Trusts definition

Trusts shall have the meaning set forth in Section 3.02.

Trusts means real or personal property that is legally held by a person or entity for the benefit of another. This includes, but may not be limited to, express trusts, trusts imposed by court order, trusts administered by the court, and testamentary trusts. Such trusts are subject to Iowa Code chapter 450, even in situations when the estate consists solely of trust property.

Trusts has the meaning set forth in the introductory paragraph hereof.

Examples of Trusts in a sentence

• The Trustees, as defined in 2.1.0, shall consult with other Trusts and Boards to move all employee groups into the Trust(s) at the same time, subject to the Trust being ready to accept the employee group(s).

• The Participating Trust's participation shall be effective as of the next Valuation Date after the Trustee determines, in its sole discretion, that the Participating Trust is a Qualified Trust and all other requirements are satisfied for the Participating Trust's participation in the Composite Trust.

• The Trustees, as defined in 2.1.0, shall cooperate with other Trusts to move all employee groups into the Trust(s) at the same time.

• The Plan Fiduciary, through the Administrator or the Service Provider, shall provide directions to the Trustee as to the investment of assets allocated to the Composite Trust and the distribution of the Participating Trust's assets from the Composite Trust.

• The Plan Fiduciary directs the Trustee, so long as the Participating Trust maintains a balance in the Composite Trust, to pay from the Composite Trust certain amounts as "plan expense reimbursements" to the Participating Trust's Administrator or other Service Provider as directed on the attached Plan Expense Reimbursement Schedule (Exhibit C).

More Definitions of Trusts

Trusts in relation to a charity, means the provisions establishing it as a charity and regulating its purposes and administration, whether those provisions take effect by way of trust or not, and in relation to other institutions has a corresponding meaning.

Trusts means the Plan Trust and the Collateral Trust, collectively.

Trusts shall have the meaning set forth in the preamble.

Trusts means the State Street Master Funds and the State Street Institutional Investment Trust.

Trusts as used in this Section 4.33 includes (i) any and all common law or other trusts between an individual, corporation or other entities and Coast or CCB or any of their predecessors, as trustee or co-trustee, including, without limitation, pension or other qualified or nonqualified employee benefit plans, compensation, testamentary, inter vivos, and charitable trust indentures; (ii) any and all decedents' estates where Coast or CCB or any of their predecessors is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator xx xxxxx non, administrator xx xxxxx non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where Coast or CCB or any of their predecessors is serving or has served as a co-grantor or a sole grantor or a conservator or co-conservator of the estate, or any similar fiduciary capacity; and (iv) any and all agency and/or custodial accounts and/or similar arrangements, including plan administrator for employee benefit accounts, under which Coast or CCB or any of their predecessors is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Trusts shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

Trusts shall have the meaning set forth in Section 12.13.