Trust Beneficiaries definition

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

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Trust Beneficiaries means the Beneficiaries and the Special Beneficiary.

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

Examples of Trust Beneficiaries in a sentence

Any Transfer of Trust Beneficiary Rights by First Trust Beneficiaries and/or Second Trust Beneficiary without the consent referred to in the above paragraph will null and have no legal effect whatsoever.
Transfer by means of release and assignment of Shares of each party to the Plan in favor of Trust Beneficiaries identified under the instructions.
Regarding First Trust Beneficiaries, they may only have discretion as to reforms or amendments to terms and conditions hereof affecting them.
Vesta will make available to Trustee records containing the following information in relation to Shares under Trust and the then Trust Beneficiaries, to be attached as Exhibit B to this Agreement, same that may be updated from time to time by delivery by Technical Committee to Trustee substituting and updating such exhibit.
Upon subscription hereof, Trust Beneficiaries expressly acknowledge that the Trust Estate is not nor it be deemed or construed as an employment benefit, as such Trust Estate derives exclusively from a commercial relationship unrelated and independent from the employer-employee relationship that may exist between Trust Beneficiaries, on the one hand, and Vesta Management or respective subsidiaries, or both, on the other.

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 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 is to be understood as, jointly, the First Trust Beneficiaries, Vesta and its respective assignees, beneficiaries, Legitimate Successors, or successors in accordance with this Agreement, as well as any trust beneficiaries that in terms of the provisions of Clause Four and Clause Eleven hereof may adhere to the Trust.

Trust Beneficiaries mean employees of Hua Run Holdings and/or any of its Subsidiaries or such other persons who (i) have been granted share awards pursuant to the Share Award Plan and/or share options pursuant to the Share Option Plan, or (ii) own any shares in Hua Run Holdings at any time after the date of this Agreement, including employees who acquire shares in Hua Run Holdings through any means before Closing.

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).

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").