other than another Loan Party).

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.