Examples of Third Amended and Restated Trust Agreement in a sentence
That certain corporate resolutions that were previously established by entities that will cease to be non-U.S. upstream owners of the Exchange after the Transaction will cease to be considered rules of the Exchange upon Closing; (ii) that certain governing documents of Nasdaq will be considered rules of the Exchange upon Closing; (iii) that the Third Amended and Restated Trust Agreement (the ‘‘Trust Agreement’’) that currently exists among International Securities Exchange Holdings, Inc.
The Trust is governed by the Third Amended and Restated Trust Agreement, dated as of December 31, 2013 (the “Trust Agreement”), among the Sponsor, the Trustee and Wilmington Trust Company (the “Delaware Trustee”).
Subject A had very variable velocity of the wheelchair during the third cycle.
The Trustee, as trustee under the Third Amended and Restated Trust Agreement, dated as of April 1, 2016, by and between the Corporation and U.S. Bank National Association, as trustee, shall transfer such amounts to the Bank Reimbursement Account it holds thereunder.
Administrative Expense Account;(b) On the Closing Date, the Trustee shall deposit in the Base Rental Account all amounts received from the trustee under the Third Amended and Restated Trust Agreement, dated as of April 1, 2016, by and between the Corporation and U.S. Bank National Association, as trustee, consisting of all Base Rental remaining in the base rental account held under said Third Amended and Restated Trust Agreement.
Upon the execution and delivery of the Third Amended and Restated Trust Agreement, the Owner Trustee on behalf of the Trust registered that transfer and issued and delivered to the Beneficiary a certificate of beneficial ownership of the Trust Estate substantially in the form of Exhibit A to the Third Amended and Restated Trust Agreement (the “Prior Trust Certificate”) evidencing the Beneficiary’s beneficial interest in the Trust.
In order to consummate the Transaction, the Exchange proposes to: (i) Amend and restate the Third Amended and Restated Trust Agreement (the ‘‘Trust Agreement’’) that exists among International Securities Exchange Holdings, Inc.
Currently, the Series A Preferred Stock is still held by the PHLX Member Voting Trust pursuant to a Third Amended and Restated Trust Agreement dated February 22, 2007 (‘‘Amended Trust Agreement’’).
However, as explained in Section III infra, due to Grayscale’s failure to obtain contractually required authorizations for certain amendments, the actual currently operative Bitcoin Trust agreement is the Third Amended and Restated Trust Agreement, dated January 1, 2016 (the “Third Amended Bitcoin Trust Agreement”), which is attached as Exhibit 2 hereto.
Wilmington Trust, National Association (the “Trustee”) serves as our sole trustee pursuant to our Third Amended and Restated Trust Agreement (the “Trust Agreement”).