BMS Master RIP Trust Clause Samples

The BMS Master RIP Trust clause establishes a trust arrangement, typically used in structured finance or insurance-linked securities, where assets or rights are held by a trustee for the benefit of specified parties. In practice, this clause outlines the creation, management, and operation of the trust, including the roles of the trustee and beneficiaries, the types of assets held, and the conditions under which distributions or payments are made. Its core function is to provide a secure and transparent mechanism for managing and distributing assets, thereby protecting the interests of beneficiaries and ensuring compliance with the terms of the underlying transaction.
BMS Master RIP Trust. “BMS Master RIP Trust” means the ▇▇▇▇▇▇▇-▇▇▇▇▇ Squibb Company Master Retirement Trust. Assets of the BMS RIP and BMSPR RIP are held in the BMS Master RIP Trust.
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Related to BMS Master RIP Trust

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