Stronach Trust definition

Stronach Trust means certain trusts existing under the laws of the Province of Ontario, and their successors, of which Mr. Frank Stronach and certain members of his immediate family are trustees and members of the class of potential beneficiaries;
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Examples of Stronach Trust in a sentence

  • The exercise of the Option by Stronach Trust shall be made by written notice of exercise of the Option in respect of all but not less than all of the Optioned Shares (the “Notice”) which Notice shall be sent to and be deemed to have been received by B▇▇▇▇▇▇ in accordance with the provisions of section 19 of this Agreement.

  • For value received, B▇▇▇▇▇▇ hereby grants to the Trustees of Stronach Trust, subject to the terms and conditions of this Agreement, the irrevocable right and option (the “Option”) to purchase from B▇▇▇▇▇▇ all the Class A Special Shares held by her at the time of the exercise of the Option (collectively the “Optioned Shares”) at the price of $100.00 for each Optioned Share.

  • For greater certainty, upon the occurrence of a Reversal Event involving F▇▇▇▇ ▇▇▇▇▇▇▇▇, the right of Stronach Trust to exercise the Option shall be fully reinstated until the earlier of (1) the Expiration Date; and (2) the date of the occurrence of the next Transition Event.

  • The Option may be exercised by Stronach Trust, in the manner provided in subsection 9(d) of this Agreement, at any time during the period beginning on the date of this Agreement and ending on the Expiration Date, provided that Stronach Trust’s right to exercise the Option shall be suspended immediately upon the occurrence and shall remain suspended during the continuance of any Transition Event (other than as a result of the death of F▇▇▇▇ ▇▇▇▇▇▇▇▇).

Related to Stronach 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.

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

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

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

  • Trust service provider means a savings bank providing trust services to any other bank, out-of-state bank, national bank, association, or savings bank.