Xxxxxx Trusts means the Irrevocable Trust FBO Xxxxx Xxxxxx Xxxxxx u/t/d March 20, 2011 and the Irrevocable Trust FBO Xxxx Xxxxxxxxx Xxxxxx u/t/d March 20, 2011.
Xxxxxx Trusts means the stockholders listed under the heading “ Xxxxxx Trusts” on the Schedule of Other Stockholders.
Xxxxxx Trusts means collectively, the Xxxxxxx X. Xxxxxx Family Trust established under Trust Agreement dated May 25, 1993 for the benefit of Xxxxxxx X. Xxxxxx and the Xxxxxxx X. Xxxxxx Family Trust established under Trust Agreement dated May 25, 1993 for the benefit of Xxxxxxx X. Xxxxxx.
Examples of Xxxxxx Trusts in a sentence
Schedule A of each Xxxxxx Trust Agreement is deleted in its entirety and replaced with Schedule A - Xxxxxx Trusts attached hereto.
Each of the Semlers and the Xxxxxx Trusts, Parent and Purchaser acknowledges and agrees that the Shareholder Indebtedness shall be satisfied in full through offset of the amounts payable under the promissory notes issuable to each of the Xxxxxx Trusts pursuant to Section 2.3(a) for each promissory note in an amount equal to fifty percent (50%) of the full amount of the Shareholder Indebtedness, notwithstanding that the Shareholder Indebtedness is not an obligation of the Xxxxxx Trusts.
Xxxxxx and Xxxxxxxxx Xxxxxx Trusts dated 1/25/85, as Tenants-in-Common, more commonly known as Xxxxx Partners (collectively, "Landlord") Xxxxx X.
Each of the Xxxxxx Trusts expressly acknowledges and agrees that the amount of cash delivered pursuant to this Section 2.3(a) shall be less than the Initial Percentage of the Per Share Merger Consideration (if the CompressAR Net Assets are purchased by Newco) in order to reflect the payment for the CompressAR Net Assets pursuant to Section 7.12.
Anything in this Agreement to the contrary notwithstanding, the Company shall not be liable for indemnification or otherwise for any loss, liability, cost or expense to the extent arising out of Xxxxxx Trust's bad faith, gross negligence or willful misconduct.
More Definitions of Xxxxxx Trusts
Xxxxxx Trusts means the Xxxxxx Group other than Xxxxxx X. Xxxxxx and Xx. Xxxxxx X.
Xxxxxx Trusts has the meaning set forth in the preamble.
Xxxxxx Trusts means The Xxxx Xxxxxx Trust, The Xxxxxx Xxxxxx Trust and The Xxxxx Xxxxxx Trust, collectively.
Xxxxxx Trusts means those trusts that are defined as the “Xxxxxx Trusts” by the Settlement Agreement, as such Xxxxxx Trusts may, after the date of the Settlement Agreement, from time to time be modified as contemplated by the Settlement Agreement or otherwise, and includes, without limitation, any trusts that may succeed (as contemplated by the Settlement Agreement) to part or all of the corpus of one or more of the Xxxxxx Trusts.
Xxxxxx Trusts. (each Person set forth in this subclause (ii) a “Selling Partner” and collectively, the “Selling Partners”), (iii) Xxxxxx Industries #1, LLC, a Texas limited liability company (acting by and through its sole member, Xxx X. Xxxxxx) in the capacity as the Seller Representative (the “Seller Representative”), and (iv) The Xxxxxxx Group, Inc., a Delaware corporation (the “Buyer”).
Xxxxxx Trusts. In Trust for (ITF) and Payable on Death (POD) Account 6 Alaska Uniform Transfer to Minors Act (UTMA) 6 Accounts for Living Trusts 7 Business Accounts 7 Sole Proprietorship 7 Partnership Account 7 Corporate/Association/Limited Liability Company Account 7 Trust Account 7 Estate Account 8 Guardian/Conservatorship Account 8 Representative Payee Account 8 Interest on Lawyer’s Trust Account (IOLTA) 8 Special Documentation 8 Federal Deposit Insurance 8 GENERAL RULES GOVERNING DEPOSIT ACCOUNTS – PART III 8 General Deposit Account Provisions 8 Collection of Items 8 Checks 9 Cash Back on Deposits 9 Stop Payment Orders 9 Post-Dated and Stale Dated Checks 9 Check Stock 9 Deposit of Remotely Created Checks 10 Internet Gambling 10 Insufficient Funds 10 Debit Card Preauthorization Holds 10 Additional Information Concerning Joint Accounts 10 Additional Information Concerning Authorized Signers 10 Statements 10 Your Duty to Examine Your Statements 11 Forgery 11 Return of Cancelled Checks 11 Address 11 Returned or Unclaimed Statements 11 Electronic Statements (E-Statements) 11 Setoff and Security Interest 11 Transfer or Change of Ownership 11 Power of Attorney 11 Fees/Service Charges 12 Authorized, Facsimile, and Multiple Signatures 12 Automated Check Processing 12 Legal Process and Set off against Your Account 12 Payment of Interest 12 Annual Percentage Yield (APY) 12 Deposits 13 Night Depository Service 13 Withdrawal Rules 13 Withdrawal Restrictions 13 Direct Deposits or Withdrawals 13 Death or Incompetence of Depositor 13 Adverse Claims 13 Check Legends 13 Endorsements 14 Endorsement Standards 14 Inability to Provide Legible Endorsements 14 Jury Waiver 14 Jurisdiction and Venue 14 Limitation of Actions 14 Chargeback after Settlement 14 Wire Transfers 14 ACH Debits and Credits 14 Consumer Electronic Check Representment 15 Withdrawal by Remotely Created Checks (RCC) aka Depositor Initiated Drafts (DID) 15 Electronic Conversion (XXX) 15 Unauthorized Withdrawals 16 Important Information about Your Checking Account – Substitute Checks and Your Rights 16 WHEN DEPOSITS ARE AVAILABLE FOR WITHDRAWAL – Part IV 17 FUNDS AVAILABILITY POLICY 17 Longer Delays May Apply 17 Holds on Other Funds (Check Cashing) 17 Special Rules for New Accounts 17 ELECTRONIC FUND TRANSFER DISCLOSURE – Part V 17 YOUR RIGHTS AND RESPONSIBILITIES 17 Consumer Liability 17 Contact in the event of an unauthorized transfer 18 BUSINESS DAYS 18 TRANSFER TYPES AND LIMITATIONS 18 ELECTRONIC FUNDS TRANSFER FEES 18 A...
Xxxxxx Trusts. In Trust for (ITF) and Payable on Death (POD) Account. A Xxxxxx Trust is not a formal trust. If two or more natural persons open an account with the title indicating (a) the funds are held in trust for one or more other persons, without presenting a trust instrument, or (b) the funds are “payable on death” or “POD” to one or more other persons (commonly referred to as either Xxxxxx Trust, POD, or In Trust for Accounts), the Bank will treat the funds as being owned exclusively by the account owners during their lives. Until all account owners pass away, the beneficiary (ies) named on the account has no entitlement to funds on deposit in the account. Each account owner has the right to revoke the trust or POD designation at any time. Upon the death of all account owners, the Bank shall transfer or pay the balance then remaining in the account to the surviving beneficiary (ies) equally (as tenants in common without right of survivorship), subject to the Bank’s right to setoff against the account any debt of any one or more of the deceased account owners up to the amount of the balancing the account at the time of the death of the last account owner. The death of any beneficiary prior to the death of all account owners shall automatically revoke such beneficiary’s interest in the account. Alaska Uniform Transfer to Minors Act (UTMA). The Alaska Uniform Transfers to Minors Act, as it now exists or as it may be amended, will govern all UTMA accounts.