Trust Year definition

Trust Year. Trust Year" means the period beginning on the date of the Closing (the "Closing Date") and ending on the next following December 31st and on each December 31st thereafter.

Trust Year means the fiscal year beginning July 1 and ending the following June 30 of each year for purposes of the calculation of benefits.

Trust Year means the period beginning on the date hereof and ending on December 31, 1994, and each twelve (12) month period beginning on January 1 and ending on December 31 thereafter.

Examples of Trust Year in a sentence

• Within ninety (90) days following the close of each Trust Year, the Trustee shall prepare a written account of all transactions relating to the Trust and each Fund.

• Each Fund shall be audited at least once during each Trust Year by auditors responsible to the Board of Managers of the Trustee.

• The Trustee will report to the Plan Administrator the net income, gain or losses incurred by each Participant-Directed Account separately from the net income, gain or losses incurred by the general Trust during the Trust Year.

• The Trust Year shall be the period ending December 31, 2023 and the twelve-month period ending on December 31 of each year thereafter (the “Trust Year”).

• The Trustee will report to the Administrative Services Provider the net income, gain or losses incurred by each Participant directed Account separately from the net income, gain or losses incurred by the general Trust during the Trust Year.

More Definitions of Trust Year

Trust Year means the twelve (12) month period beginning each July 1 and ending the following June 30 on which the books and records of the Trust are maintained.

Trust Year means each twelve month calendar year, except the first Trust Year which shall begin on the date first written above and end on December 31, 1992.

Trust Year means the calendar year, on which the books and records of the Trust are maintained.

Trust Year means the fiscal year ending on June 30 of each year.

Trust Year means the fiscal year of the Employer.

Trust Year means the year beginning on January 1 of each calendar year and ending on December 31 of the same calendar year.

Trust Year means (i) initially, the period of time commencing on the Deposit Date and ending on the date that is twelve (12) months later and (ii) subsequently, each successive twelve (12) month period thereafter.