Common use of Limitation on Suits by Beneficiaries Clause in Contracts

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or with respect to any Trust Assets or the agreements relating to or forming part of any Trust Assets, and the Beneficiaries do hereby waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees Trustee upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any the Trust Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or with respect to any the Trust Assets or the Holdco Assets or the agreements relating to or forming part of any the Trust Assets or the Holdco Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Liquidating Trustees upon or under or with respect to any Liquidating Trust Assets or the agreements relating to or forming part of any Liquidating Trust Assets, and the Beneficiaries do hereby waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any the Trust Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action action, suit or proceeding at law or in equity against any party person other than the Trustees upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any the Trust Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than a Trustee or the Trustees upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any the Trust Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any the right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party Person other than the Trustees upon or under or with respect to any Liquidating Trust Assets or the agreements relating to or forming a part of any Liquidating Trust Assets, and the Beneficiaries do hereby waive any such rightright in consideration of receipt of each such Beneficiary’s respective Units.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of in this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees Liquidating Trustees, upon or under or with respect to the Liquidating Trust Estate or any Trust Assets or the agreements relating to or forming part parts of any the Liquidating Trust AssetsEstate, and the Beneficiaries do hereby waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or Trustee with respect to any the Trust Assets or and then only to the agreements relating to or forming part of any Trust Assetsextent permitted herein, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than a Trustee or the Trustees upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any the Trust Assets, and the Beneficiaries do hereby (by their acceptance of any distribution made to them pursuant to this Agreement) waive any such right.. 20 11.3

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Liquidating Trustees upon or under or with respect to any Liquidating Trust Assets or the agreements relating to or forming part of any Liquidating Trust Assets, and the Beneficiaries do hereby waive any such right.. 11.3

Limitation on Suits by Beneficiaries. No Beneficiary shall have any right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or with respect to any Trust Assets or the agreements relating to or forming part of any Trust Assets, and the Beneficiaries do hereby waive any such right.. 12.3

Limitation on Suits by Beneficiaries. No Beneficiary Beneficiaries shall have any ------------------------------------ right by virtue of any provision of this Agreement to institute any action or proceeding at law or in equity against any party other than the Trustees upon or under or with respect to any the Trust Assets or the agreements relating to or forming part of any Trust Assets, and the Beneficiaries do hereby waive any such rightEstate.