Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution or termination of any Person having an interest, beneficial or otherwise, in a Trust Security shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 5 contracts
Samples: Trust Agreement (Tu Electric Capital V), Trust Agreement (Enserch Capital I), Trust Agreement (Texas Utilities Electric Co)
Limitation of Rights of Securityholders. The death, incapacitybankruptcy, bankruptcytermination, dissolution or termination incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor dissolve, terminate or annul the Trust, nor entitle the legal representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 4 contracts
Samples: Trust Agreement (Community First Bankshares Inc), Trust Agreement (Community First Bankshares Inc), Trust Agreement (Community First Bankshares Inc)
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor dissolve, terminate or annul the Trust, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 3 contracts
Samples: Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii)
Limitation of Rights of Securityholders. The death, incapacitydissolution, bankruptcytermination, dissolution bankruptcy or termination incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal successors, representatives or heirs of such Person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 2 contracts
Samples: Trust Agreement (Sierra Pacific Resources Capital Trust Ii), Trust Agreement (Sierra Pacific Resources Capital Trust Ii)
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, Agreement nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 1 contract
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them. Section 10.03.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 1 contract
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor entitle the legal representatives or heirs of such Person person or any Securityholder for such Personperson, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 1 contract
Samples: Trust Agreement (Nevada Power Co)
Limitation of Rights of Securityholders. The death, incapacity, bankruptcy, dissolution death or termination incapacity of any Person person having an interest, beneficial or otherwise, in a Trust Security Securities shall not operate to terminate this Trust Agreement, nor or entitle the legal representatives or heirs of such Person person or any Securityholder for such Person, person to claim an accounting, take any action or bring any proceeding in any court for a partition or winding winding-up of the arrangements contemplated hereby, nor or otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
Appears in 1 contract
Samples: Trust Agreement (Nevada Power Co)