Common use of Intention of Parties to Establish Trust Clause in Contracts

Intention of Parties to Establish Trust. This Trust Agreement is intended to create a trust without transferable certificated beneficial interests (except as permitted by operation of law) and the Trust created hereunder shall be governed and construed in all respects as a trust.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Rhythms Net Connections Inc), Agreement and Declaration of Trust (Rhythms Net Connections Inc), Loomis Indemnity Trust Agreement (Loomis Fargo & Co)

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Intention of Parties to Establish Trust. This Litigation Trust Agreement is intended to create a trust without transferable certificated beneficial interests (except as permitted by will, intestate succession or operation of law) and the Trust created hereunder shall be governed and construed in all respects as a trust.

Appears in 1 contract

Samples: Litigation Trust Agreement (Ets Payphones Inc)

Intention of Parties to Establish Trust. This Trust Agreement is intended to create a trust without transferable certificated beneficial interests (except as permitted by operation of law) trust, and the Trust created hereunder shall be governed and construed in all respects as a trust.

Appears in 1 contract

Samples: Trust Agreement (Cadiz Inc)

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Intention of Parties to Establish Trust. This Trust Agreement is intended to create a trust without transferable certificated beneficial interests (except as permitted by operation of law) trust, and the Trust created hereunder shall be governed and construed in all respects as a trustTrust.

Appears in 1 contract

Samples: Trust Agreement (Kmart Holding Corp)

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