Eligible Trust definition

Eligible Trust means - (i) a trust created by or in pursuance of the provisions of any law which is for the time being in force in any State, or (ii) a trust, the properties of which are vested in a treasurer under the Charitable Endowments Act 1890 (Act 6 of 1890), or (iii) a religious or charitable trust which is administered or controlled or supervised by or under the provisions of any law, which is for the time being in force relating to religious or charitable trusts or, (iv) any other trust, being an irrevocable trust, which has been created for the purpose of or in connection with the endowment of any property or properties for the benefit or use of the public or any section thereof, or (v) a trust created by a will which is valid and has become effective, or (vi) any other trust, being an irrevocable trust, which has been created by an instrument in writing and includes `depository' within the meaning of Clause(e) of Sub-section (1) of Section 2 of The Depository Act, 1996;
Eligible Trust means - (i) a trust created by or in pursuance of the provisions of any law which is for the time being in force in any State, or (ii) a trust, the properties of which are vested in a treasurer under the Charitable Endowments Act 1890 (Act 6 of 1890), or
Eligible Trust means – (i) a trust created by or in pursuance of the provisions of any law which is for the time being in force in any State, or (ii) a trust, the properties of which are vested in a treasurer under the Charitable Endowments Act 1890 (Act 6 of 1890), or (iii) a religious or charitable trust which is administered or controlled or supervised by or under the provisions of any law, which is for the time being in force relating to

Examples of Eligible Trust in a sentence

  • All subscription documents will be sent via mail to Eligible Trust Unitholders after the book closing date of SHREIT.

  • Eligible Trust Unitholders is existing trust unitholders of Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (“SHREIT”) who are not U.S. persons whose names appear in the registry of trust unitholders as of the book closing date of 23 November 2018 as prepared by Thailand Securities Depositary Company Limited (“TSD”) (“Unitholders Database”).

  • Payments on the NotesThe Series 2017-2 Issuer will pay (a) amounts due on the Series 2017-2 Notes from collections it receives backed by its interest in the Eligible Trust excluding collections that relate to any excess concentration amounts, and (b) amounts due on the ECN from collections it receives backed by its interest in the Eligible Trust that relate to any excess concentration amounts.

  • It is expected that after the date of this Prospectus, new special purpose vehicles will be incorporated which will make a contribution pursuant to the terms of the Asset Trust Deed to fund either the purchase of Eligible Purchased Receivables as Eligible Trust Beneficiaries or Ineligible Purchased Receivables as Ineligible Trust Beneficiaries.

  • The proceeds of such Investment will constitute part of the Available Eligible Trust Distribution Amount or Available Ineligible Trust DistributionAmount to be allocated by the Asset Trustee in accordance with the terms of the Asset Trust Deed.


More Definitions of Eligible Trust

Eligible Trust. , at any time, means a trust, other than a trust
Eligible Trust means an Eligible Trust referred to in Clause 1.8;
Eligible Trust means a trust, other than a trust
Eligible Trust means - (i) a trust created by or in pursuance of the provisions of any law which is for the time being in force in any State, or (ii) a trust, the properties of which are vested in a treasurer under the
Eligible Trust means any trust established for the benefit of all or substantially all of the Eligible Recipients for purposes of receiving, holding and exercising rights under Stock Awards to operate in conjunction with any subplan established pursuant to Section 5(d) of the Plan and designated by the Committee as appropriate for such purposes.
Eligible Trust means an employees' pension, profit-sharing or other trust eligible to
Eligible Trust means any trust or settlement under which only Beneficiaries or a group of Beneficiaries has any interest;