AY Trust definition

AY Trust. The Xxxxxx Xxxxx Discretionary Trust, a discretionary trust set up by Xx. Xxxxx Xxx Xxxxx, Xxxxxx
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AY Trust. The Xxxxxx Xxxxx Discretionary Trust, a discretionary trust set up by Xx. Xxxxx Xxx Xxxxx, Xxxxxx “Beauty Royal” Beauty Royal Limited, a company incorporated in Hong Kong with limited liability and an indirect wholly-owned subsidiary of the Company “Board’’ or “Directors” the board of directors of the Company “Business Day(s)” a day other than a Saturday, Sunday or public holiday (or a day on which a tropical cyclone No.8 or above or a “black” rainstorm warning is hoisted in Hong Kong at any time between 9:00 a.m. and 5:00 p.m. on weekdays) on which banks are open in Hong Kong to the general public for business “BVI” the British Virgin Islands ‘‘Company’’ Emperor Watch & Jewellery Limited, a company incorporated in Hong Kong with limited liability, the shares of which are listed on the Main Board of the Stock Exchange (Stock Code: 887) “Completion’’ the Completion of the Acquisition in accordance with the terms and conditions of the Sale and Purchase Agreement “Completion Accounts” the accounts of the Target Group (on a consolidated basis) comprising an income statement for the period from 1 April 2018 to the Completion Date and a balance sheet as at the Completion Date “Completion Date” within 5 Business Days following satisfaction (or waived by the Purchaser as appropriate) of all the conditions precedent to Completion pursuant to the Sale and Purchase Agreement “connected person(s)” has the meaning ascribed to it under the Listing Rules
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AY Trust. The Xxxxxx Xxxxx Discretionary Trust, a discretionary trust set up by Xx. Xxxxx Xxx Xxxxx, Xxxxxx, of which Xx. Xxxxx Xxxxx (the Managing Director of the Company) is one of the eligible beneficiaries
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Examples of AY Trust in a sentence

  • LISTING RULES IMPLICATIONS As at the date of this announcement, the Company and Emperor International are both indirectly controlled by the AY Trust.

  • Xx. Xxxxx Xxxxx, the Managing Director of the Company, did abstain from voting on the relevant Board resolution(s) of the Company in view of her deemed interest in the transaction by virtue of being one of the eligible beneficiaries of the AY Trust.

  • Xxxxx Xxxxx, the Chairperson of the Company, did abstain from voting on the relevant Board resolution(s) of the Company in view of her deemed interest in the transactions by virtue of being one of the eligible beneficiaries of the AY Trust.

  • LISTING RULES IMPLICATIONS As at the date of this announcement, the Company, Emperor W&J, Emperor Capital Group, Emperor Culture Group and Xxxxxxx International are all indirectly controlled by the AY Trust.

  • Xx. Xxxxx Xxxxx Xxxxx, Xxxxxxxxx, an executive Director of the Company, did abstain from voting on the relevant Board resolution of the Company in view of his deemed interest in the transaction by virtue of being one of the eligible beneficiaries of the AY Trust.

  • The Company and Emperor Internationl are both indirectly controlled by the AY Trust.

  • Xx. Xxx Xxx Man, Xxxxx, the Chairperson and a non-executive Director of the Company and Xx. Xxxxx Xxxxx Xxxxx, Xxxxxxxxx, an executive Director of the Company, did abstain from voting on the relevant Board resolutions of the Company in view of their deemed interest in the transactions by virtue of being an associate of the eligible beneficiaries of the AY Trust and an eligible beneficiary of the AY Trust respectively.

  • Dr. Xxxxxx Xxxxx, being the founder of the AY Trust, is a deemed substantial shareholder of the Company.

  • Xx. Xxxxx Xxxxx, the Chairperson and an executive Director of the Company, did abstain from voting on the relevant Board resolution(s) of the Company in view of her deemed interest in the transaction by virtue of being one of the eligible beneficiaries of the AY Trust.

  • Xx. Xxx Siu Man, Xxxxx, the Chairperson of Emperor International, did abstain from voting on the relevant board resolution(s) of Emperor International in view of her deemed interest in the transaction by virtue of being the spouse of Xx. Xxxxx Sau Xxxxx, Xxxxxx who is the founder of AY Trust.


More Definitions of AY Trust

AY Trust. The Xxxxxx Xxxxx Discretionary Trust (of which Dr. Xxxxxx Xxxxx is the founder), a deemed substantial shareholder of both Emperor International and Emperor Capital Group, the eligible beneficiaries of which are family members (including Xx. Xxxxx Xxxxx, a director of Emperor Capital Group) of Dr. Xxxxxx Xxxxx
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AY Trust. The Xxxxxx Xxxxx Discretionary Trust, a discretionary trust set up by Dr.
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Related to AY 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.

  • Family Trust means, with respect to any natural Person, a trust, limited partnership or limited liability company benefiting solely such individual and/or the Family Members of such individual.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

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

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • unit trust means any trust established for the purpose, or having the effect, of providing facilities for the participation by persons as beneficiaries under a trust, in profits or income arising from the acquisition, holding, management or disposal of securities or any other property.

  • Family Trusts means, with respect to any individual, trusts or other estate planning vehicles established for the benefit of such individual or Family Members of such individual and in respect of which such individual serves as trustee or in a similar capacity.

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

  • Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time, or any successor legislation.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • charity trustee means a charity trustee of the CIO.

  • Owner Trust means the trust created by this Agreement.

  • Security Trust Agreement means that certain security trust agreement dated on or about the Merger Closing Date made between the Security Trustee and the Lenders and relating to the appointment of the Security Trustee as trustee of the Security.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Charity Trustees means the directors of the Academy Trust who are responsible for the general control and management of the administration of the Academy Trust.

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq. as the same may be amended from time to time.

  • NIM Trustee The trustee for the NIM Securities.

  • the Macfarlane Trust means the charitable trust, established partly out of funds provided by the Secretary of State to the Haemophilia Society, for the relief of poverty or distress among those suffering from haemophilia;

  • 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;

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

  • Delaware Trustee means the Person identified as the “Delaware Trustee” in the preamble to this Trust Agreement, solely in its capacity as Delaware Trustee of the Trust and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as herein provided.

  • Real Estate Investment Trust means that term as defined under section 856 of the internal revenue code.