Designation of Charitable Beneficiaries. By written notice to the Trustee, the Corporation shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Trust such that the shares of Capital Stock held in the Trust would not violate the restrictions set forth in Article NINTH (b)(1)(i) in the hands of such Charitable Beneficiary.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Walter Industries Inc /New/), Agreement and Plan of Merger (Walter Industries Inc /New/), Agreement and Plan of Merger (Walter Industries Inc /New/)
Designation of Charitable Beneficiaries. By written notice to the TrusteeDisposition Trustees, the Corporation Trust shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Disposition Trust such that the shares of Capital Stock Shares held in the Disposition Trust would not violate the restrictions set forth in Article NINTH (b)(1)(iSection 10(b)(i) in the hands of such Charitable Beneficiary.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Dividend Capital Enhanced Income Fund), Agreement and Declaration (Dividend Capital Strategic Global Realty Fund)
Designation of Charitable Beneficiaries. By written notice to the Charitable Trustee, the Corporation Partnership shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Charitable Trust such that the shares of Capital Stock (i) Units held in the Charitable Trust would not violate the restrictions set forth in Article NINTH (b)(1)(i) in the hands of such Charitable Beneficiary.Ownership Limitation and A-45
Appears in 1 contract
Samples: HMC Merger Corp
Designation of Charitable Beneficiaries. By written notice to the Trustee, the Corporation shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Trust such that the shares of Capital Stock held in the Trust would not violate the restrictions set forth in Article NINTH clause (b)(1)(ib)(i)(A) of this ARTICLE SIXTH in the hands of such Charitable Beneficiary.
Appears in 1 contract
Designation of Charitable Beneficiaries. By written notice to the Trustee, the Corporation shall designate one or more nonprofit organizations to be the Charitable Beneficiary of the interest in the Trust such that the shares of Capital Stock held in the Trust would not violate the restrictions set forth in Article NINTH (b)(1)(iSection 7.2.1(a) in the hands of such Charitable Beneficiary.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Aames Investment Corp)
