Unit Trust Clause Samples

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Unit Trust. If the Tenant is the trustee of a unit trust, unless the unit trust is listed on an Australian Stock Exchange, any change, or series of changes, in the ownership of units in the unit trust or a holding trust effectively altering the control of the unit trust as at the Commencing Date is deemed to be an assignment of this Lease. In that case the Tenant and the holding trust must not: (a) register, record or enter in their books any transfer of any unit or units in the Unit Trust or the holding trust; (b) deal with any beneficial interest in any such unit or units; (c) issue any new unit or units; or (d) take or attempt to take any action having the effect: (i) of effectively altering the control of the unit trust; (ii) that the unitholders in the unit trust at the date of this Lease at any time cease to beneficially hold or control at least 51% of the units in the unit trust, until after the Tenant has complied with the conditions of clause 13.2 as though an assignment was proposed.
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Unit Trust. The movement for the years ended December 31, 2020 and 2019 was as follows: Baht Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Beginning book value 780,080 766,088 - - Sale investments (733,519) - - - Change in value (46,561) 13,992 - - Ending book value - 780,080 - -
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Unit Trust. If the Tenant is the trustee of a unit trust (Unit Trust), unless the Unit Trust is listed on an Australian Stock Exchange, any change in the ownership of units in the Unit Trust or a holding trust effectively altering the control of the Unit Trust is deemed to be an assignment of this Lease. In that case the Tenant shall not: (a) register, record or enter in its books any transfer of any unit or units in the Unit Trust; (b) deal with any beneficial interest in any such unit or units; (c) issue any new unit or units; or (d) take or attempt to take any action having the effect: (1) of effectively altering the control of the Unit Trust; (2) that the unit holders in the Unit Trust at the date of this Lease at any time cease to beneficially hold or control at least 51% of the units in the Unit Trust, until after the Tenant has complied with the conditions of clause 10.2.
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Unit Trust. The ▇▇▇▇▇ Street Holdings Trust The Prudential Assurance Co. Ltd Pension Scheme Tracker Index Management Limited Trust Bank Staff Superannuation Fund Vanoti Pty Ltd Victoria Avenue Trust Victorian Fleet Lease Arranger Pty Limited Vodafone Australia Trust I Vodafone Australia Trust II Vodafone Australia Trust III Westpac Plaza Partnership Wezen Pty Ltd Wilshire 10880 Corporation Wilshire 10960 Corporation Windsor ▇▇▇▇▇▇▇▇▇▇▇ Services Pty Ltd Woolworths Float Trust Yertabulti Pty Ltd TABLE OF CONTENTS PAGE 1. Purchase and Sale....................................................3 2. Offering.............................................................3
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Related to Unit Trust

  • 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.

  • 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.

  • Trust Not a Partnership This Declaration creates a trust and not a partnership. No Trustee shall have any power to bind personally either the Trust's officers or any Shareholder.

  • 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.

  • Trust Not a Partnership; Taxation It is hereby expressly declared that a trust and not a partnership is created hereby. No Trustee hereunder shall have any power to bind personally either the Trust's officers or any Shareholder. All persons extending credit to, contracting with or having any claim against the Trust or the Trustees shall look only to the assets of the appropriate Portfolio or, until the Trustees shall have established any separate Portfolio, of the Trust for payment under such credit, contract or claim; and neither the Shareholders, the Trustees, nor the Trust's officers nor any of the agents of the Trustees whether past, present or future, shall be personally liable therefor. It is intended that the Trust, or each Portfolio if there is more than one Portfolio, be classified for income tax purposes as an association taxable as a corporation, and the Trustees shall do all things that they, in their sole discretion, determine are necessary to achieve that objective, including (if they so determine), electing such classifications on Internal Revenue Form 8832. The Trustees, in their sole discretion and without the vote or consent of the Shareholders, may amend this Agreement to ensure that this objective is achieved.