Identification of Holders of Litigation Trust Interests. The record holders of the Litigation Trust Interests shall be recorded and set forth in a register maintained by the Trustee expressly for such purpose. Except as otherwise required by law, references in this Litigation Trust Agreement to the identification of holders and the providing of information to holders shall be read to mean holders of record as set forth in the official register maintained by the Trustee and shall not mean any beneficial owner not recorded on such official registry. Unless expressly provided herein, the Trustee may establish a record date, which it deems practicable for determining the holders for a particular purpose. The distribution of Litigation Trust Interests to the holders of Litigation Trust Interests shall be accomplished as set forth herein.
Identification of Holders of Litigation Trust Interests. The Litigation Trust will not issue any certificate or certificates to evidence any Litigation Trust Interests. The record holders of Litigation Trust Interests shall be recorded and set forth in a register maintained by the Litigation Trustee expressly for such purpose. Such register shall be updated monthly as General Unsecured Claims become Allowed. All references in this Litigation Trust Agreement to holders of Litigation Trust Interests shall be read to mean holders of record as set forth in the official register maintained by the Litigation Trustee and shall not mean any beneficial owner not recorded on such official registry. The distribution of Litigation Trust Assets to either a holder of Allowed General Unsecured Claims or to a holder of Allowed Bond Claims shall be accomplished as set forth in the Plan.
Identification of Holders of Litigation Trust Interests. The Litigation Trust will not issue any certificate or certificates to evidence any Litigation Trust Interests. The record holders of Litigation Trust Interests shall be recorded and set forth in a register maintained by the Litigation Trustee expressly for such purpose (“Register”); provided that the Litigation Trust shall have no obligation to record the identities of the Other Distributees except for the list of agents for the Other Distributees set forth on Exhibit D (as updated from time to time) and the Reorganized Debtors. Such Register shall be updated monthly as Disputed General Unsecured Claims become Allowed General Unsecured Claims. Other than providing information to the Litigation Trustee as to the Disputed General Unsecured Claims that have become Allowed General Unsecured Claims, none of the Reorganized Debtors or their agents, professionals, contractors or employees shall have any responsibility or liability for the maintenance of the Register. All references in this Litigation Trust Agreement to holders of Litigation Trust Interests shall be read to mean holders of record as set forth in the official Register maintained by the Litigation Trustee and shall not mean any beneficial owner not recorded on such official registry.
