Xxxxx Trusts definition

Xxxxx Trusts shall have the meaning assigned to such term in the introductory section of this Agreement.
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Xxxxx Trusts has the meaning set forth in the preamble.
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Xxxxx Trusts means the J. Xxxxxxx Xxxxx and Xxxxxx Xxxxxx Xxxxx Irrevocable Life Insurance Trust for J. Xxxxx Xxxxx and the J. Xxxxxxx Xxxxx and Xxxxxx Xxxxxx Xxxxx Irrevocable Life Insurance Trust for G. Xxxxxxx Xxxxx.
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Examples of Xxxxx Trusts in a sentence

  • Cruiser represents and warrants to the Company that as of the date of this Agreement, Cruiser (i) beneficially owns in the aggregate 2,095,523 shares of Common Stock (as determined under Rule 13d-3 promulgated under the Exchange Act), which includes the Xxxxx Trust Shares; and (ii) has sole voting and dispositive power over any securities of the Xxxxx Trusts that Cruiser buys on behalf of the Xxxxx Trusts, terminable on ninety (90) days’ notice.

  • Xxxxx Trust's share of such cost, $331,974, shall be subtracted from the Cash Merger Consideration payable to it at Closing in full satisfaction of its obligations under the preceding sentence.

  • To the extent that Xxxxx and the Xxxxx Trusts forfeit more than 30,000,000 Reallocable Units in each Partnership, Och shall remain eligible to receive a portion of the Reallocable Units that are not reallocated pursuant to the foregoing provisions of this Section 2(a) in accordance with the terms of the Limited Partnership Agreements.

  • Immediately upon entry of the Stipulated Orders, Xxx XX shall instruct Bank of America to transfer to City National Bank, as a successor cotrustee of the Xxxxx Trusts, all assets including accumulated income in the Xxxxx Trusts by wire transfer or bank transfer.

  • Xx. Xxxxx shall serve as Chairperson for an initial term of two years or until his Percentage Interest (together with the Percentage Interests of the Xxxxx Trusts) falls below 20%, whichever comes sooner.

  • Xxx XX hereby revokes, rescinds, and cancels any and all instruments designating or purporting to designate a successor trustee or successor trustees of the Xxxxx Trusts.

  • Xxxxx -- 500,000 shares] By: /s/ Xxxxx Xxxxx ---------------------------------------- Name: Xxxxx Xxxxx [Trusts for the benefit of 3 minor children - 150,000 shares] By: /s/ Xxxxx Xxxxxx Xxxxxx ---------------------------------------- Name: Xxxxx Xxxxxx Xxxxxx Title: Trustee IN THEIR CAPACITIES AS PERMITTED HOLDERS, FOR PURPOSES OF SECTION 3 AND 6 HEREOF ONLY XXXXXX X.

  • Xxx XX hereby revokes, rescinds, and cancels any and all instruments exercising or purporting to exercise any powers of appointment over the Xxxxx Trusts.

  • Xxx XX hereby agrees to not exercise any powers of appointment over the Xxxxx Trusts at his death or during his lifetime.

  • All principal assets of the Xxxxx Trusts shall remain under the control of City National Bank, or any successor institutional trustee, and no such assets shall be managed or controlled by any individual trustee without filing a bond equal in amount to the value of such assets.

Related to Xxxxx Trusts

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Trusts shall have the meaning set forth in Section 3.02.

  • Owner Trust means the trust created by this Agreement.

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

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

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • 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.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

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

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • 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.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of September 23, 2010, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Basic Pass Through Trust Agreement means the Pass Through Trust Agreement, dated October 3, 2012, between Owner and Pass Through Trustee, but does not include any Trust Supplement.

  • Income trust means a trust or an entity, including corporate and non-corporate entities, the securities of which entitle the holder to net cash flows generated by an underlying business or income-producing properties owned through the trust or by the entity;

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

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • Master Trust means Citibank Credit Card Master Trust I.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.