Transfer to Trustee Clause Samples

Transfer to Trustee. All Company Contributions shall be transmitted to the Trustee by the Company on the Date of Contribution (described in 3, above), or on the first business day thereafter if the Date of Contribution falls on a weekend or holiday, and shall be credited to the Employee’s Account immediately upon receipt.
Transfer to Trustee. The Company irrevocably grants, releases, assigns, transfers, conveys, and delivers to the Trustee, and the Trustee accepts, all of the Company's right, title, and interest in and to the following property: 1) All of the Company's accounts receivable, whether currently booked or previously written off, 2) All of the Company's rights for royalties, fees, dividends or other monies which may be due the Company as a result of any contractual agreements, 3) All of the Company's rights for specific performance which the Company may have, 4) A lien equal to 100% of any recovery of any award granted to the Company as damages arising out of the tortious conduct of others, 5) A lien equal to 100% of any recovery of any award granted to the Company as restitution for the criminal conduct of others, 6) Two Hundred Sixty-Five million (265,000,000) shares of the Company's common stock, 7) All other property, personal or real, in which the company, as of the date of this agreement, may have total or partial rights of ownership.
Transfer to Trustee. The aggregate amount of the Company’s contributions to the Trust Fund pursuant to Section 3.02 for any calendar month shall be paid to the Trustee in cash, if not paid earlier, as soon as reasonably practicable after such amounts are subject to payroll deduction, but in no event later than the period required by law.
Transfer to Trustee. The Educational Trusts shares of common stock of Heartland shall be transferred and delivered to Trustee. All certificates for stock of Heartland transferred and delivered to the Trustee pursuant to this Agreement shall be surrendered by the Trustee and canceled, and new certificates herefor shall be issued to and held by the Trustee in the name of "▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ as Voting Trustee." Trustee shall hold the Trust Stock subject to the terms of this Voting Trust Agreement, and shall issue and deliver to the Stockholders voting trust certificates for the shares so deposited.
Transfer to Trustee. Promptly following the date hereof, the Partnership shall transfer and assign to the Trustee on behalf of the Trust, and the Trustee shall accept on behalf of the Trust, the Partnership’s entire right, title and interest in and to the assets described on Exhibit A attached hereto (the “Assets”), and all proceeds and income from investment thereof (together with the Assets, the “Trust Property”). The date of such transfer is referred to herein as the “Effective Date”.
Transfer to Trustee. Promptly following the date hereof, the Partnership shall transfer and assign to the Trustee on behalf of the Trust, and the Trustee shall accept on behalf of the Trust, the Partnership’s entire right, title and interest in and to the assets described on Exhibit A attached hereto (the “Assets”), and all proceeds and income from investment thereof (together with the Assets, the “Trust Property”). The date of such transfer is referred to herein as the “Effective Date”. The Partnership will, upon the reasonable request of the Trustee, execute, acknowledge and deliver such further instruments and do such further acts as may be necessary or proper to confirm or effectuate the transfer to the Trustee of the Assets and to vest in the Trustee title to the Assets.

Related to Transfer to Trustee

  • Assignment to Trustee The Seller hereby acknowledges and consents to any mortgage, pledge, assignment and grant of a security interest by the Issuer to the Trustee pursuant to the Indenture for the benefit of the Noteholders of all right, title and interest of the Issuer in, to and under the Receivables and/or the assignment of any or all of the Issuer's rights and obligations hereunder to the Trustee.

  • Certificate to Trustee The Company will furnish to the Trustee annually, on or before a date not more than four months after the end of its fiscal year (which, on the date hereof, is a calendar year), a brief certificate (which need not contain the statements required by Section 10.04) from its principal executive, financial or accounting officer as to his or her knowledge of the compliance of the Company with all conditions and covenants under this Indenture (such compliance to be determined without regard to any period of grace or requirement of notice provided under this Indenture) which certificate shall comply with the requirements of the Trust Indenture Act.

  • Notice to Trustee The Company shall give prompt written notice to the Trustee of any fact known to the Company which would prohibit the making of any payment to or by the Trustee in respect of the Securities of any series pursuant to the provisions of this Article. Notwithstanding the provisions of this Article or any other provision of the Indenture, the Trustee shall not be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee in respect of any Securities of any series pursuant to the provisions of this Article, unless and until the Trustee shall have received written notice thereof from the Company or a holder or holders of Senior Debt or from any trustee therefor; and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Section 603, shall be entitled in all respects to assume that no such facts exist; provided, however, that if the Trustee shall not have received the notice provided for in this Section at least two Business Days prior to the date upon which by the terms hereof any money may become payable for any purpose (including, without limitation, the payment of the principal of (or premium, if any) or interest on any Securities of any series), then, anything herein contained to the contrary notwithstanding, the Trustee shall have full power and authority to receive such moneys and to apply the same to the purpose for which they were received and shall not be affected by any notice to the contrary that may be received by it within two Business Days prior to such date. Subject to the provisions of Section 603, the Trustee shall be entitled to rely on the delivery to it of a written notice by a Person representing himself to be a holder of Senior Debt (or a trustee therefor) to establish that such notice has been given by a holder of Senior Debt (or a trustee therefor). In the event that the Trustee determines in good faith that further evidence is required with respect to the right of any Person as a holder of Senior Debt to participate in any payment of distribution pursuant to this Article, the Trustee may request such Person to furnish evidence to the reasonable satisfaction of the Trustee as to the amount of Senior Debt held by such Person, the extent to which such Person is entitled to participate in such payment or distribution and any other facts pertinent to the rights of such Person under this Article, and if such evidence is not furnished, the Trustee may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment.

  • No Legal Title to Trust Estate in Certificateholders The Certificateholders shall not have legal title to any part of the Trust Estate. A Certificateholder shall be entitled to receive distributions with respect to its undivided Percentage Interest therein only in accordance with Articles V and IX. No transfer, by operation of law or otherwise, of any right, title or interest of a Certificateholder to and in its ownership interest in the Trust Estate shall operate to terminate this Agreement or the trusts hereunder or entitle any transferee to an accounting or to the transfer to it of legal title to any part of the Trust Estate.

  • Reports to Trustee (a) The Company will deliver to the Trustee within 120 days after the end of each fiscal year a certificate from the principal executive, financial or accounting officer of the Company stating that the officer has conducted or supervised a review of the activities of the Company and its performance under this Indenture and that, based upon such review, the Company has fulfilled its obligations hereunder or, if there has been a Default, specifying the Default and its nature and status and what action the Company is taking or proposes to take with respect thereto.