Transferred Endowment Care Trust Amount definition

Transferred Endowment Care Trust Amount means the amount equal to the aggregate amount transferred to Buyer’s Trustee at the Closing as part of the Initial Trust Delivery in respect of the Endowment Care Funds of the cemeteries included in the Business in accordance with Section 5.5(a), plus (ii) the aggregate amount included in the Final Trust Delivery in respect of the Endowment Care Funds of the cemeteries included in the Business.
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Transferred Endowment Care Trust Amount means the amount equal to the aggregate amount transferred to Buyer’s Trustee at the Closing as part of the Initial Trust Delivery in respect of the Owned Endowment Care Funds of the cemeteries included in the Owned Location in accordance with Section 5.5(a), plus (ii) the aggregate amount included in the Final Trust Delivery in respect of the Owned Endowment Care Funds of the cemeteries included in the Owned Location plus (iii) the aggregate amount held within the NFP Endowment Care Funds as of the time they are made accessible to Buyer.
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Examples of Transferred Endowment Care Trust Amount in a sentence

  • If the Transferred Endowment Care Trust Amount is greater than $43,557,000, then, subject to Section 1.5(e), the Purchase Price shall be increased by, and Buyer shall pay to Seller, the Net Endowment Care Adjustment Amount.

  • A majority of young people find it ‘very’ or ‘fairly important’ that a potential employer has defined social goals (75%) or environmental goals (73%) for the company.can be challenging to develop large digital projects at the scale and with the speed of mainstream businesses.

  • If the Transferred Endowment Care Trust Amount is less than $9,266,000, then, subject to Section 1.6(e), the Purchase Price shall be decreased by, and SCI shall pay to Buyer, the Net Endowment Care Adjustment Amount.

  • If the Transferred Endowment Care Trust Amount is less than $43,557,000, then, subject to Section 1.5(e), the Purchase Price shall be decreased by, and Seller shall pay to Buyer, the Net Endowment Care Adjustment Amount.

Related to Transferred Endowment Care Trust Amount

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Mortgage Loan Group Either Group I or Group II.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Initial Mortgage Loan A Mortgage Loan conveyed to the Trust Fund on the Closing Date pursuant to this Agreement as identified on the Mortgage Loan Schedule delivered to the Trustee on the Closing Date.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Servicer Employee As defined in Section 3.18.

  • 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;

  • Servicer Employees As defined in Section 2.12.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • 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;