Examples of Trust Fund or Funds in a sentence
Should any of the Trust Funds merge into or with another jointly-administered Trust Fund or Funds, then the Trust Agreement resulting as a consequence of that merger shall automatically be incorporated herein and made a part of this Agreement.
The trustees’ authority, in this respect, shall be limited to the power to prepare and recommend agreements to consummate the same and to recommend the transfer of the monies and properties of the said Trust Fund or Funds to any successor trust.
The trustees' authority, in this respect, shall be limited to the power to prepare and recommend agreements to consummate the same and to recommend the transfer of the monies and properties of the said Trust Fund or Funds to any successor trust.
The disbursement of any monies from the Trust Fund or Funds (as defined in the Trust Agreement and referred to collectively herein as “Accounts”) shall only be made by BTC as provided for and in accordance with the terms of the Trust.
The trust account created hereunder (“Trust Account”) shall be segregated into one or more sub-accounts: a Principal Trust Fund and, if necessary, a Make-up Trust Fund or Funds.
Option #2: Establishing a Trust Fund, or Funds Held in Trust (non tax-receipting): The sponsoring CG may alternatively determine that a ‘trust fund’ or ‘funds held in trust’ is a better option for their funding collection purposes when working with a co-sponsor.
Should any of the Trust Funds merge into or with another jointly- administered Trust Fund or35Funds, then the Trust Agree- ment resulting as a consequence of that merger shall au- of the Trust Funds merge into or with another jointly- administered Trust Fund or Funds, then the Trust Agree- ment resulting as a consequence of that merger shall au- tomatically be incorporated herein and made a part of this Agreement.
Trust Fund or Funds means the total amount of contributions made by the Participants and the Company together with the net earnings on them, that will be used to provide the benefits to Participants and their Beneficiaries under the Plan.Trustee means the Trustee of the Trust and any successor Trustee as appointed in the Trust Agreement.
Article 14.01 of the trust agreement provides that the trust “shall cease and terminate … [i]n the event the Trust Fund or Funds shall be inadequate to carry out the intent and purposes of [the] Trust, or to meet the payments due or to become due under this Trust.” Plaintiff’s Exh.
Each Trust shall be funded as provided for in Sections 4.5, 4.6, 4.7 and 4.8. Each Trust shall be segregated into one or more sub-accounts: a Principal Trust Fund and, if necessary, a Make-up Trust Fund or Funds.