Share Trust definition

Share Trust means any separate trust created pursuant to Section 1(C) hereof and administered in accordance with the terms of Section 2 hereof, for the exclusive benefit of any Beneficiary.
Share Trust means any separate trust created pursuant to Section 4(a) of this Article V and administered in accordance with the terms of Section 4 of this Article V for the exclusive benefit of any Charitable Beneficiary.
Share Trust means Piedmont Share Trust, a special purpose statutory business trust organized under the law of the State of Delaware.

Examples of Share Trust in a sentence

  • Such transfer to a Share Trust and the designation of shares as Shares-in-Trust shall be effective as of the close of business on the business day prior to the date of the Transfer or Non-Transfer Event, as the case may be.

  • Any dividends (whether taxable as a dividend, return of capital or otherwise) on Excess Shares shall be paid to the Excess Share Trust for the benefit of the Charitable Beneficiary.

  • All dividends received or other income earned by the Excess Share Trust shall be paid over to the Charitable Beneficiary.

  • These procedures are published in the Adjustments Quick Reference Guide.

  • Any dividend or distribution declared but unpaid shall be paid to the Excess Share Trust.


More Definitions of Share Trust

Share Trust means any separate trust created pursuant to Section 1(B) of Article VIII hereof and administered in accordance with the terms of Section 2 of Article VIII hereof, for the exclusive benefit of any Beneficiary.
Share Trust means the trust settled pursuant to the Share Trust Agreement;
Share Trust means the trust created pursuant to Article VIII, Section 1(B), and administered in accordance with the terms of, Article VIII, Section 2 of the Charter.
Share Trust means the Willxxxx Xxxre Trust, a special purpose statutory business trust created under the law of the State of Delaware for the purpose of holding the Shares.
Share Trust means any separate trust created pursuant to this Article IX Section 1.3 hereof and administered in accordance with the terms of this Article IX Section 2 hereof, for the exclusive benefit of any Beneficiary.
Share Trust means a trust established by the Company to hold Shares on behalf of employees and directors of the Company and its subsidiaries;
Share Trust means the Trust established by the Company to administer the Scheme;