Trust administration definition

Trust administration means the grant-making function of the trust.
View Source
Trust administration. Facsimile: (312) ▇▇▇-▇▇▇▇ ▇▇y notice hereunder given by letter, telecopy or telex shall be deemed to have been received when it would have been received in the ordinary course of post or transmission, as the case may be.
View Source

Examples of Trust administration in a sentence

  • Grantor, or any person legally executing a Sub-Trust Joinder Agreement on behalf of Grantor, hereby acknowledges a potential conflict of interest in the Trust administration since, pursuant to the terms and conditions of the Trust, any remaining funds in the Grantor’s sub-account shall remain with the Trust to be used as herein set forth.

  • Any expenses incurred by the Trustee in connection therewith shall be deemed to be an appropriate Trust administration expense payable in accordance with Section 6.01 hereof.

  • The reasonable fees and/or compensation of any such assistance the Committee may desire to retain shall be regarded as appropriate Trust administration expenses payable pursuant to Section 6.01.

  • This Section shall be deemed to be a part of any contract to provide for expenses of Plan and Trust administration, whether or not the signatory to such contract is, as a matter of convenience, the Employer.

  • Any resigning, replaced, or removed Trustee shall cooperate and assist in the transition of the Trust administration to a successor Trustee, as reasonably requested by the successor Trustee or the Beneficiary.

  • Fees and/or compensation paid to Unaffiliated Members and reasonable expenses of the members of the Committee pursuant to Section 3.06(3), including premiums for liability insurance, if applicable, shall be regarded as appropriate Trust administration expenses payable pursuant to Section 6.01.

  • Company shall pay all reasonable Trust administration fees and expenses, including Trustee's fees (as agreed upon from time to time between Trustee and Company).

  • Except as provided in Subsection 2.02(a) and Section 2.05 as to surplus assets, Section 2.03 as to Company creditors, and Section 4.02 as to Trustee fees and other Trust administration expenses, the Trust Fund shall be used solely to pay Plan benefits to Participants.

  • Grantor, or any person legally executing a Sub- Trust Joinder Agreement on behalf of Grantor, hereby acknowledges a potential conflict of interest in the Trust administration since, pursuant to the terms and conditions of the Trust, any remaining funds in the Grantor’s sub-account shall remain with the Trust to be used as herein set forth.

  • If at any time the Trustee determines that the Trust is too small in value to justify the expenses and burdens of continued Trust administration, to terminate the Trust and make distribution of the Trust Estate in the same manner as though the Trust was being terminated at the end of its normal term.

Related to Trust administration

  • Contract administration means all functions, duties, and responsibilities

  • Agency Services Address means NationsBank, N.A., NC1-001-15-04, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, Charlotte, North Carolina 28255, Attn: Agency Services, or such other address as may be identified by written notice from the Administrative Agent to the Borrower.

  • Owner Trustee Corporate Trust Office means the office of the Owner Trustee at which its corporate trust business shall be administered, which initially shall be ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: Corporate Trust Administration, or such other office at such other address as the Owner Trustee may designate from time to time by notice to the Certificateholder, the Servicer, the Indenture Trustee, the Trust Depositor and Harley-Davidson Credit.

  • Misadministration means the administration of:

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes: