Examples of Trust Stock in a sentence
In all other respects, the terms of the revised Stock Trust (Stock Trust A) and Residuary Trust (Residuary Trust A) were the same as those provided in Testator’s Will.
The Plan Trust shall exercise voting rights associated with the Plan Trust Stock in furtherance of the liquidation of the Debtors and compliance with the provisions of the Plan.
The continuing rights of holders of Equity Interests (including through their interest in the Plan Trust Stock or otherwise) shall be nontransferable except by operation of law.
The sole purpose of the Plan Trust shall be to hold the Plan Trust Stock as provided in Section 4.17(b).
On the Effective Date, all LBHI Stock shall be cancelled and the Plan Trust Stock shall be issued to the Plan Trust which will hold such share for the benefit of the holders of such former LBHI Stock consistent with their former relative priority and economic entitlements; provided, however, that the Plan Trust may not exercise any voting rights appurtenant thereto in conflict with Article VII of the Plan.