Contingency Trust Fund definition

Contingency Trust Fund means the compensation fund or contingency trust fund referred to in section 23(1)(b) of the Rules;

Examples of Contingency Trust Fund in a sentence

  • An applicant for registration as a securities dealer, exchangecontracts dealer, mutual fund dealer or real estate securities dealer must contribute $15,000 to, and participate in, the Contingency Trust Fund [Rules s.

  • The Committee decided that it was not necessary to establish a common Contingency Trust Fund under the umbrella of FAO, as it was felt that the main donors have their own efficient mechanisms for reacting at short notice to locust emergencies.

  • Daniel Cohen, Fiscal Sustainability and a Contingency Trust Fund, in Government at Risk: Contingent Liabilities and Fiscal Risk, World Bank, Washington, D.C, 2002.

  • University CommitteesMember of University Council (2020-)Trustee for the Contingency Trust Fund and Voluntary Group Life Insurance Trust Fund for the Faculty Association (2008-2012).

  • An applicant for registration as a securities dealer, exchange contracts dealer, mutual fund dealer or real estate securities dealer must contribute $15,000 to, and participate in, the Contingency Trust Fund [Rules s.

  • An applicant for registration as a securities dealer, exchange contracts dealer, mutual fund dealer or real estate securities dealer must contribute $15,000 to, and participate in, the Contingency Trust Fund [ Rules s.

  • The Act provides for the Ontario Contingency Trust Fund which allows individual claims to a maximum of $5,000.18 [86] The MFDA does not regulate portfolio management activities and a member of the MFDA may not engage in portfolio management because the MFDA Rules specifically prohibit discretionary trading.

  • EDTA, FM-labeled SecA was chemically crosslinked into a stable Figure 3.

  • As the Receiver could not agree that Latimer’s secured claim should include the fully paid for customer securities improperly pledged to Latimer by Buckingham, the reduction in its claim of only $200,000 was unacceptable to the Receiver and also was insufficient to encourage participation in the proposal funding by either the Ontario Contingency Trust Fund or the OSC.

  • These are composed of Time Deposits - Local Currency and Member’s Savings Reserve Fund (MSRF), Contingency Trust Fund and Funds Held in Trust.

Related to Contingency Trust Fund

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Note A-1 Trust Fund means the trust formed pursuant to the Note A-1 PSA.

  • 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.

  • Extraordinary Trust Fund Expense Any amounts reimbursable to the Trustee, or any director, officer, employee or agent of the Trustee, from the Trust Fund pursuant to Section 8.05, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii) and any amounts payable by the Trustee for the recording of the assignments of mortgage pursuant to Section 2.01.

  • Extraordinary Trust Fund Expenses Any amounts reimbursable to the Master Servicer or the Depositor pursuant to Section 6.03, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts reimbursable to the Trustee, the Trust Administrator, Citibank or a Custodian from the Trust Fund pursuant to Section 2.01 or Section 8.05 and any other costs, expenses, liabilities and losses borne by the Trust Fund (exclusive of any cost, expense, liability or loss that is specific to a particular Mortgage Loan or REO Property and is taken into account in calculating a Realized Loss in respect thereof) for which the Trust Fund has not and, in the reasonable good faith judgment of the Trust Administrator, shall not, obtain reimbursement or indemnification from any other Person.

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

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Trust Funds means, in the aggregate, all of the Funds and Accounts.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Note A-3 Trust Fund means the trust formed pursuant to the Note A-3 PSA.

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

  • Note A-4 Trust Fund means the trust formed pursuant to the Note A-4 PSA.

  • 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 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;

  • Additional Trust Fund Expense Any expense of the Trust Fund that (i) arises out of a default on a Mortgage Loan or a Serviced Pari Passu Companion Loan or an otherwise unanticipated event, (ii) is not included in the calculation of a Realized Loss, (iii) is not covered by a Servicing Advance or a corresponding collection from the related Borrower, and (iv) is not covered by Default Charges collected on the Mortgage Loans to the extent provided herein.

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

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

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

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • Additional Trust Fund Expenses (i) Special Servicing Fees, Workout Fees and Liquidation Fees, (ii) interest in respect of unreimbursed Advances, (iii) the cost of various default-related or unanticipated Opinions of Counsel required or permitted to be obtained in connection with the servicing of the Mortgage Loans and the administration of the Trust Fund, (iv) unanticipated, non-Mortgage Loan specific expenses of the Trust Fund, including indemnities and expense reimbursements to the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Depositor and federal, state and local taxes, and tax-related expenses, specifically payable out of the Trust Fund, (v) any fees or expenses that are expressly designated as an Additional Trust Fund Expense pursuant to any provision of this Agreement and (vi) any other default-related or unanticipated expense of the Trust Fund that is not covered by a Property Advance and for which there is no corresponding collection from a Mortgagor.

  • Administrative Trustees shall have the meaning set forth in the Trust Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Majority Trustee Vote means the vote of a majority of the Trustees;