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

  • Stronach and Ms. Stronach, together with two other members of the Stronach family, are trustees and members of the class of potential beneficiaries of the Stronach Trust.

  • Mr. Frank Stronach, the founder and Chairman of Magna, and certain members of his immediate family, are the trustees of the Stronach Trust and are members of the class of potential beneficiaries of the Stronach Trust.

  • The shares held indirectly by the Stronach Trust would represent an equal equity ownership and voting interest of 7.4%.

  • The Stronach Trust has disclosed in the Circular that it is content with the status quo if the Proposed Transaction does not proceed.

  • The Stronach Trust, indirectly, owns all of the 726,829 issued and outstanding Class B Shares, representing approximately 66% of the total votes attached to Magna’s issued and outstanding voting securities.

  • The Stronach Trust indirectly holds shares which represent an approximately 92.4% voting interest in M Unicar, which controls Magna through the right to direct the votes attaching to 100% of our Class B Shares and approximately 0.5% of our Class A Subordinate Voting Shares.

  • The Stronach Trust indirectly controls Magna through the right to direct the votes attaching to 100% of our Class B Shares.

  • The Stronach Trust took positions with respect to its participation in the Proposed Transaction that it was perfectly entitled to take.

  • The Stronach Trust has legal and effective control of Magna through its indirect ownership of all the outstanding Class B Shares.

  • The only step in the plan of arrangement, out of seventeen steps, that does not relate to an issuer bid was the step that required the Stronach Trust to enter into the E-Car Partnership.

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.

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

  • Smart In accordance with the District’s agreement with FAU, SMaRT (Substituting with Mentors and Realistic Teaching) students will be used as substitute teachers in lieu of regular county substitute teachers. Lesson plans, seating charts and other related materials will be prepared and provided to SMaRT students in the same fashion and manner as required for a regular county substitute teacher. Use of a SMaRT student substitute in a classroom as proposed to regular county substitute will not create any additional procedures, preparations or work for the classroom teacher. The signed contract between FAU and District regarding these programs shall not be in conflict with parameters of this agreement.

  • 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;

  • 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.

  • Grantor Trust means a Trust other than a RIC.

  • DCFS means COUNTY’s Department of Children and Family Services.

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

  • Blind Trust means an independently managed trust in which the employee-beneficiary has no management rights and in which the employee-beneficiary is not given notice of alterations in or other dispositions of the property subject to the trust.

  • Pass Through Trust means each of the two separate pass through trusts created under the Pass Through Trust Agreements.

  • Real estate investment trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

  • Deputy compact administrator means: the individual, if any, in each compacting state appointed to act on behalf of a Compact Administrator pursuant to the terms of this compact responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Dreyfus means The Dreyfus Corporation and its affiliates, including Dreyfus Service Corporation.

  • Mortgage Security Trust Fund As to any Mortgage Security, the trust fund in which such Mortgage Security evidences a fractional undivided interest. New York Presenting Agent: State Street Bank and Trust Company, N.A., with its offices at 00 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or such other office within the Borough of Manhattan, City of New York, State of New York, as Xxxxxx Mae may appoint by notice to the Trustee.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Pass Through Trusts means all of such Pass Through Trusts. Pass Through Trustee. First Security Bank, National Association, a national banking association, in its capacity as Pass Through Trustee under the Pass Through Agreement and each Pass Through Trust.

  • Ref means the Article is based with variations in the cited regulation.

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

  • ABS means asset-backed securities.

  • CSAM or "Credit Suisse" (or any combination thereof).

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes: