Beneficial Interests in Trust Sample Clauses

Beneficial Interests in Trust. 4 Section 4.1. Undivided Trust Interest..........................................................4 Section 4.2. Special Units of Beneficial Interest..............................................5 Section 4.3. Form of Certificate; Registration of Certificates.................................6 Section 4.4. Mutilated, Destroyed, Lost or Stolen Certificates.................................7 Section 4.5. Retitling of Leased Vehicles......................................................8 PART V DUTIES AND POWERS OF TRUST AND TRUSTEES; TRUSTEE LIABILITY.....................................8 Section 5.1. Duties and Powers of Trustees; Limitations on Trust Activity......................8 Section 5.2. Duty of Care.....................................................................10 Section 5.3. Certain Matters Affecting the Trustees...........................................11 Section 5.4. Trustees Not Liable for Certificates or User Leases..............................13 Section 5.5. Indemnity of Trustees and Trust Agents...........................................13 Section 5.6. Trustee's Right Not to Act.......................................................14 Section 5.7. Doing Business in Other Jurisdictions............................................14 PART VI APPOINTMENT, COMPENSATION AND REMOVAL OF TRUSTEES.............................................15
Sample 1Sample 2
Beneficial Interests in Trust. 3 Section 4.1. Undivided Trust Interest.................................3 Section 4.2. Special Units of Beneficial Interest.....................5 Section 4.3. [Intentionally Left Blank.]..............................6 Section 4.4. Form of Certificate: Registration of Certificates........6 Section 4.5. Mutilated, Destroyed, Lost or Stolen Certificates........7 Section 4.6. Retitling of Trust Vehicles..............................7
Sample 1
Beneficial Interests in Trust 
Sample 1Sample 2Sample 3See All (9)

Related to Beneficial Interests in Trust

  • Transfer and Exchange of Beneficial Interests in Global Notes The transfer and exchange of beneficial interests in the Global Notes shall be effected through the Depository, in accordance with the provisions of this Indenture and the applicable rules and procedures of the Depository. Beneficial interests in Transfer Restricted Global Notes shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Beneficial interests in Global Notes shall be transferred or exchanged only for beneficial interests in Global Notes. Transfers and exchanges of beneficial interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: (i) Transfer of Beneficial Interests in the Same Global Note. Beneficial interests in any Transfer Restricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Transfer Restricted Global Note in accordance with the transfer restrictions set forth in the Restricted Notes Legend; provided, however, that prior to the expiration of the Restricted Period, transfers of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person. A beneficial interest in an Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be delivered to the Registrar to effect the transfers described in this Section 2.2(b)(i).

Most Referenced Clauses

Most Referenced Definitions