Common use of Interests Beneficial Only Clause in Contracts

Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Trust Assets as such (which title shall be vested in the Liquidation Trustee) or to any right to call for a partition or division of Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Liquidation Trust Agreement (Hechinger Liquidation Trust)

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Interests Beneficial Only. The ownership of a beneficial interest hereunder Creditor Trust Interest shall not entitle any Trust Beneficiary to any title in or to the assets of the Creditor Trust Assets as such (which title shall be vested in the Liquidation TrusteeCreditor Trust) or to any right to call for a partition or division of the assets of the Creditor Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Creditor Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Trust Assets Property as such (which title shall be vested vest in the Liquidation Trustee) or to any right to call for a partition or division of Trust Assets Property or to require an accounting.

Appears in 1 contract

Samples: American Lafrance LLC Creditors Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder in the Trust shall not entitle any Trust Beneficiary to any title in or to the assets of the Trust Assets as such (which title shall be vested in the Liquidation TrusteeLiquidating Trustees) or to any right to call for a partition or division of the assets of the Trust Assets or to require an accountingaccounting or give standing to direct the Liquidating Trustees to do or not to do any act or to institute any action or proceeding upon or with respect to the assets of the Trust, except as expressly provided in this Agreement, or the GSA, or the Plan.

Appears in 1 contract

Samples: Liquidating Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Liquidating Trust Assets as such (which title shall be vested in the Liquidation Liquidating Trustee) or to any right to call for a partition or division of Liquidating Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Liquidating Trust Agreement

Interests Beneficial Only. ‌ . The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Liquidating Trust Assets assets as such (which title shall be vested in the Liquidation Liquidating Trustee) or to any right to call for a partition or division of the Liquidating Trust Assets assets or to require an accounting.

Appears in 1 contract

Samples: Liquidating Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder Creditors’ Trust Interest shall not entitle any Trust Beneficiary the Beneficiaries to any title in or to the Creditors’ Trust Assets as such (which title shall be vested in the Liquidation TrusteeCreditors’ Trust) or to any right to call for a partition or division of the Creditors’ Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Creditors’ Trust Agreement

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Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Trust Assets as such (which title shall be vested in the Liquidation Liquidating Trustee) or to any right to call for a partition or division of Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Liquidating Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Trust Beneficiary to any title in or to the Creditor Trust Assets as such (which title shall be vested in the Liquidation Creditor Trustee) or to any right to call for a partition or division of the Creditor Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Creditor Trust Agreement

Interests Beneficial Only. The ownership of a beneficial interest hereunder shall not entitle any Litigation Trust Beneficiary to any title in or to the Litigation Trust Assets as such (which title shall be vested in the Liquidation Litigation Trustee) or to any right to call for a partition or division of Litigation Trust Assets or to require an accounting.

Appears in 1 contract

Samples: Litigation Trust Agreement

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