Terms of the trust definition

Terms of the trust means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust instrument, as may be established by other evidence that would be admissible in a judicial proceeding, or as may be established by court order or nonjudicial settlement agreement.
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Terms of the trust means the manifestation of intention of the settlor with respect to the trust expressed in a manner that admits of its proof in judicial proceedings.
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Terms of the trust means the written or oral terms of a trust or any other terms applicable under its proper law;
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Examples of Terms of the trust in a sentence

  • Terms of the trust account Preamble Subject to compliance with laws and the Bank's policies, the Applicant may instruct the Bank, whether in person or through other means agreed, to activate the opened trust account, and commence using it with immediate effect once the Applicant receives confirmation from the Bank.

  • For ex- ample, each spouse must sign the QSST election, continue to be a U.S. citizen or resident, and continue to file joint returns for the entire period that the QSST election is in effect.(ii)(A) Terms of the trust and applicable local law.

  • Terms of the trust requiring that if there are 2 or more trustees serving they must act by agreement or by any majority or percentage consensus may not be construed to prohibit the remaining trustee or trustees from exercising the power to convert.

  • Terms of the trust requiring that if there are 2 or more trustees serving they must act by agreement or by any majority or percentage consensus may not be construed to prohibit the remaining trustee or trustees from possessing or exercising the power to make the adjustment.[PL 2017, c.

  • Policemen assigned shall be subordinate to and supervised and guided by the Prosecutor-General.

  • As part of the process the NCCA published the Draft Primary Curriculum Framework for consultation in February 2020.

  • Terms of the trust require a bond unless trustee is a bank or trust company licensed to do trust business in NC 2.

  • Terms of the trust [97] While the parties agree that under trust law a fundamental obligation rests on the trustee/s to adhere to the terms of the trust, they are wide apart about the terms on which the Cathedral is held by the CPT.

  • Pros and Cons• Trustees maintain control of the shares• Terms of the trust usually provide wide discretion to the trustees to allocate income and capital among the family members Inter-corporate dividends • Expanded anti-avoidance rule in s.

  • Terms of the trust ¶39 Rita’s final argument concerning the trust is that the court failed to provide details on how the trust is to be managed.


More Definitions of Terms of the trust

Terms of the trust means the manifestation of the
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Terms of the trust means the manifestation of the settlor's intent regarding a trust's provisions as expressed in the trust document or as established by other evidence that would be admissible in court.
Sample 1
Terms of the trust means the manifestation of the settlor’s intent regarding a trust’s provisions as expressed in the trust instrument, as may be established
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Related to Terms of the trust

  • 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.

  • Custodial Agreement An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

  • 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;

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

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

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • 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;

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Standard Terms and Conditions or “Standard Terms” means these terms and conditions for the grant of the Loan to the Borrower by ABFL.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Master Indenture means this Master Trust Indenture, as amended and supplemented from time to time in accordance with the provisions hereof.