Sentences with phrase «held on trust»

DOGIT land is held on trust for the benefit of Indigenous inhabitants and is subject to greater government control than full ownership.

The South Australian Aboriginal Lands Trust Act 1966 (SA) marking the beginning of land rights type legislation in Australia aimed to address this historical injustice by ensuring title to reserve land, and to extra land where possible, was held on trust for the benefit of Aboriginal people.

Finally, in Jacklin the defendant sought to argue that he had not «received» the monies within the meaning of s 213 (3) until he discovered that the landlord had failed to register the deposit as per their agreement, and that until that moment the monies were held on trust for the landlord.

l that, by implication, the period will not apply to commercial interests but only to future interests and those held on trust (s 1).

Mr Justice Lewison rejected the possibilities that the estate was either held on trust for the diocese absolutely or by the diocese on trust for the Caribbean Community Centre — where Sister Joseph worked — or that there was an intestacy.

It ruled that «the most plausible inference from the known facts» was that each of the properties was held on trust by the companies for the husband.

A formal claim was brought in January 2003 to remove M as administratrix, and the claimants also sought an account of Loftus» assets and a declaration that the yard was held on trust for the estate.

In 1991 one share was transferred from the nominee to each of Antoni's two eldest children; and another share was transferred to a different nominee, apparently to be held on trust for the other child.

In equity and trusts we are now also aware that a bribe or secret commission accepted by an agent is held on trust for his principal, following the case of Attorney ‐ General for Hong Kong v Reid [1993] UKPC 36.

Re Zebra Industrial Projects Ltd [2005] BCC 104 (Ch)-- Whether assets of failed CVA were held on trust for CVA creditors or general body of creditors.

Under these provisions, the court is also able to order the sale of property held on trust.

The precise terms of this arrangement, for example whether the property is held on trust, whether the occupying parent will contribute financially to the purchase or running costs of the property, whether the property will become the children's rather than reverting to the paying parent, can be the subject of negotiation or order by the court.

Mr MacLeod was resolute in his view that the property bought from the housing fund should be held on trust for him.

A declaration that half of the net estate was held on trust for him was sought.

The Fraser (No 2) decision The current concern is plainly that the provisions of LSIA 1854 will result in the proceeds of any sales of libraries and museums by councils being held on trust for the original grantor or their successors or assigns (rather than the land having to be given back).

If it is important to you that your assets be held on trust for any of your beneficiaries, you should consult with your estate lawyer as to the best way to do this.

(18) BTA Bank v. Solodchenko (CA)[2011] 1 WLR 888 A respondent to a freezing injunction in the Commercial Court form is not permitted to say that assets need not be disclosed because he holds them on trust for another.

Not exact matches

Regulatory filings on New Year's Eve revealed that he and his brother each gave away 1.5 million Walmart shares to the family charity, Walton Family Holdings Trust, while sister Alice gave away 3.7 million shares, for a total family donation of $ 407 million.

If you want to build trust and credibility with your customers and hold on to them for life, follow these 10 important tips:

OPINION: Wesfarmers has received some positive news on its move into UK hardware, but things are less rosy for investors in the local property trust in which it holds a major stake.

Bill Miller, the famed value investor who manages the Miller Opportunity Trust mutual fund and holds 16 % of its portfolio in airline stocks, imagines a new normal in which airlines remain profitable during slumps because of their newfound discipline on capacity.

In a filing with U.S. securities regulators on Thursday, Buffett disclosed he had bought 2 million shares, or an 8 % stake, in Seritage Growth Properties (SRG), a real estate investment trust Sears created last summer to extract money from its enormous real estate holdings.

Additionally, Himes held up a dollar bill to make the point that both the US currency and the banking system were based on trust that they would work.

Larry Haverty, Gabelli Multimedia Trust, weighs in on the news that Disney held deal talks to buy most of 21st Century Fox.

Minutes after Morneau strode out of the meeting — ignoring shouted questions about why he hasn't put his own extensive business holdings in a blind trust — Long held forth on what he clearly felt was his moment to savour.

Employees own the shares through the trust, but closely held companies can control the voting of the trust on almost all issues if they so choose.

Dr. Freire currently serves on the board of directors of Alexandria Real Estate Equities, Inc., a publicly - held urban office real estate investment trust uniquely focused on collaborative life science and technology campuses.

CAMBRIDGE, Mass., April 9, 2018 / PRNewswire / — Akamai Technologies, Inc. (NASDAQ: AKAM), the world's largest and most trusted cloud delivery platform, announced today that the company will hold a conference call for investors on Monday, April 30th, 2018, at 4:30 p.m. ET.

Holdings of SPDR Gold Trust, the world's largest gold - backed exchange - traded fund, climbed 1.01 percent to 826.95 tons on Tuesday from Monday.

Regulatory filings on New Year's Eve revealed that Walton and his brother each gave away 1.5 million Walmart shares to the family charity, Walton Family Holdings Trust, while sister Alice gave away 3.7 million shares, for a total family donation of $ 407 million.

The anchor model took hold, and over the ensuing decades, Melvin Simon & Associates grew into a shopping center behemoth, becoming the largest real estate investment trust to list shares on the stock market with its 1993 IPO.

And we omitted real - estate - investment trusts, oil - and - gas explorers, holding companies, financial institutions, closed - end funds, and foreign entities, on the grounds that including such anomalous structures scrambles data into an apples - and - oranges mà ‰ lange.

The Firefighters» Pension System of the City of Kansas City, Missouri, Trust, 414 East 12th Street, Kansas City, MO 64106, which held 100 shares of our common stock on November 7, 2008; along with the following co-filers: Miami Fire Fighters» Relief and Pension Fund, 2980 N.W. South River Drive, Miami, FL 33125 - 1146, which held 10,785 shares of our common stock on November 8, 2008; and the City of Philadelphia Public Employees Retirement System, Two Penn Center Plaza, 16th Floor,

Prior to the consummation of the Formation Transactions described below, our business was operated through our predecessor limited liability company, SoulCycle Holdings, LLC, or SCH, the only members of which were Equinox Holdings, Inc., or EHI, our founders, Elizabeth P. Cutler and Julie J. Rice and trusts for the benefit of their respective families, and a special purpose vehicle formed to hold equity ownership in SCH on behalf of certain SCH employees.

Staying on hold would also signal that the Bank trusts the Labour Force Survey more than most people, and puts a higher weighting on labour market than production data.

Just this month, Ford Motor Co (F) gave some color on its plans, while Intel Corporation (INTC), General Motors Co (GM), Alphabet Inc (GOOG)(GOOGL) via Waymo and Nvidia Corporation (NVDA)-- the last two of which are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio — continue to make progress too.

The squeeze - out of the minority shareholders can be completed at the end of six weeks from the date the notice has been given, subject to the minority shareholders failing to successfully lodge an application to the court to prevent such squeeze - out any time prior to the end of those six weeks following which the offeror can execute a transfer of the outstanding shares in its favor and pay the consideration to us, which would hold the consideration on trust for the outstanding minority shareholders.

He currently holds over 4 million shares in the Trust, meaning that his performance will have a very material effect on his wealth.

Although I put Digital Realty Trust on the list, generally what I'm looking to do is to take advantage of an expected US interest rate hike in December to add some diversification to my current US REIT holdings of Realty Income and Omega Healthcare.

Absent an exemption, if a pension plan subject to ERISA is a limited partner in a venture fund, then all of the venture fund's assets are subject to regulations that require the venture fund assets to be held in trust, prohibit certain transactions and place fiduciary duties on fund managers.

Examples of will substitutes include: life insurance, retirement accounts, annuities, custodial accounts, trusts, government savings bonds, property held by joint tenancy, property transferred by deeds of title or gifts, and payable - on - death or transfer - on - death accounts.

Kingdom Trust, for example, charges a monthly $ 20 comment price as well as a 0.07 percent holding price on your comment balance.

The First Trust biotech ETF has just 30 holdings, with an index that concentrates on what the ETF hopes is the best bets in the space.

On the off chance that this is a free binary options framework like I trust it is we will probably hold up to see what the group says before we get included.

Accordingly, the Shareholder generally will recognize gain or loss on the sale in an amount equal to the difference between (1) the amount realized pursuant to the sale of the Shares, and (2) the Shareholder's tax basis for the portion of its pro rata share of the Bitcoins held by the Trust at the time of sale that is attributable to the Shares sold, as determined in the manner described in the preceding paragraph.

Bitcoins held in the Trust Custody Account will be stored on computer hardware using computer software owned by the Sponsor and leased and licensed to the Trustee.

The Trust holds «Bitcoins,» a digital commodity based on an open source cryptographic protocol existing on the online, end - user - to - end - user network hosting the public transaction ledger, known as the «Blockchain,» and the source code comprising the basis for the cryptographic and algorithmic protocols governing the issuance of and transactions in Bitcoins (the «Bitcoin Network»).

The Trust's Bitcoins are held by the Trustee, as custodian on behalf of the Trust, at its various United States premises on a segregated basis.

Furthermore, the value of the Trust's holdings will be reported each day on www.

The Trustee will transfer Bitcoins held by the Trust to the Trust Expense Account to pay Trust expenses not assumed by the Sponsor on an as - needed basis, irrespective of then - current Bitcoin prices on the Bitcoin Exchange Market.