No Bond Required. Notwithstanding any state law to the contrary, each Trustee (including any successor Trustee) shall be exempt from giving any bond or other security in any jurisdiction.
Appears in 3 contracts
Samples: Settlement Agreement (Manville Personal Injury Settlement Trust), Executive Deferred Compensation Trust Agreement (Criimi Mae Inc), Settlement Agreement (Johns Manville Corp /New/)
No Bond Required. Notwithstanding any state law to the contrary, each the Trustee (including any successor Trustee) shall be exempt from giving any bond or other security in any jurisdiction.
Appears in 2 contracts
Samples: Litigation Trust Agreement (Seventy Seven Energy Inc.), Litigation Trust Agreement
No Bond Required. Notwithstanding any state law to the contrary, each the Trustee (including any successor Trustee) shall be exempt from giving any bond or other security in any jurisdictionjurisdiction other than as provided under Section 3.3.
Appears in 2 contracts
Samples: Trust Agreement (Par Petroleum Corp/Co), Trust Agreement (Par Petroleum Corp/Co)
No Bond Required. Notwithstanding any state law to the contrary, each the Litigation Trustee (including any successor Litigation Trustee) shall be exempt from giving any bond or other security in any jurisdiction.
Appears in 2 contracts
Samples: Litigation Trust Agreement, Litigation Trust Agreement