Qualifying Trust definition

Qualifying Trust means a trust (whether testamentary or inter vivos) any beneficiary of which is a person referred to in clause (i) of the definition of “Member of the Rogers Family” or the Spouse, for the time being and from time to time, of the issue (including individuals adopted by such Persons, provided that such adopted individuals have not attained the age of majority at the date of such adoption, together with the issue of any such adopted individuals) of any person described in subclause (i)(b) or (c) of the definition of “Member of the Rogers Family”, provided that such Spouse is living at the date of this Indenture or is born after the date of this Indenture and before the Perpetuity Date (all such persons being hereafter referred to as “Qualified Persons”).

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Qualifying Trust means a trust (whether testamentary or inter vivos) any beneficiary of which is a person referred to in clause (i) or (ii) of the definition of “Member of the Rogers Family” or the spouse, widow or widower, for the time being and from time to time, of any person described in subclause (ii)(c), (d) or (e) of the definition of “Member of the Rogers Family” (provided that such spouse, widow or widower is living at the date of this Indenture or is born after the date of this Indenture and before the Perpetuity Date) (all such persons being hereafter referred to as “Qualified Persons”).

Qualifying Trust means a trust:

Examples of Qualifying Trust in a sentence

• Guaranteed Obligations 701(a) Maturity Date 301 Member of the Rogers Family 401 Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Spouse 401 Successor Guarantor 703 SECTION 103.

• Make or permit any amendment or modification to any indenture, note or other agreements evidencing or governing any Qualifying Trust Preferred Obligations, or if any Default or Event of Default has occurred and is continuing or would arise as a result thereof, directly or indirectly pay, prepay, defease or in substance defease, purchase, redeem, retire or otherwise acquire any Qualifying Trust Preferred Obligations.

• Permitted Residuary Beneficiary 401 Perpetuity Date 401 Qualifying Trust 401 Spouse 401 Successor Guarantor 703 SECTION 103.

• Indebtedness resulting from the issuance of Qualifying Trust Preferred Securities C.

• The parties intend and agree that the primary and preferred means of transferring stewardship over the Company over time shall be the appointment of successor Approved Trustees for each Qualifying Trust.

More Definitions of Qualifying Trust

Qualifying Trust means a trust holding title to real or tangible personal property

Qualifying Trust means a trust holding title to real or tangible personal property for which an individual:

Qualifying Trust means a trust subject to subchapter J of the Internal Revenue Code that, during any portion of the trust's qualifying taxable year, has income or gain from the acquisition, management, ownership, use, or disposition of tangible personal property located in this state at any time during the trust's qualifying taxable year or real property located in this state. "Qualifying trust" does not include a person described in section 501(c) of the Internal Revenue Code or a person described in division (C) of section 5733.09 of the Revised Code.

Qualifying Trust means any trust for the benefit of the decedent's spouse which qualifies for the marital deduction allowed under section 2056 of the federal "Internal Revenue Code of 1986", 26 U.S.C. sec. 2056, as amended.

Qualifying Trust means a trust (whether testamentary or inter vivos) any beneficiary of which is a person referred to in clause (i) or (ii) of the definition of "Member of the ▇▇▇▇▇▇ Family" or the spouse, widow or widower, for the time being and from time to time, of any person described in subclause (ii)(c), (d) or (e) of the definition of "Member of the ▇▇▇▇▇▇ Family" (provided that such spouse, widow or widower is living at the date of this Indenture or is born after the date of this Indenture and before the Perpetuity Date) (all such persons being hereafter referred to as "Qualified Persons").

Qualifying Trust means a trust where each beneficiary of the trust is—

Qualifying Trust means a trust (whether testamentary or inter vivos) any beneficiary of which is a person referred to in item (a) or (b) of the definition of "Member of the Rogers Family" or the spouse, widow or widower, for the time being ▇▇▇ ▇rom time to time, of any person described in items (b)(iii), (iv) or (v) of the definition of "Member of the Rogers Family" (provided that such spouse, widow or widower is liv▇▇▇ ▇▇ the date of this Agreement or is born after the date of this Agreement and before the Perpetuity Date), all such persons being hereafter referred to as "Qualified Persons".