Collective Trust definition

Collective Trust means a trust organized under the laws of Texas identified as a “Collective Trust” on Schedule 1.01A hereto, as such schedule may be updated from time to time upon written notice by the Borrower to the Lender and approval in writing by the Lender.

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Collective Trust means any group, pooled, common, commingled or collective trust fund maintained by a bank, trust company or broker-dealer, in which assets of employee benefit plans subject to ERISA and the Code may be invested. The trustees of such Collective Trust shall become trustees of the allocable share of the Trust Fund assets transferred and deposited with such Collective Trust, and shall have sole and exclusive authority and discretion to manage and control (including the power to invest and reinvest) such Collective Trust assets. The Board shall not be liable for any act or omission of any trustee of a Collective Trust, or be under any obligation to invest or otherwise manage any assets of the Trust Fund that have been transferred thereto. The provisions of the agreement establishing such Collective Trust shall be deemed to be incorporated by reference into this Agreement (to the extent that the provisions thereof are not inconsistent with the terms of this Agreement or violative of ERISA, the Code or other applicable law).

Collective Trust means any group, pooled, common, commingled or collective trust fund maintained by a bank, trust company or broker-dealer, in which assets of employee benefit plans subject to ERISA and the Code may be invested. The trustees of such Collective Trust shall become trustees of the allocable share of the Trust Fund assets transferred and deposited with such Collective Trust, and shall have sole and exclusive authority and discretion to manage and control (including the power to invest and reinvest) such Collective Trust assets. The Board shall not be liable for any act or omission of any trustee or other fiduciary of a Collective Trust, or be under any obligation to invest or otherwise manage any assets of the Trust Fund that have been transferred thereto. The provisions of the agreement establishing such Collective Trust shall be deemed to be incorporated by reference into this Agreement (to the extent that the provisions thereof are not inconsistent with the terms of this Agreement or violative of ERISA, the Code or other applicable law).

Examples of Collective Trust in a sentence

To the extent that the Trustee invests assets of the Fund in such a Collective Trust, the instrument establishing the Collective Trust is hereby adopted and incorporated by reference into the Participating Plan.
To the extent the Trustee invests assets of the Fund in a Collective Trust, the instrument establishing the Collective Trust shall form a part of this Fund Declaration.
Except to the extent necessary in connection with the performance of its obligations under this Agreement or in connection with the ABA Members Collective Trust or the ABA RF Program, the Trustee shall keep in strict confidence any recommendations and confidential information provided to it by the Advisor.
To the extent of the interest of the Trust in any Collective Trust, the terms of the agreement or declaration of trust establishing such Collective Trust shall be a part of this Trust as if set forth in full herein, and any assets transferred to any Collective Trust shall be held, invested and administered in accordance with such agreement or declaration of trust, which shall be controlling notwithstanding any contrary provision of this Agreement.
To the extent the Trustee invests assets of the Fund in a Collective Trust, the instrument establishing the Collective Trust shall form a part of this Amended and Restate Fund Declaration.
In making any amendment to the ABA Members Collective Trust, State Street shall exercise its reasonable judgment as to the content and timing of such amendment.
State Street shall represent the ABA Members Collective Trust and the Trusts in any arbitration, suit or legal proceeding in any court or before any other body or tribunal.
The term of this Agreement shall commence on the date indicated on the signature page hereof until the date the Qualified Investor ceases to be a Qualified Investor in the Collective Trust as provided in the Declaration of Trust.
The performance by State Street Trust of its obligations under the State Street Trust Agreement shall discharge any obligations imposed upon State Street under the AISA Agreement to the extent such agreement contemplates that State Street will serve as trustee of the ABA Members Collective Trust.
Moon shall satisfy its obligation pursuant to this Section 3.03(c)(iii) by causing the Moon Collective Trust Fund to transfer Assets equal to the Initial Transfer Amount.

More Definitions of Collective Trust

Collective Trust. 3.4 "General Declaration of Trust" 3.4 "Description" 3.1 "Foreign Entity" 4.4 "Fund" 3.1 "Valuation Date" 5.2 "Units" 5.1

Collective Trust means a trust organized under the laws of Texas identified as a “Collective Trust” on S chedule 1.01A hereto, as such schedule may be updated from time to time upon written notice by the Borrower to the Lender and approval in writing by the Lender.

Collective Trust means the collective trust established pursuant to this Declaration of Trust, which shall be known as the “Invesco Stable Asset Trust”.