TB Trust definition

TB Trust means BTB, Acquisition and Operating Trust, a trust formed under the laws of the Province of Québec pursuant to the TB Contract of Trust.

Examples of TB Trust in a sentence

  • Where BTB makes a distribution in specie of a pro rata number of securities of TB Trust on a redemption of Units pursuant to this Section, the Trustees may, in their sole discretion, designate to the redeeming Unitholders any capital gain or income realized by BTB on or in connection with the distribution of such securities to the Unitholder.

  • The TB (Trust Board) have delegated responsibility for all EOTC matters to the Principal.

  • The Soros Foundation has contributed US$ 200,000 and US$ 250,000 to the Stop TB Trust Fund for two years.

  • Proposed Reorganization BTB anticipates that the process to accomplish this will likely be carried out by liquidating TB Trust into BTB pursuant to Article 15 of the contract of trust of TB Trust.

  • As a result of the liquidation of TB Trust into BTB, all of the properties of TB Trust will be distributed to BTB and BTB will assume all of the debts of TB Trust.

  • It is a public key cryptography (PKC) where user’s public key is constructed based on some unique information about user’s identity.

  • The Bank will continue to maintain a Stop TB Trust Fund at the Bank, as a means to mobilize and channel resources.

  • If the Over-Allotment Option is exercised, BTB REIT will use the additional proceeds (net of the fees payable to the Agents and the expenses of the issuance the additional Units and additional Initial Debentures) received to acquire additional TB Units and Series 1 Notes of TB Trust.

  • Therefore, BTB considers that it would be preferable to reorganize its corporate structure to eliminate TB Trust, with the result that it will hold its real estate portfolio directly or indirectly through certain partnerships, instead of holding the portfolio through TB Trust.

  • Computers and networks where data will bedownloaded and stored will also be password protected.

Related to TB Trust

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • the Trust means the Trust hereby established and which shall be called the Law Society Public Purposes Trust Fund;