trust arrangement definition

trust arrangement means any arrangement made pursuant to an express
trust arrangement has the meaning set forth in Section 7.09.

Examples of trust arrangement in a sentence

  • The Following Provisions Apply if Participant is Located in Israel on the Date of Grant Trust Arrangement.

  • Trust Arrangement The Participant understands and agrees that the Award is offered subject to and in accordance with the terms of the Israel Appendix to the RSU Plan (the “Israel Appendix”), and the trust agreement between the trustee appointed by the Company and the Agreement.

  • Subject only to the Trust, the Sub-trust and the Trust Arrangement Agreements, the Securities Sub-trustee has, and at the Closing Time will have, good and valid title to the Securities free and clear of all security interests, mortgages, pledges, charges, claims, liens (excluding statutory general liens over the assets of the BSPC that will automatically expire by the delivery of the Securities to the Global Underwriters), equities or other encumbrances.

  • The Trust Arrangement shall be maintained until the earlier of (A) the payment to Schein of all sums held in the trust or (B) six years after the end of the fiscal year in which the Change in Control occurred.

  • The Trust, as the sole Common Shareholder, is entitled to such number of votes at the Meeting in respect of the ARC Resources Arrangement Resolution as is equal to the number of Trust Units which are voted at the Meeting in respect of the Trust Arrangement Resolution.

  • CAPITAL STRUCTURE - continued Ordinary and Treasury Shares - continued Shares Purchased under a Trust Arrangement - continued 2013, the shares purchased under trust arrangement has a balance of 484,416 and 743,259 ordinary shares, respectively, for future issuance upon vesting of restricted shares.

  • Such trust shall be maintained pursuant to a standard rabbi trust arrangement among the Company, Schein and an independent trustee providing for the timely payment to Schein of the amounts held in such trust in the event Schein becomes entitled thereto under the applicable provisions of this Agreement (the "Trust Arrangement").

  • Trust Arrangement The Optionee understands and agrees that the Options awarded under the Agreement are awarded subject to and in accordance with the terms and conditions of the Plan, the Sub-Plan for Israel (the “Sub-Plan”), the Trust Agreement (the “Trust Agreement”) between the Company and the Company’s trustee appointed by the Company or its Subsidiary in Israel (the “Trustee”), or any successor trustee.

  • Nkosi and Still, nominees of the former Southgold Shareholders have been nominated by management pursuant to a Voting Trust Arrangement described below.Pursuant to a Voting Trust Arrangement entered into at the time the Company purchased Southgold Propriety Ltd.

  • Shares Purchased under a Trust Arrangement On May 15, 2013, the Board of Directors of the Company authorized a trustee to purchase the Company’s ADS from the open market for the purpose of satisfying its obligation to deliver ADS under its 2011 Share Incentive Plan (“Share Purchase Program”).

Related to trust arrangement

  • 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.

  • 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.