Share Trust Agreement definition

Share Trust Agreement means the amended and restated trust indenture made effective as of February 23, 2023 by the Share Trustee, as such trust indenture may be amended or amended and restated from time to time;
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Share Trust Agreement means the Amended and Restated Trust Agreement of Piedmont Share Trust dated as of the Closing Date among the Share Trustee, the Company, Dominion and the Share Trust.
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Share Trust Agreement means the Amended and Restated Trust Agreement, dated as of March 28, 2001, among the Corporation, Williams Share Trust and Wilmington Trust Company, as share trustee.
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Examples of Share Trust Agreement in a sentence

  • Specifically, the Share Trust Agreement and the ITR stipulate that proceeds of any such sale are first allocated among any DB pension up to its solvency deficit (and the proceeds go to ANY plan, not just the plan of whichever Union may have redeemed the shares), or, if there are no plans in deficit, the proceeds are to be held by the Trust to be used in the event of any such deficit.

  • Based on this, this paper attempts to quantitatively investigate the influence of bilateral diplomatic relations on studying in China from multiple aspects, such as the positioning of bilateral diplomatic relations, the history of diplomatic relations, bilateral high-level visits and friendly cities.

  • This means that if the IAMAW sold any of its’ shares under the current 2009 Share Trust Agreement, a pro-rata portion of the proceeds realized through the share sale would have to go to each and every other Air Canada Defined Benefit pension plan and not just the IAMAW plan.

  • Under the terms of the 2009 Share Trust Agreement, any shares that are sold from within the Share Trust must be split between all of the eligible Air Canada pension plans and deposited into every pension plan based upon the pro-rata solvency funding ratio of each pension plan as at the date of the sale.

  • The share is held legally by Wilmington Trust SP Services (Dublin) Limited (the "Share Trustee") under the terms of a declaration of trust (the "Share Trust Agreement") dated 26 April 2019 under which the Share Trustee holds the benefit of the shares on trust for charitable purposes.

  • To ensure that each Union could benefit from all of their own allocated shares, an alternate arrangement had to be agreed to by all parties in order to unlock the value of the 2009 Share Trust Agreement.

  • The second concept that was proposed by Air Canada in their March 24, 25, 2021 presentations to the unions concerned the repurposing and usage of the 2009 Share Trust Agreement to make certain benefits available to select active employees and to all current pensioners who were receiving monthly pension benefits from the Defined Benefit pension plan.

  • There became a realization amongst the Council of Unions that the 2009 Share Trust Agreement would almost certainly not be needed to provide solvency protection for our pension plans going forward.

  • Under the ITR, the Share Trust funds can only be used for deposit into one or more of pension plans to help pay any outstanding solvency deficit and are considered as employer contributions to the pension plans; the 2009 Share Trust Agreement does not contemplate the share sale proceeds being used to provide any pension benefit improvements or any other purpose.

  • That meant that the Council of Unions would have to get creative and find a way to restructure the 2009 Share Trust Agreement and negotiate a new repurposing agreement with Air Canada that would unlock the value of the 2009 Share Trust Agreement for the benefit of as many of our members as possible.


More Definitions of Share Trust Agreement

Share Trust Agreement means the Amended and Restated Share Trust Agreement dated as of the Closing Date among the Issuer, Willxxxx, xxe Share Trust and the Share Trustee.
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Share Trust Agreement means the Second Amended and Restated Trust Agreement of El Paso Share Electron Trust dated as of the Signing Date among the Share Trustee, El Paso and the Share Trust.
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Related to Share Trust Agreement

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • Trust Agreement means this Amended and Restated Trust Agreement, as the same may be modified, amended or supplemented in accordance with the applicable provisions hereof, including all exhibits hereto, including, for all purposes of this Trust Agreement and any such modification, amendment or supplement, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this Trust Agreement and any such modification, amendment or supplement, respectively.

  • Voting Trust Agreement means the Voting Trust Agreement entered into ---------------------- as of April 15, 1996 by and among Xxxxxx X. Xxxx; Xxxxx X. Xxxx, Xx.; Xxxxx X. Xxxx, Xx.; and F. Xxxxxx Xxxxxxx as the Voting Trustees and the stockholders of LSAI Holding Corp. who are parties thereto.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Collateral Trust Agreement means the Collateral Trust Agreement, dated as of the date of this Indenture, among the Company, the Guarantors from time to time party thereto, the Trustee, the other Secured Debt Representatives from time to time party thereto and the Collateral Trustee, as amended, restated, adjusted, waived, renewed, extended, supplemented or otherwise modified from time to time.

  • Supplemental Trust Agreement means any trust agreement then in full force and effect which has been duly executed and delivered by the Authority and the Trustee amendatory hereof or supplemental hereto; but only if and to the extent that such Supplemental Trust Agreement is executed and delivered pursuant to the provisions hereof.

  • Delaware Trust Statute means the Delaware Statutory Trust Act, Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801 et seq., as the same may be amended from time to time.

  • Owner Trustee Fee means an annual fee equal to $3,000, payable on the Payment Date occurring in June of each year, commencing in 2017.