Nature of Interest in the Trust Estate. No Beneficiary will have any legal title to or right to possession of any part of the Trust Estate. No Beneficiary, as a beneficial owner of the Trust, has any interest in specific property of the Trust.
Appears in 7 contracts
Samples: Trust Agreement, Trust Agreement (American Express Receivables Financing Corp VIII LLC), Trust Agreement (American Express Receivables Financing Corp VIII LLC)
Nature of Interest in the Trust Estate. No Beneficiary will shall have any legal title to or right to possession of any part of the Trust Estate. No Beneficiary, as a beneficial owner of the Trust, has Estate or any interest in specific property of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Dryrock Issuance Trust), Trust Agreement (Dryrock Issuance Trust)
Nature of Interest in the Trust Estate. No The Beneficiary will not have any legal title to or right to possession of any part of the Trust Estate. No The Beneficiary, as a beneficial owner of the Trust, has any no interest in specific property of the Trust.
Appears in 1 contract
