Xxxxx Revocable Trust Sample Clauses

Xxxxx Revocable Trust. Under Agreement Dated November 5, 1988 (the "Beneficiary") hereby certifies to Bankers Trust Company (the "Bank") with respect to the above-referenced standby letter of credit (the "Letter of Credit," the terms defined therein and not otherwise defined herein being used herein as therein defined) in favor of the Beneficiary, that: The Beneficiary has received written notice from the Bank that an Event of Default has occurred under the Letter of Credit Agreement and that the Letter of Credit is to be terminated prior to the Stated Expiry Date and is making a drawing under the Letter of Credit in the amount of USD_____________, which amount is the lesser of (x) the Stated Amount of the Letter of Credit as in effect on the date hereof and (y) the aggregate principal amount outstanding under the Installment Notes, dated September 22, 1995, issued by the Company to the Beneficiary on the date hereof. Upon receipt of the amount demanded under the Letter of Credit, the Beneficiary will apply all of such amount directly to the payment of the outstanding principal of the Installment Notes. Payment of this drawing is required to be made in immediately available funds by wire transfer to the Beneficiary in accordance with the following payment instructions.
AutoNDA by SimpleDocs
Xxxxx Revocable Trust. (Seller) agrees to sell and convey to (Buyer), and Xxxxx agrees to buy from Seller the following property situated in Garnavillo Township, Clayton County, Iowa, containing 99.94 acres, more or less (M/L) and legally described as Part of the SW¼ west of creek Section 14, Township 93 North, Range 4 West of the 5th P.M., subject to survey. , together with any easements and 100 percent of the mineral rights owned by Seller, but subject to any easements of record, zoning restrictions, FSA/NRCS cost sharing agreements and restrictive covenants. The right is reserved to insert the exact legal description as shown by the Abstract of Title.
Xxxxx Revocable Trust. (Seller) agrees to sell and convey to (Xxxxx), and Xxxxx agrees to buy from Seller the following property situated in Xxxx Township, Xxxxxx County, Iowa, containing 65.05 acres, more or less (M/L) and legally described as N½ NW¼ of Section 35, EXCEPT Road Right of Way acquired by the Iowa DOT, in Township 83 North, Range 12 West of the 5th P.M., Benton County, Iowa. Exact legal to come from abstract. , together with any easements and 100 percent of the mineral rights owned by Seller, but subject to any easements of record, zoning restrictions, FSA/NRCS cost sharing agreements and restrictive covenants. The right is reserved to insert the exact legal description as shown by the Abstract of Title.
Xxxxx Revocable Trust. By: By: ------------------------------- -------------------------------- August X. Xxxxx, Xx. August X. Xxxxx, Xx. Executor Successor Trustee AUGUST X. XXXXX, XX., REVOCABLE TRUST ----------------------------------- AUGUST X. XXXXX, XX., individually By: ------------------------------- August X. Xxxxx, Xx. Trustee
Xxxxx Revocable Trust. (1) 33 shares of Class A Voting Common Stock and 3,179 shares of Class B Non-Voting Common Stock of VISTANA CAPITAL HOLDINGS, INC.
Xxxxx Revocable Trust. The Revocable Trust Agreement creating the Xxxxxxx X. Xxxxx Revocable Trust within which the shares of Common Stock to be beneficially owned by Xx. Xxxxxxx X. Adler are held (the "Xxxxx Trust Agreement") (i) has been duly authorized, executed and delivered by all necessary parties, (ii) creates a valid and binding fiduciary relationship under the laws of the State of Florida, (iii) confers upon Xxxxxxx X. Xxxxx (1) all requisite legal right, power and authority to sell such shares of Common Stock as contemplated by this Agreement, (2) all requisite legal right, power and authority to vote such shares in his sole discretion, which right, power and authority is subject to no time limits, and (3) all requisite legal right, power and authority to enter into this Agreement and the applicable Consolidation Agreements on behalf of the Xxxxxxx X. Xxxxx Revocable Trust and the beneficiaries thereunder and to carry out the transactions contemplated hereby and thereby and (iv) is a valid and binding agreement enforceable in accordance with its terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting the rights and remedies of creditors or by general equitable principles. Other than the Xxxxx Trust Agreement, this Agreement, the applicable Lock-Up, Power of Attorney and Custody Agreements, the Subscription Agreement, the Registration Rights Agreement, the Shareholder Option Agreement and the Shareholders' Agreement, there are no agreements relating to the Common Stock held under the Xxxxx Trust Agreement or to any Common Stock owned (beneficially or otherwise) by Xxxxxxx X. Xxxxx or control thereof or otherwise related to such Common Stock. (The JGG Holdings Trust Agreement, the Gellein Trust Agreement and the Xxxxx Trust Agreement are herein collectively referred to as the "Trust Agreements.")
Xxxxx Revocable Trust. Xxx X. Xxxxxxxx Xxx X. Xxxxxxxx, as custodian UTMA fbo Xxxxxx X. Xxxxxxxx Xxx X. Xxxxxxxx, as custodian UTMA fbo Xxxxxx X. Xxxxxxxx, Xx. Xxx X. Xxxxxxxx, as custodian UTMA fbo Xxxx X. Xxxxxxxx Aquiline Financial Services Fund (Offshore) L.P. Aquiline Financial Services Fund L.P. Arena Capital Investment Fund Xxxxxx X. Xxxxxx Xxxxxxx Xxxxx Xxxxxx X. Xxxxxx Revocable Trust Xxxxxxxx X. Xxxxxx Xxxxxxxx X. Xxxxxx Minority Trust Bent Family Foundation Xxxxx X. Xxxxxx Xxxxxx Xxxxx Xxxxx Xxxx Xxxxx X. Xxxx Xxxxx X. Xxxx XXX Xxxxx X. Xxxx XXX Rollover Account C. E. Commander XXX Xxxxx Xxxxxxxx Xxxxxxxx X. Xxxxxx Xxxxxxxx X. Xxxxxx MinorityTrust Xxxxxxx Xxxxx Cedar Street Venture Fund I, X.X. Xxxxxxxx Street Partners Chicago Growth Partners, f/k/a Wilblairco Associates Xxxxx Xxxxxxx Xxxxxxxxxxx Xxxxx Xxxxxx Minority Trust Xxxxx Xxxxxx Credit Suisse/NC Investment Fund, L.P. XX Xxxxxxxxx Investment Fund, L.P. CSFB Private Equity Strategies, L.P. CSFB/Xxxxxx Family Partnership, L.P. CSG Fund Investment Program III, L.P. Xxxx Xxxxxx Xxxx X. Xxxxxxxx XX and Xxxxx X. Xxxxxxxx, TEN ENT Xxxxx X. Xxxxx Xx. Revocable Trust UAD 4-3-02 Xxxxx X. Xxxxx, Xx., as custodian UTMA fbo Xxxxxxx X. Xxxxx Xxxxx X. Xxxxx, Xx., as custodian UTMA fbo Xxxxx X. Xxxxx Xxxxx X. Xxxxx, Xx., as custodian UTMA fbo Xxxxx X. Xxxxx Xxxxx Xxxxxxxxxx Xxxxx X. Xxxxxxx Deal Leaders Funds, L.P. Xxxxxxx X. Xxxxxx Xxxxxxx X. Xxxxxx, as custodian UTMA fbo Xxxxxxxxxxx X. Xxxxxx Xxxxx Xxxxxxxxxxx Diamond Castle Partners IV, L.P. Diamond Castle Partners IV-A, L.P DLJ MB Partners III GmbH & Co. KG DLJ Merchant Banking Partners III, L.P. DLJ Offshore Partners III, C.V. DLJ Offshore Partners III-1, C.V. DLJ Offshore Partners III-2, C.V. Xxxxxxx Xxxxxxxxx DV Properties Inc. Xxxxxx X. Xxxxxxxx Xxxxxxxxx Xxxxxxx Xxxxxxx-Xxxxxxxx Fertosa LLC Xxxxxx Xxxxx Co-Investment Partnership, L.P. Xxxx X. Xxxxxxxxxx, Xx. Xxxxxxxxx Xxxxxxx Xxxx X. Xxxxx Revocable Living Trust Xxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxxxx Xxxxxxxx Xxxx Co-Investment Fund II X.X. Xxxxxxxx Lane Co-Investment Fund L.P. Xxxxxx X. Xxxx and Xxxxx X. Xxxx, JTWROS Xxxxx Investments Corporation Xxxxxx X. Xxxxxx, Xx. Xxxxx X. Xxxx Xxxxx Xxxx XXX Xxxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxx Investment USA Co (formerly 572 982 Ontario) X. Xxx Druce, Cust fbo Xxxxxxxx Xxxxx Xxxxx X. Xxx Xxxxx, Cust fbo Xxxxxxx Xxxxxxx Xxxxx X. Xxx Xxxxx, Cust fbo Xxxxx Xxxxxxxxx Xxxxx X.X. Xxxxxxxx Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxx Xxxxx X. Xxxxxxx, Trustee of the Xxxxx X. Xxxxxxx Revocab...
AutoNDA by SimpleDocs
Xxxxx Revocable Trust. Under Agreement Dated November 5, 1988 (the "Beneficiary") hereby certifies to Bankers Trust Company (the "Bank") with respect to the above-referenced standby letter of credit (the "Letter of Credit," the terms defined therein and not otherwise defined herein being used herein as therein defined) in favor of the Beneficiary, that the principal amount of the [First] [Second] Installment Note has been reduced by $ . ----------------------------- The Bank is hereby instructed and authorized to reduce the Stated Amount of the Letter of Credit by the amount set forth in the preceding paragraph without a drawing under the Letter of Credit.
Xxxxx Revocable Trust. If Jxxxxx X. Xxxxx for any reason fails or ceases to serve as trustee of the Jxxxxx X. Xxxxx Revocable Trust, then the successor trustee or trustees of such trust or of any successor trusts shall serve as Managing Partner. If at any time there is no General Partner serving as Managing Partner, then by majority consent of the General Partners on the basis of their Percentage Interests, the General Partners may appoint one or more of the General Partners to serve as Managing Partner.

Related to Xxxxx Revocable Trust

  • Purchase of Trust Student Loans; Reimbursement A. The Servicer, the Administrator, the Eligible Lender Trustee and the Indenture Trustee shall give notice to the other parties promptly, in writing, upon the discovery of any breach of the provisions of Section 3.1, 3.2, 3.3 or 3.4 which has a materially adverse effect on the interest of the Issuer. In the event of such a material breach which is not curable by reinstatement of the Guarantor's guarantee of such Trust Student Loan, the Servicer shall purchase the affected Trust Student Loan not later than 120 days following the earlier of the date of discovery of such material breach and the date of receipt of the Guarantor reject transmittal form with respect to such Trust Student Loan. In the event of a material breach with respect to such Trust Student Loan which is curable by reinstatement of the Guarantor's guarantee of such Trust Student Loan, unless the material breach shall have been cured within 360 days following the earlier of the date of discovery of such material breach and the date of receipt of the Guarantor reject transmittal form with respect to such Trust Student Loan, the Servicer shall purchase such Trust Student Loan not later than the sixtieth day following the end of such 360-day period. The purchase price hereunder will be the unpaid principal amount of such Trust Student Loan plus accrued interest (calculated using the applicable percentage that would have been insured pursuant to Section 428(b)(1)(G) of the Higher Education Act) plus an amount equal to all forfeited Interest Subsidy Payments and Special Allowance Payments with respect to such Trust Student Loan. The Servicer shall remit the purchase price to the Administrator as provided in Section 2.6 of the Administration Agreement on the date of purchase of any Trust Student Loan pursuant to this Section 3.5. In consideration of the purchase of any such Trust Student Loan pursuant to this Section 3.5, the Servicer shall remit the Purchase Amount in the manner specified in Section 2.6 of the Administration Agreement. Any breach that relates to compliance with the requirements of the Higher Education Act or of the applicable Guarantor but that does not affect such Guarantor's obligation to guarantee payments of a Trust Student Loan will not be considered to have a material adverse effect for purposes of this Section 3.5A.

  • REPURCHASE OF TRUST STUDENT LOANS; REIMBURSEMENT (A) Each party to these Master Terms shall give notice to the other parties promptly, in writing, upon the discovery of any breach of SLM ECFC’s representations and warranties made pursuant to Sections 5(A) and (B) hereof which has a materially adverse effect on the interest of Funding in any Trust Student Loan. In the event of such a material breach which is not curable by reinstatement of the applicable Guarantor’s guarantee of such Trust Student Loan, SLM ECFC shall repurchase any affected Trust Student Loan not later than 120 days following the earlier of the date of discovery of such material breach and the date of receipt of the Guarantor reject transmittal form with respect to such Trust Student Loan. In the event of such a material breach which is curable by reinstatement of the Guarantor’s guarantee of such Trust Student Loan, unless the material breach shall have been cured within 360 days following the earlier of the date of discovery of such material breach and the date of receipt of the Guarantor reject transmittal form with respect to such Trust Student Loan, SLM ECFC shall purchase such Trust Student Loan not later than the sixtieth day following the end of such 360-day period. SLM ECFC shall also remit as provided in Section 2.6 of the Administration Agreement on the date of repurchase of any Trust Student Loan pursuant to this Section 6(A) an amount equal to all non-guaranteed interest amounts and forfeited Interest Subsidy Payments and Special Allowance Payments with respect to such Trust Student Loan. In consideration of the purchase of any such Trust Student Loan pursuant to this Section 6(A), SLM ECFC shall remit the Purchase Amount in the manner specified in Section 2.6 of the Administration Agreement. In addition, if any breach of Sections 5(A) and (B) hereof by SLM ECFC does not trigger such repurchase obligation but does result in the refusal by a Guarantor to guarantee all or a portion of the accrued interest (or any obligation of Funding to repay such interest to a Guarantor), or the loss (including any obligation of Funding to repay the Department) of Interest Subsidy Payments and Special Allowance Payments, with respect to any Trust Student Loan affected by such breach, then SLM ECFC shall reimburse Funding by remitting an amount equal to the sum of all such non-guaranteed interest amounts and such forfeited Interest Subsidy Payments or Special Allowance Payments in the manner specified in Section 2.6 of the Administration Agreement not later than (i) the last day of the next Collection Period ending not less than 60 days from the date of the Guarantor’s refusal to guarantee all or a portion of accrued interest or loss of Interest Subsidy Payments or Special Allowance Payments, or (ii) in the case where SLM ECFC reasonably believes such losses are likely to be collected, not later than the last day of the next Collection Period ending not less than 360 days from the date of the Guarantor’s refusal to guarantee all or a portion of accrued interest or loss of Interest Subsidy Payments or Special Allowance Payments. At the time such payment is made, SLM ECFC shall not be required to reimburse Funding for interest that is then capitalized, however, such amounts shall be reimbursed if the borrower subsequently defaults and such capitalized interest is not paid by the Guarantor. Anything in this Section 6(A) to the contrary notwithstanding, if as of the last Business Day of any month the aggregate outstanding principal amount of Trust Student Loans with respect to which claims have been filed with and rejected by a Guarantor or with respect to which the Servicer determines that claims cannot be filed pursuant to the Higher Education Act as a result of a breach by SLM ECFC or the Servicer, exceeds 1% of the Pool Balance, SLM ECFC (or the Servicer as provided in the Servicing Agreement) shall purchase, within 30 days of a written request of the Eligible Lender Trustee or the Indenture Trustee, such affected Trust Student Loans in an aggregate principal amount such that after such purchase the aggregate principal amount of such affected Trust Student Loans is less than 1% of the Pool Balance. The Trust Student Loans to be purchased by SLM ECFC and the Servicer pursuant to the preceding sentence shall be based on the date of claim rejection (or the date of notice referred to in the first sentence of this Section 6(A)) with Trust Student Loans with the earliest such date to be repurchased first.

  • Investment of Trust Assets The Trustee shall engage the Investment Manager to invest and reinvest the principal and income of the Trust Assets in those investments that are reasonably calculated to preserve the principal value, taking into account the need for the safety and liquidity of principal as may be required to fund Eligible Mitigation Actions and Trust Administration Costs.

  • Payments from Owner Trust Estate All payments to be made by the Owner Trustee under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee is a party shall be made only from the income and proceeds of the Owner Trust Estate and only to the extent that the Owner Trustee shall have received income or proceeds from the Owner Trust Estate to make such payments in accordance with the terms hereof. Wilmington Trust Company or any successor thereto, in its individual capacity, shall not be liable for any amounts payable under this Agreement or any of the Basic Documents to which the Trust or the Owner Trustee is a party.

  • Grantor Trust The Trust is intended to be a grantor trust, of which the Sponsor is the grantor, within the meaning of subpart E, part I, subchapter J, chapter 1, subtitle A of the Internal Revenue Code of 1986, as amended, and shall be construed accordingly.

  • Investments in the Trust Investments may be accepted by the Trust from such Persons, at such times, on such terms, and for such consideration as the Trustees from time to time may authorize. Each investment shall be credited to the Shareholder's account in the form of full and fractional Shares of the Trust, in such Series (or class) as the purchaser shall select, at the net asset value per Share next determined for such Series (or class) after receipt of the investment; provided, however, that the Trustees may, in their sole discretion, impose a sales charge or reimbursement fee upon investments in the Trust.

  • Collateral Trust Agreement This Article 12 and the provisions of each other Security Document are subject to the terms, conditions and benefits set forth in the Collateral Trust Agreement. The Company consents to, and agrees to be bound by, the terms of the Collateral Trust Agreement, as the same may be in effect from time to time, and to perform its obligations thereunder in accordance with the terms therewith.

  • Sale of Trust Assets (a) [Intentionally Omitted].

Time is Money Join Law Insider Premium to draft better contracts faster.