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Trust Beneficiary Interests definition

Trust Beneficiary Interests means the Beneficiary Interests and the Special Beneficiary Interest.
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Examples of Trust Beneficiary Interests in a sentence

  • The subject short-term loans were borrowed for acquisitions of three properties (Prologis Park Inagawa 2, Prologis Park Kobe 5 and Prologis Park Ebina 2), all of which are qualified as the Eligible Green Projects, which was described in the press release “Nippon Prologis REIT Announces Acquisition of Domestic Real Estate Trust Beneficiary Interests and Lease Contract with New Tenants” dated November 29, 2021.

  • To allocate the loans below to the acquisition fund of properties (Shinjuku Eastside Square and CIRCLES Hirakawacho), which is stated in the press release titled “Announcement of Acquisition of Domestic Real Estate and Trust Beneficiary Interests in Domestic Real Estate” published today, the repayment of an existing short‐term loan of JPY 3 billion, which was executed on March 24, 2023, and cash on hand.

  • For the description of these properties, please refer to “Notice Concerning Acquisition of Trust Beneficiary Interests in Domestic Real Estate and Leasing of Assets” released by Investment Corporations on April 15, 2016.

  • Borrowing will be conducted to allocate funds for part of the acquisition and the related expenses of the specified assets (as defined in Paragraph 1 of Article 2 of the Act on Investment Trusts and Investment Corporations) scheduled to be acquired on November 21, 2016, as described in “Notice Concerning Acquisition of Trust Beneficiary Interests in Domestic Real Estate and their Leases” dated November 4, 2016.

  • The Borrowing will be made for funding the acquisition cost of Prologis Park Koga 3 and related expenses, which was previously described in the press releases “Nippon Prologis REIT Announces Acquisition of Domestic Real Estate Trust Beneficiary Interests and Lease Contract with New Tenants” dated Feb.

  • The subject short-term loans were borrowed for NPR’s acquisitions of three new properties (Prologis Park Chiba 1, Prologis Park MFLP Kawagoe and Prologis Park Tsukuba 1-B), all of which are the Eligible Green Projects, as summarized below, and were described in the press release “Nippon Prologis REIT Announces Acquisition of Domestic Real Estate Trust Beneficiary Interests and Lease Contract with New Tenants” dated January 17, 2020.

  • Borrowing will be conducted to partly allocate funds for repayment of borrowings totaling 2,500 million yen (Term Loan X) maturing on May 25, 2018 and acquisition of Assets to be Acquired described in “Notice Concerning Disposition and Acquisition of Trust Beneficiary Interests in Domestic Real Estate” separately announced today.

  • As announced in the press release “Notice Concerning Acquisition of the Domestic Trust Beneficiary Interests and Lease Contract with New Tenants” dated today, NPR will acquire new specific assets consisting of five Class-A logistics facilities (the “Five New Properties”) with the aim to achieve further external growth.

  • As stated in the “Notice Concerning Transfer and Acquisition of Real Estate Trust Beneficiary Interests in Japan” announced on December 21, 2023, in connection with acquisition of 30 Sankyo Building, St.Lake Celeb Daikancho and Belle Face Kawaharadori (total acquisition price : 3,662 million yen), the purpose of the acquisition is to fund the acquisition and to partially pay these related expenses.

  • Note: For details, please refer to the press release “Notice Concerning Acquisition of Properties (Itopia Nihonbashi SA Building ・ Ginza 4chome Tower),” dated August 15, 2013 regarding the acquisition of the Trust Beneficiary Interests (Two properties).

Related to Trust Beneficiary Interests

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Grantor Trust means a Trust other than a RIC.

  • Trust Beneficial Owner means Global Funding, in its capacity as the sole beneficial owner of the Trust, and its successors.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Residual Interests As specified in the Preliminary Statement.

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

  • Pecuniary Interest means the opportunity, directly or indirectly, to profit or share in any profit derived from a transaction in securities.

  • Class R-1 Residual Interest The uncertificated undivided beneficial interest in REMIC I which has been designated as the single class of “residual interest” in REMIC I pursuant to Section 2.06.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Trust Interest means an account owner's interest in the trust created by a participating trust

  • Class R Residual Interests The Class R-1 and Class R-2 Residual Interests (which shall be transferable only as a unit evidenced by the Class R Certificates, in accordance with the applicable provisions of Section 5.01).

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • Class R-2 Residual Interest The uncertificated undivided beneficial interest in REMIC II which has been designated as the single class of “residual interest” in REMIC II pursuant to Section 2.11. The Class R-2 Residual Interest, together with the REMIC II Regular Interests, shall be deemed to be a separate series of beneficial interests in the assets of the Trust consisting of the REMIC II Assets pursuant to Section 3806(b)(2) of the Statutory Trust Statute.

  • Initial Beneficiary means ALF LLC, as initial beneficiary under the Titling Trust Agreement and its permitted successors and assigns.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • REMIC I Interests The REMIC I Regular Interests and the Class R-I Certificates.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

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

  • Residual Interest The sole class of "residual interests" in a REMIC within the meaning of Section 860G(a)(2) of the Code.

Most Referenced Clauses

Most Referenced Definitions