AEL Trust definition

AEL Trust shall have the meaning set forth in the Preamble.
AEL Trust means The AEL Irrevocable Trust, a trust organized under the laws of the State of California.

Examples of AEL Trust in a sentence

  • On the Closing Date each of the Parties and the AEL Trust shall have executed and delivered the Stockholders Agreement.

  • As at the date of this Agreement, all outstanding shares of Holdings Class A Common Stock are owned of record and beneficially by AEL Trust and its associates.

  • On the Closing Date and immediately prior to the Closing, AEL Trust and the other Investor Stockholders shall own an aggregate of 6,000,000 shares of the Class A Common Stock, and no shares of Class B Common Stock or Holdings Preferred Stock shall be issued.

  • Any employee that remains employed by the Company for longer than six months will be eligible to participate in standard employee benefit plans, which shall be commensurate with industry standard benefit plans and benefit plans offered to the employees of other companies owned or controlled by AEL Trust or its Affiliates.

  • Reference is made to the Personal Guaranty of A▇▇▇ ▇▇▇▇▇ Reference is made to the Line of Credit Agreement” from the Company to THC and subsidiaries Reference is made to the M▇▇▇ ▇▇▇▇▇ Loan to AEL Trust Email.

  • Under the terms of the letter agreement AEL Trust and other affiliates or associates of A▇▇▇ ▇.

  • On February 28, 2017, the AEL Trust entered into an agreement with M▇▇▇▇▇▇ ▇▇▇▇▇ (the “Letter Agreement”) granting M▇.

Related to AEL Trust

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.