Examples of Trust Foundation in a sentence
This means inter alia that the Investor shall procure the incorporation of the trust foundation (the “Trust Foundation”) that shall issue the uniQure DRs and the preparation of the trust conditions pursuant whereto the Trust Foundation shall hold the (class B) ordinary shares in the capital of the Purchaser on trust and of the shareholders agreement to be entered into between the shareholders of the Purchaser.
Each of the Parties hereto shall pay its own expenses incurred or to be incurred in connection with this Agreement and matters incidental to this Agreement, except for the expenses incurred or to be incurred by the Trust Foundation, the Existing Investors and the New Investor I, which expenses shall be borne by the Company.
These activities are further supported by significant financial contributions of SI Bank & Trust Foundation, which was formed when the Company went public in 1997.In closing, we would like to assure you that our focus on improving shareholder value has never wavered.
Metiscan does not have any (i) subscriptions, options, warrants, rights or other agreements outstanding to acquire from Metiscan shares of stock of Metiscan or any other equity security or security convertible into an equity security of Metiscan, except for the number of shares of Common stock issued and outstanding payable to S.B.C.H Charitable Trust Foundation, or (ii) agreements or commitments to increase, decrease or otherwise alter the authorized capital stock of Metiscan.
The member(s) of the board of the Trust Foundation shall be such persons as the Board may in its absolute discretion determine.
Between 1998 and 2000, he was President and CEO of Solomon Trust Foundation, a philanthropic charitable organization providing direct financial assistance to low and moderate-income families to facilitate home ownership opportunities.
Exhibit B-3 - Investor Certificate: Provide the information requested by the Certificate for Corporate, Partnership, Trust, Foundation and Joint Investors (B-3).
Unless the Board in its absolute discretion determines that this Rule 4.6 shall not apply, as soon as possible after receipt of the first Exercise Notice provided under the Plan, but before the issue of any Shares in respect of such exercise, the Board shall procure that the Trust Foundation is incorporated and the trust conditions (administratievoorwaarden) of the Trust Foundation are established.
The Company or an Optionholder’s employer or the Trust Foundation may withhold any amount or make any arrangements which it considers necessary to satisfy any liability to tax or social security contributions which may arise from the grant, exercise, assignment, release or cancellation of Options granted to an Optionholder or the purchase of his Exercised Shares under Rule 8 (Exercised Shares).
The Plan further allows for the establishment of a charitable foundation, ESSA Bank & Trust Foundation, to be funded with cash and with stock issued in the conversion.