Operating Trust definition

Operating Trust means Top Hat Operating Trust, an open-ended unit trust formed under the laws of the Province of British Columbia, all of the units of which are and will be owned by Boardwalk REIT;
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Operating Trust means The Consumers’ Waterheater Operating Trust, which was wound-up and dissolved on January 1, 2011 in connection with the Conversion.
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Operating Trust means Skyline Operating Trust, the trust created under the laws of the Province of Ontario by declaration of trust dated June 1, 2006, as it may be further amended, supplemented or restated from time to time.
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Examples of Operating Trust in a sentence

  • The Operating Trust qualifies as a "unit trust" pursuant to the Tax Act on the basis that its units are redeemable on demand by the holder thereof.

  • When the license is reinstated by the clerk of court or tax collector, $37.50 shall be retained and $22.50 shall be deposited into the Highway Safety Operating Trust Fund.

  • INFORMATION CONCERNING THE OPERATING TRUST, PARTNERSHIP AND CORPORATION‌The Operating Trust has been established under the Operating Trust Declaration of Trust for an indeterminate term.

  • Boardwalk REIT is currently the sole Operating Trust Unitholder.The Operating Trust‌The Operating Trust is an unincorporated open-ended unit trust established under the laws of the Province of British Columbia pursuant to the Operating Trust Declaration of Trust.

  • Each of Boardwalk REIT and the Operating Trust will fund its payments to the General Partner or its subsidiaries through their direct or indirect receipt of the "LP Class A Preferred Distribution" on the LP Class A Units owned by the Operating Trust.

  • See "Information Concerning the Operating Trust, Partnership and Corporation" in this AIF.

  • The remaining proceeds are deposited into the Highway Safety Operating Trust Fund.

  • Once the person is compliant, the clerk of court will send notice to the Department.Before having his or her license returned, the driver must pay the $60 reinstatement fee per section 322.29, F.S. When the license is reinstated by the Department, $37.50 shall be deposited into General Revenue and $22.50 shall be deposited into the Highway Safety Operating Trust Fund.

  • Section 318.18(8)(a), F.S. states that a person who fails comply with the court’s requirements or to pay a civil penalty within 30 days must pay an additional civil penalty of $16, to be distributed $6.50 to the General Revenue Fund (GR) and $9.50 to the Highway Safety Operating Trust Fund.

  • The following is a summary, which does not purport to be complete, of certain terms of the Operating Trust Declaration of Trust.


More Definitions of Operating Trust

Operating Trust means the trust constituted by the Operating Trust Deed.
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Operating Trust has the meaning set forth in Section 2.4(e).
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Related to Operating Trust

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • Operating Entity means an entity that operates and controls a portion of the bulk transmission system with the goal of ensuring reliable energy interchange between generators, loads, and other operating entities.

  • 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.

  • 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;

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • 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.

  • TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.