Founder Trust definition

Founder Trust means the Pascal Family Trust.
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Founder Trust means a trust (including a voting trust) for the benefit of one or more of (i) the Founder, (ii) the spouse of the Founder, or (iii) a Descendant or Descendants; provided, however, that the beneficiaries of such trust may also include one or more charitable organizations, contributions to which are deductible for federal income, estate or gift tax purposes.
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Founder Trust means any one of them.
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Examples of Founder Trust in a sentence

  • Violation of School Attendance Improvement Plan (SAIP)Be advised that if the family trip combined with the total number of absences to date exceeds 10 days, you will be required to provide a doctor's note for each subsequent absence.

  • Except as otherwise provided in this Agreement and notwithstanding the proviso set forth in Section 8.08 of the LLC Agreement, each of the Founders and the Founder Trust Trustees covenants and agrees that from the IPO Closing through the first anniversary of the IPO Closing he shall not Transfer (i) any of his Founders Equity Beneficially Owned by him or (ii) any other securities Beneficially Owned by him that represent an Indirect Beneficial Ownership interest in his Founders Equity.

  • Xxxxxxx Xx., in his capacity as Trustee, is hereinafter referred to as a "Initial Founder Trust Trustee" and collectively they are referred to in such capacity as the "Initial Founder Trust Trustees").

  • Xxxxxxx Annuity Trust dated June 21, 1998, the "Founder Trusts" and each, a "Founder Trust" and each of Xxxx X.

  • S-0530.Bankia's condensed interim consolidated financial statements for the six months ending on 30 June 2020 were audited by KPMG Auditores, S.L., with registered office at Paseo de la Castellana 259 C Madrid, and have been filed in the CNMV's corresponding public registers.

  • Accordingly, the number of Lock-up Shares subject to the Founder Trust Restrictions are:6 Resi Founder TrustNumber of restricted SharesPercentageThe Horseshoe 2020 Trust1,322,2780.116%The 1 Timothy 6:7 Trust1,322,2780.116%The Reitmeyer Living Trust1,322,2780.116%Total3,966,8340.348% Copies of the Founder Restricted Share Agreements are attached at Appendix 4 to this notice.

  • No order has been made, petition presented or resolution passed for the winding up of such API Entity and the Alabama Founder Trust and no meeting has been convened for the purpose of winding up such API Entity and the Alabama Founder Trust.

  • RaffaghelliAs we may see, contact with other colleagues is not usual: teachers state that only “sometimes” (41,2%) and “rarely” (23,5%) they contact other colleagues, within the same school, of other disciplines, in order to work together.

  • A Founder or Founder Trust (a “Transferring Holder”) shall, prior to consummating any Transfer of Securities for cash or other consideration of value (such shares, the “Offered Securities”), offer to each Major Investor the right to acquire its Pro Rata Share (as defined below) of the Offered Securities from such Founder or Founder Trust in accordance with the procedures set forth in this Section 4 (such right, the “Right of Purchase”).

  • Such API Entity and the Alabama Founder Trust has the requisite power and authority to carry on its business and to own all of its properties and assets as currently conducted and owned.


More Definitions of Founder Trust

Founder Trust has the meaning given to such term in the preamble to this Agreement.
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Related to Founder Trust

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust 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;

  • Master Trust means Citibank Credit Card Master Trust I.

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

  • 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;

  • Owner Trust means with respect to any Leased Aircraft, the trust created by the "Trust Agreement" referred to in the Leased Aircraft Indenture related thereto.

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

  • 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.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Delaware Business 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.

  • Interim Eligible Lender Trustee shall also mean each successor Interim Eligible Lender Trustee as of the qualification of such Interim Eligible Lender Trustee under the Interim Trust Agreement.

  • Trust Student Loan means any student loan that is listed on the Schedule of Trust Student Loans on the Closing Date, plus any Additional Loan, plus any Substituted Loan that is permissibly substituted for a Trust Student Loan by the Depositor pursuant to Section 6(B) of the Sale Agreement or pursuant to Section 6(B) of an Additional Sale Agreement, or by the Servicer pursuant to Section 3.5 of the Servicing Agreement, but shall not include any Purchased Loan following receipt by or on behalf of the Trust of the Purchase Amount with respect thereto or any Liquidated Student Loan following receipt by or on behalf of the Trust of Liquidation Proceeds with respect thereto or following such Liquidated Student Loan having otherwise been written off by the Servicer.

  • Statutory Trust Statute means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

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

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • 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.

  • 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;

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Issuer Trust has the meaning specified in the first recital of this Indenture.

  • Plan Trust means the trust governed by the Plan.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

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

  • Sub-Trust has the meaning set forth in Section 3.01(b) of the Titling Trust Agreement.