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.
Appears in 2 contracts
Samples: dr201.s3.amazonaws.com, Litigation Trust Agreement (Jennifer Convertibles Inc)
No Standing. Except as expressly provided in this Agreement, if at all, 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 Distribution Assets.
Appears in 1 contract
Samples: Gpor Distribution Trust Agreement (GPOR Distribution Trust)
No Standing. Except as expressly provided in this Agreement, a no Beneficiary shall not 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.
Appears in 1 contract
Samples: Litigation Trust Agreement and Declaration of Trust (Cano Health, Inc.)