Purpose Trusts definition

Purpose Trusts means the Purpose High Interest Savings ETF, Purpose US Dividend Fund, Purpose International Dividend Fund, Purpose Global Bond Fund, Purpose US Cash Fund, Purpose Emerging Markets Dividend Fund and Purpose U.S. Preferred Share Fund and “Purpose Trust” means any one of them.
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Purpose Trusts means Purpose Canadian Preferred Share Fund, Purpose Marijuana Opportunities Fund, Purpose Strategic Yield Fund, Purpose Multi-Asset Income Fund and Purpose Global Climate Opportunities Fund, and “Purpose Trust” means any one of them.
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Purpose Trusts means the Purpose Multi-Strategy Market Neutral Fund, Purpose Credit Opportunities Fund and Purpose Select Equity Fund and “Purpose Trust” means any one of them.
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Examples of Purpose Trusts in a sentence

  • Purpose Trusts Each Purpose Trust includes in computing its income taxable distributions received on securities held by it, including any special dividends, the taxable portion of capital gains realized by the fund on the disposition of securities held by it, and income earned by any securities lending activity.

  • The Purpose Trusts may be subject to the suspended loss rules contained in the Tax Act.

  • Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, EST.

  • The manager has advised counsel that, generally, the Purpose Trusts will include gains and deduct losses on income account, rather than as capital gains and capital losses, in connection with investments made through derivative transactions, except where such derivatives are entered into in order to hedge, and are sufficiently linked with, securities that are held on capital account by the fund, and will recognize such gains or losses for tax purposes at the time they are realized by the fund.

  • Purpose Trusts Each Purpose Trust’s units are divided into several classes or series.

  • An unlimited number of ETF Units and mutual fund units are authorized for issuance by each of the Purpose Trusts.

  • For a discussion of the significant differences between Batam and Bintan, see Ford and Lyons (2006).

  • Hirsch, Delaware Unifies the Law of Charitable and Noncharitable Purpose Trusts, 36 Est.

  • Funding for this project came party from HUB funding and from reinvestment dollars.

  • Part 7 [Charitable Gifts, Charitable Trusts and Non-Charitable Purpose Trusts].


More Definitions of Purpose Trusts

Purpose Trusts means Purpose Canadian Preferred Share Fund, Purpose Marijuana Opportunities Fund, Purpose Strategic Yield Fund, Purpose Multi-Asset Income Fund, Purpose Energy Transition Fund, Purpose Cash Management Fund, Foundation Wealth Equity Pool, Foundation Wealth Income Pool, Foundation Wealth Diversifier Pool, Black Diamond Impact Core Equity Fund and Purpose USD Cash Management Fund and “Purpose Trust” means any one of them.
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Related to Purpose Trusts

  • 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.

  • 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;

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

  • 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;

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

  • state trust land means land owned by the state-

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • Vehicle Trust Agreement has the meaning set forth in the Recitals.

  • 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.

  • 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.

  • 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.

  • 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, or any successor legislation.

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

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

  • 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.

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

  • 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.

  • Titling Trust Agreement means the Amended and Restated Trust Agreement, dated as of April 30, 2012, by and between GE Capital Title Holding Corp., a Delaware corporation, as settlor and initial beneficiary and Wilmington Trust Company, a Delaware trust company, as UTI trustee, Administrative trustee and Delaware trustee.

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

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

  • Irrevocable trust means a trust over which no person holds a power of revocation. A power holder's lack of capacity to exercise a power of revocation negates the power of revocation unless an agent of the power holder under a durable power of attorney, a conservator of the power holder, or a plenary guardian of the power holder is serving and the agent, conservator, or guardian is authorized to exercise the power of revocation.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in August of each year, commencing in August 2024.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

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

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.