No Standing. Except as expressly provided in this Agreement, a Beneficiary shall not have standing to direct or to seek to direct the Trust or Trustee to do or not to do any act or to institute any action or proceeding at law or in equity against any Person upon or with respect to the Trust Assets.
No Standing. No Party will seek to use its status as a Party to this Agreement to establish standing, or aggrieved-party status in order to challenge any action of any Party that is also a governmental agency when that governmental agency’s actions are pursuant to fulfilling its statutory duties.
No Standing. No member of the Management Group shall have any standing under this Agreement to challenge any distributions from the Bonus Account that may be authorized by the Bonus Committee or the calculation of any deposit thereto.
No Standing. None of the Litigation Trust Beneficiaries shall have standing to direct or to seek to direct the Litigation Trust or Litigation Trustee to do or not to do any act or to institute any action or proceeding at law or in equity against any person upon or with respect to the Litigation Trust Assets.
No Standing. Flight Credits. .................................. Minimum Credit and Duty Ratio Credit .............
No Standing. Except as expressly provided in the Plan, the Confirmation Order, the CCAA Approval Order, or this Agreement, no person shall have standing to direct or seek to direct the Liquidation Trustee or Liquidation Trust to do or not do any act or institute any action or proceeding at law or in equity against any Person upon or with respect to the Liquidation Trust Assets (including the income and proceeds therefrom).
