Common use of No Transferability of Interest in Trust Clause in Contracts

No Transferability of Interest in Trust. The interest of the Company in the Trust isnot transferable by the Company, whether voluntarily or involuntarily, nor is such interest or the assets of the Trust subject to the claims of creditors of the Company.

Appears in 3 contracts

Samples: Customer Credit Trust Agreement, Trust Agreement, Customer Credit Trust Agreement

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No Transferability of Interest in Trust. The interest of the Company in the Trust isnot is not transferable by the Company, whether voluntarily or involuntarily, nor is such interest or the assets of the Trust subject to the claims of creditors of the Company.

Appears in 3 contracts

Samples: Customer Credit Trust Agreement, Customer Credit Trust Agreement, Customer Credit Trust Agreement

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