Breach of trust definition
Breach of trust means a breach of any duty imposed on a trustee by this Act or by the terms of the trust;
Breach of trust. The provisions of this Section 15 will not apply to any obligation or liability of Party B to the extent that it is not satisfied because under the Master Trust Deed, the corresponding Series Supplement or any other corresponding Transaction Document or by operation of law there is a reduction in the extent of Party B's indemnification out of the Assets of the relevant Series Trust, as a result of Party B's fraud, negligence or wilful default.
Breach of trust means any criminal act or an element of a criminal act by a person, including an act that constitutes or involves misuse, misapplication, or misappropriation of the following:
Examples of Breach of trust in a sentence
Corruption constitutes in addition any cases of abuse of entrusted power in order to gain an advantage, e.g.: • Passive bribery • Embezzlement • Fraud • Breach of trust • Abuse of power.
During the Employee Notice Period you will be entitled to the same benefits including vesting as you had in place prior to such notice (except for (i) Early Termination (as defined below), (ii) a Breach of trust or (iii) as otherwise provided for in an agreement for the ▇▇▇▇ ▇▇▇ Grant).
More Definitions of Breach of trust
Breach of trust means a wrongful act, use, misappropriation, or omission with respect to any property or fund which has been committed to a person in a fiduciary or official capacity, or the misuse of one's official or fiduciary position to engage in a wrongful act, use, misappropriation, or omission.
Breach of trust means a breach of any duty imposed on a trustee of the trust, as such, by any law for the time being in force.
Breach of trust. ’ means a wrong- ful act, use, misappropriation, or omis-
Breach of trust. ’ means a wrong- ful act, use, misappropriation, or omis- sion with respect to any property or fund which has been committed to a person in a fiduciary or official capac- ity, or the misuse of one’s official or fi- duciary position to engage in a wrong- ful act, use, misappropriation, or omis- sion.
Breach of trust means a violation by a trust director or trustee of a
Breach of trust means a violation by the trustee of any duty which is owed to the settlor or beneficiary.
Breach of trust means a violation by a trust director or