Trust Amount definition

Trust Amount has the meaning set forth in the Trust Agreement.

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Trust Amount has the meaning set forth in Section 4.4.

Trust Amount has the meaning specified in Section 7.2(a).

Examples of Trust Amount in a sentence

• Any amounts on deposit in the Supplemental Interest Trust Account in excess of the Supplemental Interest Trust Amount on any Distribution Date shall be held for distribution pursuant to Section 5.02(h) on the following Distribution Date.

• Any amounts on deposit in the Supplemental Interest Trust Account in excess of the Supplemental Interest Trust Amount on any Distribution Date shall be held for distribution pursuant to Section 5.02(e) on the following Distribution Date.

• If the Trust Agreement is terminated for any reason, the Trust Amount shall be transferred to the Beneficiary for deposit in the Environmental Response Fund.

• Any amounts on deposit in the Supplemental Interest Trust Account in excess of the Supplemental Interest Trust Amount on any Distribution Date shall be held for distribution pursuant to Section 4.02(e) on the following Distribution Date.

• The Trust Amount may, however, be reduced in accordance with the express terms of the Trust Agreement and to pay franchise taxes.

More Definitions of Trust Amount

Trust Amount means the amount of cash available in the Trust Account following the Parent Shareholders Meeting, after deducting the amount required to satisfy the Parent Share Redemption Amount (prior to payment of any unpaid transaction expenses).

Trust Amount means the amount of cash that was available in the Trust Account as of the Closing Date, after deducting the amount required to satisfy JCIC’s obligations to its shareholders that exercised their redemption rights.

Trust Amount means pursuant to Section 4.1, the book value of the statutory reserves necessary for Ceding Company to take full statutory credit for the reinsurance ceded pursuant to this Reinsurance Agreement.

Trust Amount means (i) the amount of cash available in the Trust Account following the Acquiror Stockholder Meeting, after deducting the amount required to satisfy the Acquiror Share Redemption Amount (such amount, prior to payment of (x) any deferred underwriting commissions being held in the Trust Account, (y) any Acquiror Transaction Expenses or (z) any Company Transaction Expenses), as contemplated by Section 11.6).

Trust Amount has the meaning given to it in Section 5.12.

Trust Amount means Two Million Dollars ($2,000,000) to be disbursed to an account designated by the Shareholders’ Representative.

Trust Amount means the sum of four hundred and twenty six thousand pounds sterling ((Pound Sterling) 426,000);