Trust 2 definition
Examples of Trust 2 in a sentence
The Initial Depositor will bear all expenses and charges of the Trust, including, but not limited to: (1) any expenses or liabilities of the Trust; (2) any taxes and other governmental charges that may fall on the Trust or its property; (3) fees, expenses and any indemnification of Trustee; and (4) reasonable and documented legal expenses of outside counsel to the Trustee.
Administrative Services; Consultations with the Trust 2 Section 3.
The Issuer hereby initially designates the Corporate Trust Office of the Trustee at Global Corporate Trust, 2.
As used in this Section 2(b) of Article III, “senior securities” has the meaning assigned to such term by Section 18 of the 1940 Act and “cause” means (1) willful misconduct or gross negligence which is materially injurious to the Trust, (2) fraud or embezzlement or (3) a conviction of, or a plea of “guilty” or “no contest” to, a felony.
Contran will be responsible for determining the number of shares properly elected for purchase by Trust 2 Trustee and each Permitted Holder.
As used in this Section 2 (b), "senior securities" has the meaning assigned to such term by Section 18 of the 1940 Act and "cause" means (1) willful misconduct or gross negligence which is materially injurious to the Trust, (2) fraud or embezzlement or (3) a conviction of, or a plea of "guilty" or "no contest" to, a felony.
Any of Trust Fund 1, Trust Fund 2, Trust Fund 3, Trust Fund 4 Trust Fund 5 or Trust Fund 6, or Trust 1, Trust 2, Trust 3, Trust 4, Trust 5 or Trust 6.
If the Other Holder desires to purchase less than all of the Offered Shares, the Other Holder will mail or deliver written notice to each of the Holder, Contran, Trust 2 Trustee and each Permitted Holder within the Other Holder's Exercise Period, advising that the Other Holder desires to purchase only a designated portion of the Offered Shares.
Notwithstanding anything herein to the contrary, the right of first refusal contained in this Section 2 shall not apply to any Transfer between two or more Permitted Transferees, or any Transfer between one or more Permitted Transferees and Trust 2 Trustee.
River Fuel Trust #2 is the owner of all of the issued and outstanding shares of the capital stock of the Company, all of which shares have been validly issued, are fully paid and non-assessable and are, and will continue to be, owned by River Fuel Trust #2, free and clear of all security interests, pledges, liens, charges, encumbrances, warrants, options or rights to purchase.