Trust Beneficiaries definition

Trust Beneficiaries means the Beneficiaries and the Special Beneficiary.

Trust Beneficiaries shall have the same meaning as “Investors” under the Settlement Agreement.)

Trust Beneficiaries has the meaning set forth in the preamble to this Agreement.

Examples of Trust Beneficiaries in a sentence

• Accordingly, Liquidating Trust Beneficiaries shall be treated for United States federal income tax purposes as the grantors and owners of their respective share of Liquidating Trust Assets (other than such Liquidating Trust Assets as are allocable to Disputed Claims).

• In all circumstances, the Liquidating Trustee shall comply with all of the Debtors’ obligations under the Global Settlement Agreement and in accordance with applicable law, and otherwise shall act in the best interests of all Liquidating Trust Beneficiaries and in furtherance of the purpose of the Liquidating Trust.

• The Litigation Trust Beneficiaries will thereafter be treated for U.S. federal income tax purposes as the grantors and deemed owners of their respective shares of the Litigation Trust Assets.

• The Litigation Trust shall be established as a liquidating grantor trust for the purpose of liquidating and distributing the Litigation Trust Assets to the Litigation Trust Beneficiaries in accordance with this Plan and Treasury Regulation Section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business.

• The Litigation Trust Beneficiaries shall be treated for all purposes of the Internal Revenue Code of 1986, as amended, as the grantors of the Litigation Trust and the owners of the Litigation Trust.

More Definitions of Trust Beneficiaries

Trust Beneficiaries means those for whose benefit the school and institutional

Trust Beneficiaries has the meaning set forth in Section 5.2(b)(i).

Trust Beneficiaries means the beneficiaries of the Trust.

Trust Beneficiaries. Recitals "Trust" Recitals "Trustee" Introduction TRUST AGREEMENT This trust agreement ("Agreement") made as of this 12th day of March, 1999 by and between Greyhound Lines, Inc., a Delaware corporation (the "Company"), and LaSalle National Bank, a national bank (the "Trustee").

Trust Beneficiaries means the parties to the Trust Agreement who are “Fideicomitentes-Fideicomisarios” at the date of this Agreement and persons who become parties to the Trust Agreement by virtue of being: (i) Direct Lineal Descendants, including any trusts of which such persons are the sole beneficiaries and (any companies controlled, directly or indirectly, by such persons); or (ii) Trust Successors; or (iii) Trust Company Successors;

Trust Beneficiaries means those for whose benefit the school and institutional trust is managed and preserved, as required by:

Trust Beneficiaries means the holders of the DIP Credit Agreement Claims and the holders of Allowed General Unsecured Claims (or Units received in respect of such claims).