Trusts definition

Trusts shall have the meaning set forth in Section 3.02.
Trusts means real or personal property that is legally held by a person or entity for the benefit of another. This includes, but may not be limited to, express trusts, trusts imposed by court order, trusts administered by the court, and testamentary trusts. Such trusts are subject to Iowa Code chapter 450, even in situations when the estate consists solely of trust property.
Trusts has the meaning set forth in the introductory paragraph hereof.

Examples of Trusts in a sentence

  • The Advisor is hereby expressly put on notice of the limitation of shareholder liability as set forth in the Trust's Declaration of Trust and agrees that the obligations assumed by the Trust or a Fund, as the case may be, pursuant to this Agreement shall be limited in all cases to the Trust or a Fund, as the case may be, and its assets, and the Advisor shall not seek satisfaction of any such obligation from the shareholders or any shareholder of the Trust.

  • The Identified Promoters agree and undertake in favour of the Investor that the Identified Promoters shall not Transfer any Equity Securities in the Company if such Transfer would result in the Identified Promoters, collectively with their Immediate Relatives, Family Trusts and other Affiliates which are 100% owned and controlled by the Identified Promoters, to own Equity Securities {free from Encumbrances) that represent less than 50.1% of the Share Capital of the Company on a fully diluted basis.

  • Subject to the Trust's obtaining the initial and periodic approvals required under Section 15 of the Act, the Advisor may retain one or more sub-advisers, at the Advisor's own cost and expense, for the purpose of managing the investments of the assets of one or more Funds of the Trust.

  • All charges for services and expenses of the Trust's compliance program, including without limitation compensation of the Trust’s Chief Compliance Officer and related staff.

  • The privacy notices are also published on the Trust's and the School's website.


More Definitions of Trusts

Trusts in relation to a charity, means the provisions establishing it as a charity and regulating its purposes and administration, whether those provisions take effect by way of trust or not, and in relation to other institutions has a corresponding meaning.
Trusts means the Plan Trust and the Collateral Trust, collectively.
Trusts has the meaning set forth in the Preamble.
Trusts means the State Street Master Funds and the State Street Institutional Investment Trust.
Trusts as used in this Section 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and BBC or a predecessor, as trustee or co- trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where BBC or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BBC or a predecessor is serving or has served as a co-grantor or a sole grantor or a conservator or co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which BBC or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.
Trusts shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.
Trusts means the trusts established in connection with the Company’s vehicle service contract business or other ancillary product business and required to be Consolidated with the Company and its Subsidiaries under GAAP.