Common use of Incidents of Ownership Clause in Contracts

Incidents of Ownership. The holders ----------------------- of Partnership Units as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Units in the Partnership's Trust, and the Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.

Appears in 11 contracts

Samples: Liquidating Trust Agreement (American Income Fund I-a LTD Partnership), Liquidating Trust Agreement (American Income Partners v C LTD Partnership), Liquidating Trust Agreement (American Income Partners v a LTD Partnership)

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Incidents of Ownership. The holders ----------------------- of Partnership Units as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Units in the Partnership's Trust, and the Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.

Appears in 10 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund Ii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iv), Liquidating Trust Agreement (PLM Equipment Growth Fund)

Incidents of Ownership. The holders ----------------------- of Partnership Units as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Units in the Partnership's Trust, and the Managing Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.

Appears in 5 contracts

Samples: Liquidating Trust Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Liquidating Trust Agreement (Icon Income Fund Eight B Lp), Liquidating Trust Agreement (Behringer Harvard Mid Term Value Enhancement Fund I Lp)

Incidents of Ownership. The holders ----------------------- of Partnership Units Interests as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Units in the Partnership's Trust, and the Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.

Appears in 3 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund Vi), Liquidating Trust Agreement (PLM Equipment Growth & Income Fund Vii), Liquidating Trust Agreement (PLM Equipment Growth Fund V)

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Incidents of Ownership. The holders ----------------------- of Partnership Units as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Units in the Partnership's Trust, and the Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.

Appears in 3 contracts

Samples: Liquidating Trust Agreement (PLM Equipment Growth Fund Iii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iii)

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