Trust Committee definition
Examples of Trust Committee in a sentence
The Board of Directors at its first meeting after its election by the stockholders shall appoint an Executive Committee, a Trust Committee, an Audit Committee and a Compensation Committee, and shall elect from its own members a Chairman of the Board of Directors and a President who may be the same person.
Special meetings of the Trust Committee may be held at any time when a quorum is present.
Except in the case of a Default in payment on the Securities of any Series, the Trustee may withhold the notice if and so long as its Corporate Trust Committee or a committee of its Responsible Officers in good faith determines that withholding such notice is in the interests of Securityholders of that Series.
The Trust Committee shall determine the time and place of its regular meetings.
PROGRAM SPONSOR shall provide notice and invitations to DISTRICT of the meetings of its Joint Apprenticeship Trust Committee, Unilateral Training Committee, any other governing committee, as well as any events held by the program (i.e., Competitions, Graduations).