Trust Fund or Funds definition

Trust Fund or Funds means the assets of every kind and description held under any Trust Agreement forming a part of the Plan.
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Examples of Trust Fund or Funds in a sentence

  • Should any of the Trust Funds merge into or with another jointly-administered Trust Fund or Funds, then the Trust Agreement resulting as a consequence of that merger shall automatically be incorporated herein and made a part of this Agreement.

  • The trustees’ authority, in this respect, shall be limited to the power to prepare and recommend agreements to consummate the same and to recommend the transfer of the monies and properties of the said Trust Fund or Funds to any successor trust.

  • The trustees' authority, in this respect, shall be limited to the power to prepare and recommend agreements to consummate the same and to recommend the transfer of the monies and properties of the said Trust Fund or Funds to any successor trust.

  • The disbursement of any monies from the Trust Fund or Funds (as defined in the Trust Agreement and referred to collectively herein as “Accounts”) shall only be made by BTC as provided for and in accordance with the terms of the Trust.

  • The trust account created hereunder (“Trust Account”) shall be segregated into one or more sub-accounts: a Principal Trust Fund and, if necessary, a Make-up Trust Fund or Funds.

  • Option #2: Establishing a Trust Fund, or Funds Held in Trust (non tax-receipting): The sponsoring CG may alternatively determine that a ‘trust fund’ or ‘funds held in trust’ is a better option for their funding collection purposes when working with a co-sponsor.

  • Should any of the Trust Funds merge into or with another jointly- administered Trust Fund or35Funds, then the Trust Agree- ment resulting as a consequence of that merger shall au- of the Trust Funds merge into or with another jointly- administered Trust Fund or Funds, then the Trust Agree- ment resulting as a consequence of that merger shall au- tomatically be incorporated herein and made a part of this Agreement.

  • Trust Fund or Funds means the total amount of contributions made by the Participants and the Company together with the net earnings on them, that will be used to provide the benefits to Participants and their Beneficiaries under the Plan.Trustee means the Trustee of the Trust and any successor Trustee as appointed in the Trust Agreement.

  • Article 14.01 of the trust agreement provides that the trust “shall cease and terminate … [i]n the event the Trust Fund or Funds shall be inadequate to carry out the intent and purposes of [the] Trust, or to meet the payments due or to become due under this Trust.” Plaintiff’s Exh.

  • Each Trust shall be funded as provided for in Sections 4.5, 4.6, 4.7 and 4.8. Each Trust shall be segregated into one or more sub-accounts: a Principal Trust Fund and, if necessary, a Make-up Trust Fund or Funds.

Related to Trust Fund or Funds

  • Trust Funds means any cash comprised of (i) funds specifically and exclusively used for payroll Taxes, payroll and other employee benefit payments to or for the benefit of any Loan Party’s or its Subsidiaries’ employees, (ii) all Taxes required to be collected, remitted or withheld (including, without limitation, federal and state withholding taxes (including the employer’s share thereof) and (iii) any other funds (A) which any Loan Party holds on behalf of another Person and (B) which such Loan Party holds as an escrow or fiduciary for such Person.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Trust Fund Expenses shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Member contribution means a contribution under regulation 32;

  • Settlement Funds means moneys allocated to this state from the environmental mitigation trust specified in par. (d) and received by the state from the trustee.

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Member contributions means all amounts paid to ASRS by a member.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Member Account means the regular account and the variable account.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Separate Accounts means the accounts which are to be prepared for each