Pure Trust definition

Pure Trust means the trust of that name established under the laws of the Province of Ontario by a Declaration of Trust dated as of December 20, 1994, as amended from time to time.
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Examples of Pure Trust in a sentence

  • Company has agreed on the relationship of the executive as a Executive Trustee of NSC, A Pure Trust.

  • Pure Trust has been duly established as a trust under the Declaration of Trust and is a valid and subsisting trust under Ontario Law.

  • SECTION 3: It is expressly declared that an unincorporated Business Trust by Contract, otherwise known as Declaration of Irrevocable Trust, or a Pure Trust, is hereby created, and not a living trust, or a partnership or a corporation, or a company, or a joint venture, or a limited partnership, or a limited liability company or a trust as defined by the Internal Revenue Code (IRC).

  • I the undersigned, being one of the trustees hereinbefore named, for the purpose of forming an Irrevocable, Pure Trust Organization, make these Articles, hereby ▇▇- ▇▇▇▇▇▇▇ and certifying that the facts herein stated are true, and accordingly have hereunto set my hand this <29th day of Month A.D. 2012> <First M.

  • The Issuer Trustee has duly authorized, executed and delivered the Documents for and on behalf of Pure Trust.

  • Each of the Documents constitutes a legal, valid and binding obligation of Pure Trust enforceable against Pure Trust in accordance with its terms.

  • The obligation of Royal Trust to carry out the activities of Pure Trust as set out under the Declaration of Trust and the Documents constitutes the business of a trustee.

  • SECTION 3: It is expressly declared that an unincorporated Business Trust Organization by Contract, otherwise known as Declaration of Irrevocable Trust, or a Pure Trust, is hereby created, and not a living trust, or a partnership or a corporation, or a company, or a joint venture, or al limited partnership, or al limited liability company or a trust as defined by the Internal Revenue Code (IRC).

  • The Issuer Trustee has the power and capacity under the Declaration of Trust to hold title to the property and assets of Pure Trust, to carry on the activities of Pure Trust in accordance with the Declaration of Trust and to execute and deliver the Documents to which Pure Trust is a party and to perform its obligations under such Documents.

  • Resort may not be had to, nor recourse or satisfaction be sought from, the private property of the Issuer Trustee, its directors, officers, employees, or agents, and resort will be had solely to the property of Pure Trust held in trust by the Issuer Trustee for the payment, performance or satisfaction of any liability or obligation of the Purchaser or the Issuer Trustee hereunder.

Related to Pure Trust

  • Income trust means a trust that is not a unitrust.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

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

  • 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.

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