Absolute Owners. The Trustee may deem and treat the Beneficiary reflected as the owner of Litigation Trust Interest on the Register as the absolute owner thereof for the purposes of receiving distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 2 contracts
Samples: Litigation Trust Agreement (Seventy Seven Energy Inc.), Litigation Trust Agreement
Absolute Owners. The Trustee may deem and treat the Beneficiary reflected as the owner of Litigation Trust Interest on the Register as the absolute owner thereof of the beneficial interest in the Trust for the purposes of receiving distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 2 contracts
Samples: Trust Agreement (Par Petroleum Corp/Co), Trust Agreement (Par Petroleum Corp/Co)
Absolute Owners. The Trustee may deem and treat the Beneficiary Beneficiaries reflected as the owner owners of Litigation Trust Interest Beneficial Interests on the Beneficiary Register as the absolute owner owners thereof for the purposes of receiving distributions Distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 1 contract
Samples: Liquidating Trust Agreement (Sooner Holdings, Inc.)
