Trust Conversion definition

Trust Conversion means the plan of arrangement pursuant to Section 193 of the ABCA, which closed on July 9, 2009 and pursuant to which, among other things, the Trust was dissolved and the Corporation became the resulting entity;
View Source
Trust Conversion shall have the meaning ascribed thereto in the Existing Credit Agreement.
View Source
Trust Conversion means a merger, reorganization, conversion, sale, acquisition or other transaction undertaken by the Fund having regard to the potential application of the SIFT Rules.
View Source

Examples of Trust Conversion in a sentence

  • The Company may change any Paying Agent, Security Registrar, co-registrar or, with the consent of the Trust, Conversion Agent without prior notice.

  • The term of the JPM Name License shall commence on the Closing Date and expire upon (x) in the case of clauses (i) and (ii) of the prior sentence, the completion of the Corporate Trust Conversion and (y) in the case of clause (iii) of the prior sentence, the expiration or termination of the Servicing Agreement.

  • Such Corporate Trust Conversion Project Managers shall act as the principal contacts between the parties on matters relating to the Corporate Trust Conversion, and shall coordinate the assignment of personnel as required and generally facilitate the planning, execution and completion of the Corporate Trust Conversion pursuant to the Corporate Trust Conversion Plan.

  • As promptly as practicable after the date hereof, JPM and BNY shall each appoint qualified staff members to act as project managers for the Corporate Trust Conversion (each, a “Corporate Trust Conversion Project Manager”).

  • As promptly as practicable after the date hereof, JPM and BNY shall each appoint qualified staff members to act as project managers for the Corporate Trust Conversion (each, a "CORPORATE TRUST CONVERSION PROJECT MANAGER").

  • Project Managers shall act as the principal contacts between the parties on matters relating to the Corporate Trust Conversion, and shall coordinate the assignment of personnel as required and generally facilitate the planning, execution and completion of the Corporate Trust Conversion pursuant to the Corporate Trust Conversion Plan.

  • As promptly as practicable after the date hereof, JPM and BNY shall each appoint qualified staff members to act as project managers for the Corporate Trust Conversion (each, a "Corporate Trust Conversion Project Manager").

  • The Initial Borrower shall be treated as a domestic partnership for U.S. federal income tax purposes at all times prior to the occurrence of the Statutory Trust Conversion.

  • In addition to any conversion of the data and systems files as part of the Corporate Trust Conversion pursuant to the Corporate Trust Conversion Plan and subject to the Corporate Trust Transition Support Agreement, the parties shall reasonably cooperate in performing such tasks as may be outlined in the Corporate Trust Conversion Plan, including the collection and input of relevant data, development of new operating procedures and design of forms, in each case, as mutually agreed by the parties.

  • In addition to any conversion of the data and systems files as part of the Corporate Trust Conversion pursuant to the Corporate Trust Conversion Plan and subject to the Corporate Trust Transition Services Agreement, the parties shall reasonably cooperate in performing such tasks as may be outlined in the Corporate Trust Conversion Plan, including the collection and input of relevant data, development of new operating procedures and design of forms, in each case, as mutually agreed by the parties.

Related to Trust Conversion

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Certificate of Conversion means the Certificate of Conversion to Limited Liability Company of the Corporation to the Company as filed in the office of the Secretary of State of the State of Delaware pursuant to the Delaware Act.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.