Trust Period definition

Trust Period means the period ending on the earlier of:

Trust Period means the period of 125 years from the trust’s commencement. This is the perpetuity period of the trust.

Trust Period means (i) with respect to the First Trust, the period from and including the Trust Commencement Date to and including the Trust Termination Date of the First Trust and (ii) with respect to the Second Trust, the period from and including the Trust Commencement Date of the Second Trust to and including the Trust Termination Date of the Second Trust.

Examples of Trust Period in a sentence

• No power conferred on the Trustee shall be exercised so as to conflict with the beneficial provisions of this Settlement and the powers conferred on the Trustee shall be exercisable only during the Trust Period and subject to the application, if any, of the rule against perpetuities.

• The Trust Period means the period of 125 years beginning with the date of this Trust.

• On each Trust Calculation Date during the Trust Period, the Trustee of the First Trust will conduct a calculation of the Trust Assets of the First Trust and calculate the Available Distribution Amount and transfer such Available Distribution Amount from the Trust Collection Ledger to the Expenses Distribution Ledger (or, solely in the case of (g) below, to the Cash Collateral Ledger) in accordance with the following provisions and order.

• The Trustee may, at any time during the Trust Period, specify by deed, in relation to the whole or any part of the Trust Fund, a date for the purposes of clause 1.2(b) of this Settlement.

• If the terms of any revocable appointment have not been revoked at the end of the Trust Period, the appointment will become irrevocable at that time.

More Definitions of Trust Period

Trust Period means the period from the date of this Deed until the Vesting Day;

Trust Period means the period of time required under a Taxation Route for Awards and/or Exercised Shares to be held in Trust in order for the Beneficial Grantee to enjoy the tax benefits afforded under such Taxation Route, as will be applicable for such Taxation Route from time to time.

Trust Period means the period beginning on the date of this settlement and ending on the earlier of

Trust Period means the period of one hundred and twenty five years beginning with the date this Trust Deed is signed.

Trust Period means the period beginning with the Adoption Date and ending

Trust Period means the period of 125 years from the date of this Trust deed.

Trust Period means the period of 125 years commencing with the date of this Trust Deed