Purposes of Trust. (a) The exclusive purposes and functions of the Trust are to (i) issue and sell Trust Securities and use the proceeds from such sale to acquire the Notes and (ii) engage in only those activities necessary or incidental thereto. The Delaware Trustee, the Property Trustee and the Administrative Trustees are trustees of the Trust, and have all the rights, powers and duties to the extent set forth herein. The Trustees hereby acknowledge that they are trustees of the Trust.
Purposes of Trust. 11 Section 2.5. Authorization to Enter into Certain Transactions................................. 12 Section 2.6.
Purposes of Trust. This Trust is formed for the following purpose or purposes:
Purposes of Trust. (a) The exclusive purposes and functions of the Trust are to (i) issue and sell Trust Securities and use the proceeds from such sale to acquire the Notes, (ii) make distributions as provided herein, (iii) enter into and perform its obligations under agreements, documents, and instructions (including without limitation the Operative Documents to which it is a party) necessary to accomplish (i) and (ii) above, and (iv) engage in only those activities necessary or incidental thereto. The Delaware Trustee, the Property Trustee and the Administrative Trustees are trustees of the Trust, and have all the rights, powers and duties to the extent set forth herein. The Trustees hereby acknowledge that they are trustees of the Trust.
Purposes of Trust. 信託目的 For purposes of the Trust, the Settlor will place its trust funds in trust with the Trustee for the Trustee to use for the benefit of the Beneficiary according to specific instructions of the Settlor, and the Bank (trust enterprise) will conduct investment transactions with trading counterparts in the Trustee's name on behalf of the Settlor in domestic and foreign securities such as funds, stocks, bonds, and other investment objects, which the Bank is permitted by laws and regulations to invest in through trusts, and will manage and dispose of the trust property. 本信託目的係委託人將其信託資金信託予受託人，由受託人就該信託資金為受益人之利益及依委託人所為具體特定之運用指示，運用信託資金，由本行(信託業)以受託人名義代委託人與交易相對人進行投資於依法令規範得受託投資之國內外基金、股票、債券等有價證券或其他投資標的，並為信託財產之管理及處分。
Purposes of Trust. The exclusive purposes and functions of the Trust are to (i) issue and sell Trust Securities and use the proceeds from such sale to acquire the Notes and (ii) engage in only those activities necessary or incidental thereto. The Delaware Trustee, the Property Trustee and the Administrative Trustees are trustees of the Trust, and have all the rights, powers and duties to the extent set forth herein. The Trustees hereby acknowledge that they are trustees of the Trust. So long as this Trust Agreement remains in effect, the Trust (or the Trustees acting on behalf of the Trust) shall not undertake any business, activities or transaction except as expressly provided herein or contemplated hereby. In particular, the Trust (or the Trustees acting on behalf of the Trust) shall not (i) acquire any investments or engage in any activities not authorized by this Trust Agreement, (ii) sell, assign, transfer, exchange, mortgage, pledge, set-off or otherwise dispose of any of the Trust Property or interests therein, including to Holders, except as expressly provided herein, (iii) incur any indebtedness for borrowed money or issue any other debt, (iv) take or consent to any action that would result in the placement of a Lien on any of the Trust Property, (v) take or consent to any action that would reasonably be expected to cause (or, in the case of the Property Trustee, to the actual knowledge of a Responsible Officer would cause) the Trust to become taxable as a corporation or classified as other than a grantor trust for United States federal income tax purposes, (vi) take or consent to any action that would cause (or, in the case of the Property Trustee, to the actual knowledge of a Responsible Officer would cause) the Notes to be treated as other than indebtedness of the Depositor for United States federal income tax purposes or (vii) take or consent to any action that would cause (or, in the case of the Property Trustee, to the actual knowledge of a Responsible Officer would cause) the Trust to be deemed to be an “investment company” required to be registered under the Investment Company Act.
Purposes of Trust. Section 2.5. Authorization to Enter into Certain Transactions
Purposes of Trust. The express purposes and primary objectives of the Trust are limited to performing essential governmental functions and all of the Trust’s income must accrue to the State of Oregon or its political subdivisions as required under IRC Section 115. The purposes of the Trust include the following:
Purposes of Trust. The Bank and the Trustee shall discharge their duties with respect to the Trust Fund for, and the Trust Fund shall be used solely for and not diverted from, the exclusive purpose of providing benefits to Participants and their beneficiaries who are entitled to benefits under the Plan, other than such part as is required to pay taxes and reasonable expenses of administering the Plan. Notwithstanding the preceding sentence, however, contributions may be returned to the Bank by the Trustee at the direction of the Committee as hereinafter provided, if the Committee certifies in writing to the Trustee that one or both of the following circumstances exist and that the Plan permits such repayments:
Purposes of Trust. (a) The exclusive purposes and functions of the Trust are to (i) issue and sell Trust Securities and use the proceeds from such sale to acquire ICONs, (ii) issue Common Securities to the Depositor in exchange for ICONs, (iii) maintain the Trust's status as a grantor trust for United States federal income tax purposes and (iv) engage in only those activities necessary or incidental thereto. The Delaware Trustee, the Property Trustee and the Administrative Trustees are trustees of the Trust, and have all the rights, powers and duties to the extent set forth herein. The Trustees hereby acknowledge that they are trustees of the Trust.
