the First Trustees definition
Examples of the First Trustees in a sentence
Any vacancy caused by death of any one of the First Trustees, or any vacancy caused by the resignation of any of the Trustees, may be filled up by co-option by the Board of Trustees.
Each Beneficiary who wishes to vote for Candidates shall address his/her vote or votes to the First Trustees by returning such notice, stating the names of the Candidates for whom s/he is voting.24.3.
Each Beneficiary who wishes to vote for Candidates shall address his/her vote or votes to the First Trustees by returning such notice, stating the names of the Candidates for whom s/he is voting.
Sh. 3, Trustee Further trustees may be nominated by the First Trustees.
The parties of this deed shall be the First Trustees and they shall automatically form the Board of Trustees.
The Board of Trustees may propose co-option of new trustee from the blood relation of retiring trustee, in case of vacancy caused by death/ incapacitation/ resignation of any of the First Trustees for adoption by the Managing Trustee.
The New Trustees shall, on the effective date of this Supplemental Trust Deed, assume and act as the successor trustee(s) for the [Name of Trust] upon such terms and conditions as set out in the Principal Trust Deed except for any breach committed by the First Trustees/ previous trustees.