Account holders act as a fiduciary, meaning they have a legal responsibility to manage the funds in the best interest of the beneficiaries. Access to funds: Beneficiaries generally do not have direct access to the FBO account. Instead, they rely on the fiduciary to manage and disburse funds ...
Master Lease Agreementhas the meaning set forth in Section 7.2(c)(xiv). the Leasemeans the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1; Head Leaseor “Superior Lease” means the document which sets out the promises the Landlord has made to th...