JOINT TRUST Sample Clauses

JOINT TRUST. The Company and the Union met for the purpose of establishing a Joint Trust, and the trusteeship was implemented by June 23, 1989.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
JOINT TRUST. The Company and the Union met for the purpose of establishing a Joint Trust, and the trusteeship was implemented by June The Clause The Agreement is to be amended to give the Company the right to "retire an employee at normal retirement age". In particular, the Agreement is also to contain the following clause: is agreed that the retirement of an employee at normal retirement age, or earlier ifhe exercises such option shall not be a violation of this agreement or of any provincial legislation except as provided for in such legislation." Sincerely, The foregoing is hereby acknowledged and agreed to on behalf of: Vice President, Labour Relations Locals and LETTER OF UNDERSTANDING RE: BENEFITS Xxxxx Director InternationalRepresentative, and Regent Street, Ontario. Dear Sir: This will reconfirm the understanding relating to the currency of the CollectiveAgreement dated August with respect to Group Insurance, Long Term Disability, and Survivor’s Income.
Sample 1
JOINT TRUST. The Company and the Union met for the purpose of establishing a Joint Trust, and the trusteeship was implemented by June The Managements Rights Clause The Agreement is to be amended to give the Company the right to "retire an employee at normal retirement age". In particular, the Agreement is also to contain the following clause: is agreed that the retirement of an employee at normal retirement age, or earlier if he exercises such option shall not be a violation of this agreement or of any provincial legislation except as provided for in such legislation."
Sample 1
JOINT TRUST. The Company and the Union met for the purpose of establishing a Joint Trust, and the trusteeship was implemented by June The Clause The Agreement is to be amended to give the Company the right to "retire an employee normal retirement age". In particular, the Agreement is also to contain the following clause: is agreed that the retirement of an employee at normal retirement age, or earlier if he exercises such option shall not be a violation of this agreement or of any provincial legislation except as provided for in such legislation." Sincerely, Vice President, The foregoing is hereby acknowledged and agreed to on behalf of: Local OF UNDERSTANDING RE: National Representative, CAW Local Alliance Road, MILTON, Ontario. Dear Sir: This will reconfirm the understanding relating to the currency of the Collective Agreement dated February with respect to Group Insurance, Long Term Disability, and Survivor's Income.
Sample 1
JOINT TRUST. The Company and the Union met for the purpose of establishing a Joint Trust, and the trusteeship was implemented by June The Clause The Agreement is to be amended to give the Company the right to "retire an employee at normal retirement age". In particular, the Agreement is also to contain the following clause: is agreed that the retirement of an employee at normal retirement age, or earlier if he exercises such option shall not be a violation of this agreement or of any provincial anti-discriminatory legislation except as provided for in such legislation." Sincerely, The foregoing is hereby acknowledged and agreed to on behalf of Vice President, Labour Relations LETTER OF RE: BENEFITS Xxxxx President, Northern Ontario Joint Council, Northern Ontario Joint Council of the Retail, Wholesale and Department Store Union, District Council of the United Food and Commercial Workers International Union, Regent Street, Ontario. Dear Sir: This will confirm the understanding relating to the currency of the Collective Agreement dated September with respect to Group Insurance, Long Term Disability, and Survivor's Income.
Sample 1
JOINT TRUST. The provisions of Probate Code §15800(b) shall not apply to any trust being administered hereunder. Specifically, but not by way of limitation, upon the Incapacity of both Trustors or of the Surviving Trustor, the Trustee shall have no duty to provide notice under Probate Code §15800(b)(1), and the Trustee shall have no duty to account and to provide information to beneficiaries under Probate Code §15800(b)(2). Where to Add New Language: Administration of Trust During Incapacity Reports and Accounts Incapacity determination provisions Transmittal Letter:
Sample 1

Related to JOINT TRUST

  • Delaware Trustee The name and business address of the trustee of the Trust in the State of Delaware is Wilmington Trust Company, Xxxxxx Square North, 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxx 00000-0000.

  • Liquidating Trustee Upon the dissolution of the Company, such party as is designated by a Majority in Interest will act as liquidating trustee of the Company (the “Liquidating Trustee”) and proceed to wind up the business and affairs of the Company in accordance with the terms of this Agreement and applicable law. The Liquidating Trustee will use its reasonable best efforts to sell all Company assets (except cash) in the exercise of its best judgment under the circumstances then presented, that it deems in the best interest of the Members. The Liquidating Trustee will attempt to convert all assets of the Company to cash so long as it can do so consistently with prudent business practice. The Members and their respective designees will have the right to purchase any Company property to be sold on liquidation, provided that the terms on which such sale is made are no less favorable than would otherwise be available from third parties. The gains and losses from the sale of the Company assets, together with all other revenue, income, gain, deduction, expense, loss and credit during the period, will be allocated in accordance with Article 5. A reasonable amount of time shall be allowed for the period of winding up in light of prevailing market conditions and so as to avoid undue loss in connection with any sale of Company assets. This Agreement shall remain in full force and effect during the period of winding up. In addition, upon request of the Board and if the Liquidating Trustee determines that it would be imprudent to dispose of any non-cash assets of the Company, such assets may be distributed in kind to the Members in lieu of cash, proportionately to their right to receive cash distributions hereunder.

  • Relevant Trustee Following the payment in full of principal of, and interest on, the Notes, the Certificate Paying Agent shall assume the role of Relevant Trustee hereunder and shall perform the obligations of the Relevant Trustee set forth herein. At least five (5) Business Days prior to the final payment in full of principal of, and interest on, the Notes, the Servicer shall deliver a written notification to the Certificate Paying Agent, which notice shall set forth the date upon which the Certificate Paying Agent will assume the role of Relevant Trustee (the “Assumption Date”). For the avoidance of doubt, the obligations and duties of the Certificate Paying Agent as Relevant Trustee under the Transaction Documents shall be limited to the express duties of the Relevant Trustee, and shall not be deemed to include any duty or obligation of the Indenture Trustee, the Issuer, or any other Person. In the performance of its obligations as Relevant Trustee, the Certificate Paying Agent shall be entitled to all of the same rights, protections, indemnities and immunities as the Indenture Trustee under the Indenture, which rights, protections, indemnities and immunities are incorporated herein by reference. The parties hereby agree to amend the Transaction Documents prior to the Assumption Date to provide for such terms and conditions as may be necessary or desirable in connection with the assumption of the role of Relevant Trustee by the Certificate Paying Agent.

  • Real Estate Investment Trust Commencing with its taxable year ended December 31, 2009, the Company has been organized and operated in conformity with the requirements for qualification and taxation as a real estate investment trust (“REIT”) under the Code, and its proposed method of operation will enable it to continue to meet the requirements for qualification and taxation as a REIT under the Code.

  • Independent Trustee A Trustee who is an "Independent Trustee," as that term is defined in the Delaware Act, shall be deemed to be independent and disinterested for all purposes when making any determinations or taking any action as a Trustee.

  • Anti-Trust The MA Dual SNP hereby certifies to HHSC that neither the MA Dual SNP, nor the person represented by the MA Dual SNP, nor any person acting for the represented person, has been found by a judgment of a court of law to have violated the anti-trust laws codified by Chapter 15, Texas Business and Commerce Code, or the federal anti-trust laws.

  • 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 Code, as amended, and shall be construed accordingly.

  • Investment Management Trust Agreement The Company has entered into the Trust Agreement with respect to certain proceeds of the Offering and the Private Placement substantially in the form filed as an exhibit to the Registration Statement.

  • Successor Owner Trustee Any successor Owner Trustee appointed pursuant to Section 10.02 shall execute, acknowledge and deliver to the Administrator and to its predecessor Owner Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Owner Trustee shall become effective, and such successor Owner Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Owner Trustee. The predecessor Owner Trustee shall upon payment of its fees and expenses deliver to the successor Owner Trustee all documents and statements and monies held by it under this Agreement, and the Administrator and the predecessor Owner Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Owner Trustee all such rights, powers, duties and obligations. No successor Owner Trustee shall accept appointment as provided in this Section unless at the time of such acceptance such successor Owner Trustee shall be eligible pursuant to Section 10.01. Upon written acceptance of appointment by a successor Owner Trustee pursuant to this Section, the Administrator shall mail notice thereof to all Certificateholders, the Indenture Trustee, the Noteholders and the Rating Agencies. If the Administrator shall fail to mail such notice within 10 Business Days after acceptance of such appointment by the successor Owner Trustee, the successor Owner Trustee shall cause such notice to be mailed at the expense of the Administrator. Any successor Owner Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust with the Secretary of State of the State of Delaware as required by the Statutory Trust Act.

  • Supplemental Interest Trust (a) A separate trust is hereby established (the “Supplemental Interest Trust”), the corpus of which shall be held by the Trustee, in trust, for the benefit of the holders of the Certificates. On the Closing Date, the Trustee shall establish and maintain in its name, a separate account for the benefit of the holders of the Certificates (the “Supplemental Interest Account”). The Supplemental Interest Account shall be an Eligible Account, and funds on deposit therein shall be held separate and apart from, and shall not be commingled with, any other moneys, including, without limitation, other moneys of the Trustee held pursuant to this Agreement.

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