Incidents of Ownership. The holders of Shares as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Shares in the 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 6 contracts
Samples: Liquidating Trust Agreement (ICON ECI Fund Sixteen), Liquidating Trust Agreement (Icon Eci Fund Fifteen, L.P.), Liquidating Trust Agreement (Icon Leasing Fund Twelve, LLC)
Incidents of Ownership. The holders of Shares as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Shares in the Trust, and the Managing Trustee shall retain only such incidents of legal ownership as are necessary to undertake the actions and transactions authorized herein.. 2.7
Appears in 1 contract
Samples: Liquidating Trust Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.)
Incidents of Ownership. The holders of Shares Membership Interests as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Shares Units in the 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 1 contract
Samples: Liquidating Trust Agreement (Professional Lease Management Income Fund I LLC)
Incidents of Ownership. The holders of Shares Shareholders as of the Record Date shall be the Initial Beneficiaries of the Trust as holders of Trust Shares Units in the 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 1 contract
Samples: Liquidating Trust Agreement (Macc Private Equities Inc)
