the Trust Property definition

the Trust Property means any such funds and assets as may from time to time be received by the Trustee as trustee under the Trust Deed (from us or any other person), and the assets in which any funds so received may from time to time be invested.
the Trust Property means the items specified in a schedule of trust property prepared by and agreed upon by the Authority and the Trust on 10th January 1995, which schedule has been signed on behalf of both the Authority and the Trust.
the Trust Property means the sum of £1 paid by us to the Trustees, and such other funds and assets as may from time to time be received by the Trustees as trustees under the Trust Deed (from us or any other person), and the assets in which any funds so received may from time to time be invested.

Examples of the Trust Property in a sentence

  • The right, title and interest of the Trustees in the Trust Property shall vest automatically in each Person who may hereafter become a Trustee.

  • Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

  • The Depositor shall make no claim upon the Trust Property for the payment of such expenses.

  • The Trustees shall have exclusive and absolute control over the Trust Property and over the business of the Trust to the same extent as if the Trustees were the sole owners of the Trust Property and business in their own right, but with such powers of delegation as may be permitted by this Declaration.

  • Upon the ceasing of any person to be a Trustee for any reason, such person shall automatically cease to have any right, title or interest in any of the Trust Property, and the right, title and interest of such Trustee in the Trust Property shall vest automatically in the remaining Trustees.


More Definitions of the Trust Property

the Trust Property means any tangible property (including the Collections) issued or otherwise furnished in connection with this Agreement by or on behalf of the Trust, other than any heritable property;
the Trust Property means the property transferred, conveyed, and assigned to the trust by virtue of section 18 of this Act and any property which may be acquired by the trust after the passing of this Act. Da Costa Samaritan Fund Trust Incorporation
the Trust Property means the stocks, shares and other securities, sums of money and other property for the time being held by the trustees for the purposes of the Trust.
the Trust Property means and includes:- the lease hereby granted by the Minister to the Trustees of the said lot of ground on which it is proposed to build the school, any other moneys or properties which may be paid or transferred or issued to and accepted or acquired by the Trustees for the purpose of being held on the trusts hereby declared, and the property or investments from time to time representing the assets specified in paragraphs (a) and (b) of this sub-clause or any of them or any part or parts respectively.
the Trust Property means such property of whatever nature and whether situate in the Island or elsewhere as may from time to time be transferred to or vested in the Trust;
the Trust Property or "the Trust Fund" shall mean:
the Trust Property means the Residual Fund and any other securities, money or other property (excluding Shares which have been appropriated) held by the Trustees subject to the Scheme; and