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Common use of No Legal Title to Trust Estate Clause in Contracts

No Legal Title to Trust Estate. The Beneficial Owners shall not have legal title to the Trust Estate. The death, incapacity, dissolution, termination, or bankruptcy of any Beneficial Owner shall not result in the termination or dissolution of the Trust.

Appears in 3 contracts

Samples: Trust Agreement (Black Creek Diversified Property Fund Inc.), Trust Agreement, Trust Agreement (Dividend Capital Diversified Property Fund Inc.)

No Legal Title to Trust Estate. The Beneficial Owners shall not have legal title to the Trust Estate. The death, incapacity, dissolution, termination, termination or bankruptcy of any Beneficial Owner Owner, Manager or Trustee shall not result in the termination or dissolution of the Trust.

Appears in 1 contract

Samples: Trust Agreement

No Legal Title to Trust Estate. The Beneficial Owners shall not have legal title to the Trust Estate. The death, incapacity, dissolution, termination, or bankruptcy of any Beneficial Owner Owner, Manager or the Delaware Trustee shall not result in the termination or dissolution of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Jones Lang LaSalle Income Property Trust, Inc.)