Common use of Enforcement of Trust Agreement and Legal Proceedings Clause in Contracts

Enforcement of Trust Agreement and Legal Proceedings. The Company shall have the right to enforce any provision of this Trust Agreement. In any action or proceedings affecting the Trust, the only necessary parties shall be the Company and the Trustee and, except as otherwise required by applicable law, no other person shall be entitled to any notice or service of process. Any judgment entered in such an action or proceedings shall, to the maximum extent permitted by applicable law, be binding and conclusive on all persons having or claiming to have any interest in the Trust.

Appears in 4 contracts

Samples: Trust Agreement (Alpha Natural Resources, Inc.), Alpha Operating Companies Rabbi Trust Agreement (Alpha Natural Resources, Inc.), Trust Agreement (Alpha Natural Resources, Inc.)

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Enforcement of Trust Agreement and Legal Proceedings. The Company shall have the right to enforce any provision of this Trust Agreement. In any action or proceedings proceeding affecting the Trust, the only necessary parties shall be the Company Company, the Trustee and the Trustee Committee and, except as otherwise required by applicable law, no other person shall be entitled to any notice or service of process. Any judgment entered in such an action or proceedings proceeding shall, to the maximum extent permitted by applicable law, be binding and conclusive on all persons having or claiming to have any interest in the Trust.

Appears in 3 contracts

Samples: Trust Agreement (Mid Atlantic Medical Services Inc), Compensation Trust Agreement (Mid Atlantic Medical Services Inc), Trust Agreement (Mid Atlantic Medical Services Inc)

Enforcement of Trust Agreement and Legal Proceedings. The Company shall have the right to enforce any provision of this Trust AgreementAgreement in its own name. In any action or proceedings proceeding affecting the Trust, the only necessary parties shall be the Company and the Trustee and, except as otherwise required by applicable law, no other person shall be entitled to any notice or service of process. Any judgment entered in such an action or proceedings proceeding shall, to the maximum extent permitted by applicable law, be binding and conclusive on all persons having or claiming to have any interest in the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

Enforcement of Trust Agreement and Legal Proceedings. The Company shall have the right to enforce any provision of this Trust Agreement, and on or after a Change of Control, any Participant (or if such Participant is deceased, his Beneficiary) shall have the right as a beneficiary of the Trust to enforce any provision of this Trust Agreement that affects the right, title and interest of such Participant in the Trust. In Except as otherwise provided in Sections 5.6 and 5.7 hereof, in any action or proceedings proceeding affecting the Trust, the only necessary parties shall be the Company Company, the Trustee and the Trustee and, except as otherwise required by applicable law, no other person shall be entitled to any notice or service of process. Any judgment entered in such an action or proceedings shall, to the maximum extent permitted by applicable law, be binding and conclusive on all persons having or claiming to have any interest in the Trust.Participants

Appears in 1 contract

Samples: Trust Agreement (Gtech Holdings Corp)

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Enforcement of Trust Agreement and Legal Proceedings. The Company shall have the right to enforce any provision provi- sion of this Trust Agreement. In any action or proceedings proceeding affecting the Trust, the only necessary parties shall be the Company Company, the Trustee and the Trustee Committee and, except as otherwise required by applicable law, no other person shall be entitled to any notice or service of process. Any judgment entered in such an action or proceedings proceeding shall, to the maximum extent permitted by applicable law, be binding and conclusive on all persons having or claiming to have any interest in the Trust.

Appears in 1 contract

Samples: Trust Agreement (Mid Atlantic Medical Services Inc)

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