Trust Stock definition

Trust Stock means the Trust Originated Preferred Securities issued by the Trust.
Trust Stock means the shares of beneficial interest of the Trust; provided that in the event that all outstanding shares of beneficial interest of the Trust are exchanged for LLC Interests in accordance with the terms of the LLC Agreement, all references herein to "Trust Stock" or "Shares of Trust Stock" shall automatically be deemed to refer to LLC Interests upon such exchange. Other terms defined herein shall have the meanings assigned to them herein, and capitalized terms used herein without definition shall have the meanings ascribed thereto in the Management Services Agreement.

Examples of Trust Stock in a sentence

  • In all other respects, the terms of the revised Stock Trust (Stock Trust A) and Residuary Trust (Residuary Trust A) were the same as those provided in Testator’s Will.

  • The Plan Trust shall exercise voting rights associated with the Plan Trust Stock in furtherance of the liquidation of the Debtors and compliance with the provisions of the Plan.

  • The continuing rights of holders of Equity Interests (including through their interest in the Plan Trust Stock or otherwise) shall be nontransferable except by operation of law.

  • The sole purpose of the Plan Trust shall be to hold the Plan Trust Stock as provided in Section 4.17(b).

  • Vasquez Trust Stock Account, of which the Reporting Person is trustee.


More Definitions of Trust Stock

Trust Stock means the shares of trust stock, each share of trust stock representing one undivided beneficial interest in the Trust, issued by the Trust and outstanding at the relevant time of determination.
Trust Stock means the shares of beneficial interest of the Trust. “USD” means the lawful currency of the United States of America.
Trust Stock means a share representing an undivided beneficial interest in the Trust. Each such interest corresponds to one underlying LLC Interest.
Trust Stock means the shares of beneficial interest of the Trust; provided that in the event that all outstanding shares of beneficial interest of the Trust are exchanged for LLC Interests in accordance with the terms of the LLC Agreement, all references herein to “Trust Stock” or “Shares of Trust Stock” shall automatically be deemed to refer to LLC Interests upon such exchange. Other terms defined herein shall have the meanings assigned to them herein, and capitalized terms used herein without definition shall have the meanings ascribed thereto in the Management Services Agreement.
Trust Stock has the meaning assigned to such term in the recitals.
Trust Stock means the beneficial interests issued by the Trust and outstanding at the relevant time of determination.
Trust Stock means the maximum number of shares of Class A Common Stock deliverable by the Parent Group pursuant to the securities sold by the Trust in the Trust Offering." ; and (vi) to amend clause (iii) of Section 2.2(a) of the Stockholder Agreement to delete the reference to "clause (ii)" and replace it with "clauses (i) and (ii)."