Corpus of the Trust definition

Corpus of the Trust means the initial capital and any other contribution in cash or kind received by the Trustee Company from tile Settlor or subsequent additions, accretions and contributions to the corpus of the Mutual Fund for the purpose of the Trust pursuant to Clause2. It shall not include any subscription towards any Scheme made by the Mutual Fund.
Sample 1Sample 2Sample 3
Corpus of the Trust means initial capital and any other consideration in cash or kind received by the Trust from RCL or subsequent additions, accretions and contributions to the corpus of the Mutual Fund for the purpose of the Trust in pursuance of Clause II. It shall not include any subscription made towards any Units of Schemes of Nippon India Mutual Fund.
Sample 1
Corpus of the Trust means all monies paid and securities delivered by the trustor. (BPC Section 7736)
Sample 1

Examples of Corpus of the Trust in a sentence

  • Without prejudice to the aforesaid it is expressly provided that the Corpus of the Trust or any part thereof may at the option of the Trustee Company be applied towards any subscription of a Scheme made or issued by the Mutual Fund at any time hereafter.

  • The Corpus of the Trust and the funds mobilised under various Schemes may be invested in the Securities.

  • The application of the Corpus of the Trust towards any such Scheme or purposes referred to in Clause 2.1 above shall not revoke the Trust herein declared nor shall it amount to or be construed to be any diversion of the Corpus of the Trust.

  • The Investment Policy of Perpetual Care Trust Fund, effective April 2004, improperly determined that 19% stipulated in the City Code of Ordinances deposited into the Trust Fund from Cemetery System Sales make up the Corpus of the Trust Fund and no part of the Corpus can be expended.

  • The application of the Corpus of the Trust towards any such Scheme or purposes referred in Clause 2.2(a) above shall not revoke the Trust herein declared nor shall it amount to or be construed to be any diversion of the Corpus of the Trust.

  • To accept donations or endowments either as Corpus of the Trust or other general purpose.

  • ATL contributed Rs. 25,000/- as the Corpus of the Trust on 09.01.2004.

  • Trust interest income received in the second quarter of fiscal 2021 decreased to $102 in comparison to $578 received in the second quarter of fiscal 2020 due to lower interest rates and lower net income.The current Statement of Assets, Liabilities and Trust Corpus of the Trust at April 30, 2021, compared to that at fiscal year-end (October 31, 2020), shows an increase in assets due to higher royalty receipts during the second quarter of fiscal 2021.

  • A Complex Trust, on the other hand, can legally accumulate income derived from the assets of the Trust on an ongoing basis, adding the income to the Corpus of the Trust rather than distributing the income each year.

  • The Author of the Trust, out of his own personal funds irrevocably transferred a sum of Rs.1,000/= (Rupees One thousand only) towards the Corpus of the Trust.


More Definitions of Corpus of the Trust

Corpus of the Trust means the money paid or securities delivered by the trustor. (Business & Professions Code Section 7736.)
Sample 1

Related to Corpus of the Trust

  • 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).

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

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

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Sub-Servicing Account An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the Master Servicer.

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • 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.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • 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.

  • Administration Account As defined in Section 7.02.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Certificate Administrator Accounts As defined in Section 3.07(a) of this Agreement.

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

  • Custodial Accounts Each Custodial Account (other than an Escrow Account) established and maintained by a Servicer pursuant to a Servicing Agreement with respect to the Mortgage Loans.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

  • 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.

  • Servicing Account The account or accounts created and maintained pursuant to Section 3.09.

  • the Trust means the Trust hereby established and which shall be called the Law Society Public Purposes Trust Fund;

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

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Class C Trust Class C Trustee", "Class D Certificate" and "Class D Trust", shall have the respective meanings assigned to such terms in the Intercreditor Agreement.