Trust Definition Example with 4 Variations

This page contains an example definition of Trust, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Trust. Any trust or trusts established or designated by the Company to hold Stock or other assets in connection with the Plan; provided, however, that (i) such trust shall be sited in the United States, (ii) the funding of such trust shall in no way be contingent upon the financial condition of the Company, and (iii) the assets of such trust shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. The Company shall be considered
Found in New Jersey Resources contract

Variations

Trust. Any shall mean any trust or trusts established or designated by the Company to hold Stock or other assets in connection with the Plan; provided, however, that (i) such trust shall be sited in the United States, (ii) the funding of such trust shall in no way be contingent upon the financial condition of the Company, and (iii) the assets of such trust trusts shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. The Company shall... be considered View More
Found in CVS contract
Trust. Any any trust or trusts established or designated by the Company to hold Stock or other assets in connection with as part of the Plan; provided, however, that (i) such trust shall be sited in the United States, (ii) the funding of such trust shall in no way be contingent upon the financial condition of the Company, and (iii) the assets of such trust trusts shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. The Company shall... be considered View More
Found in 2 Contracts from Intl Flavors & Fragrances
Trust. Any shall mean any trust or trusts established or designated by the Company to hold Stock or other assets in connection with the Plan; provided, however, that (i) such trust shall be sited in the United States, (ii) the funding of such trust shall in no way be contingent upon the financial condition of the Company, and (iii) the assets of such trust shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. The Company shall be... considered "insolvent" for purposes of this Plan and any Trust if (i) the Company is unable to pay its debts as they become due, or (ii) the Company is subject to a pending proceeding as a debtor under the United States Bankruptcy Code View More
Found in New Jersey Resources contract
Trust. Any shall mean any trust or trusts established or designated by the Company to hold Stock or other assets in connection with the Plan; provided, however, that (i) such trust shall be sited in the United States, (ii) the funding of such trust shall in no way be contingent upon the financial condition of the Company, and (iii) the assets of such trust trusts shall remain subject to the claims of the general creditors of the Company in the event of an insolvency of the Company. The Company shall... be considered View More
Found in New Jersey Resources contract
All Definitions