QSF Trust definition

QSF Trust means the Trust and Qualified Settlement Fund established by Performing Defendant pursuant to the terms of the Trust and Qualified Settlement Fund Agreement approved by the Court pursuant to this Consent Decree, in a form attached hereto as Appendix D. The QSF Trust was established as a trust under the laws of the State of West Virginia and is designed to qualify as a Qualified Settlement Fund under Section 468B of the Internal Revenue Code and the Code Regulations thereunder.
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QSF Trust shall have the meaning ascribed to it in the preamble.
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Examples of QSF Trust in a sentence

  • Thus, there is no need to output the pixel location of the foods in an image.

  • Based on the foregoing, this Court expressly approved the QSF Trust Agreement and QSF Claims and Distribution Procedures.

  • The Debtor believes that establishing the QSF Trust by Court order will be beneficial to all parties.

  • The funding of the QSF Trust will be considered as pre-funding for Permitted Funding Uses (as such term is defined in the Funding Agreement) and treated as a Payment (as such term is defined in the Funding Agreement) for all purposes.

  • The Court shall retain continuing jurisdiction over the QSF Trust, 6 pursuant to Treasury Regulation § 1.468B-1(c)(1), and over its Trustees 7 and Administrators.

  • In connection with the QSF Motion, the Debtor attached the Trust Agreement establishing the QSF Trust as a North Carolina trust without the Fee Agreement, which establishes the amount and terms of the Trustee’s compensation, as an exhibit.

  • The establishment of the QSF Trust will not otherwise affect the Debtor’s rights or J&J’s and New JJCI’s obligations under the Funding Agreement in any way.

  • The funds in the QSF Trust will be immediately available for the Debtor’s eventual use when and as needed to resolve its talc-related claims.

  • Within 60 days of the Effective Date, Non-Performing Defendant CBS shall pay $5,000,000.00 and Non-Performing Defendant ExxonMobil shall pay $6,000,000.00 into the QSF Trust established pursuant to Paragraph 30.a.i., such funds to be immediately accessible to Performing Defendant to meet its obligations hereunder.

  • Panelli (Ret.) as Trustees and 4 Administrators of the QSF Trust.

Related to QSF Trust

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

  • Certificate of Trust means the Certificate of Trust in the form of Exhibit B to be filed for the Trust pursuant to Section 3810(a) of the Statutory Trust Statute.

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

  • 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.

  • Original Declaration of Trust shall have the meaning set forth in the recitals to this Declaration of Trust;

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

  • 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.

  • Grantor Trust means a Trust other than a RIC.

  • 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.

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

  • 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.

  • Declaration of Trust means this Agreement and Declaration of Trust, as amended or restated from time to time;

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

  • Titling Trust means GE TF Trust, a Delaware statutory trust.

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

  • 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.

  • Real Estate Investment Trust means any Person that qualifies as a real estate investment trust under Sections 856 through 860 of the Code.

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

  • 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.

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • 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;

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Note A-2 Trust Fund means the trust formed pursuant to the Note A-2 PSA.

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

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.