Common use of Trust Administration Clause in Contracts

Trust Administration. BAB does not presently exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three years prior to the date hereof. The term "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 BABANK or a predecessor, 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 BABANK or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK or a predecessor 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 BABANK or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 2 contracts

Sources: Merger Agreement (Greater Bay Bancorp), Merger Agreement (Bay Area Bancshares)

Trust Administration. BAB does not Neither Acquiror nor any of its subsidiaries presently exercise exercises trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has not exercised such trust powers for a period of at least three seven years prior to the date hereof. The term "trusts" as used in this Section 4.33 5.24 includes (i) any and all common law or other trusts between an individual, corporation or other entities and BABANK Acquiror or a predecessorany of its subsidiaries, as trustee or co- 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 BABANK Acquiror or a predecessor any of its subsidiaries is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK Acquiror or a predecessor any of its subsidiaries is serving or has served as a co-grantor or a sole grantor or a conservator or a 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 BABANK Acquiror or a predecessor any of its subsidiaries is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 2 contracts

Sources: Merger Agreement (Monarch Bancorp), Merger Agreement (Sc Bancorp)

Trust Administration. BAB PRB does not presently exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three 3 years prior to the date hereof. The term "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 BABANK PRB or a predecessor, 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 BABANK PRB or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK PRB or a predecessor is serving or has served as a co-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 BABANK PRB or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Greater Bay Bancorp)

Trust Administration. BAB BCS does not presently exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three years prior to the date hereof. The term "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 BABANK BBC or a predecessor, 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 BABANK BBC or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK BBC or a predecessor 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 BABANK BBC or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Sources: Merger Agreement (Bay Commercial Services)

Trust Administration. BAB PBC does not presently exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three 3 years prior to the date hereof. The term "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 BABANK PBC or a predecessor, 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 BABANK PBC or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK PBC or a predecessor 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 BABANK PBC or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Greater Bay Bancorp)

Trust Administration. BAB BCS does not presently exercise trust -------------------- powers, -------------------- including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three years prior to the date hereof. The term "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 BABANK BBC or a predecessor, 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 BABANK BBC or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK BBC or a predecessor 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 BABANK BBC or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Sources: Merger Agreement (Greater Bay Bancorp)

Trust Administration. BAB Granite does not presently exercise trust -------------------- powers, including, but not limited to, trust administration, and neither it nor any predecessor has exercised such trust powers for a period of at least three (3) years prior to the date hereof. The term "trusts" as used in this Section 4.33 4.34 includes (i) any and all common law or other trusts between an individual, corporation or other entities and BABANK Granite or a predecessor, as trustee or co- 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 BABANK Granite or a predecessor is serving or has served as a co-executor or sole executor, personal representative or administrator, administrator ▇▇ ▇▇▇▇▇ non, administrator ▇▇ ▇▇▇▇▇ non with will annexed, or in any similar fiduciary capacity; (iii) any and all guardianships, conservatorships or similar positions where BABANK Granite or a predecessor 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 BABANK Granite or a predecessor is serving or has served as an agent or custodian for the owner or other party establishing the account with or without investment authority.

Appears in 1 contract

Sources: Merger Agreement (CVB Financial Corp)