Common use of Other Obligations of Trustee upon Termination Clause in Contracts

Other Obligations of Trustee upon Termination. Upon termination of the Trust, the Trustee shall provide for the retention of the books, records, lists of holders of Units, certificates for Shares and files which shall have been delivered to or created by the Trustee. At the Trustee's discretion, all of such records and documents may be destroyed at any time after seven years from the distribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all the Trust Assets, the Trustee shall have no further duties or obligations hereunder.

Appears in 5 contracts

Samples: Liquidating Trust Agreement (Advanced Switching Communications Inc), Trust Agreement (Fab Industries Inc), Liquidating Trust Agreement (Shelbourne Properties Ii Inc)

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Other Obligations of Trustee upon Termination. Upon termination of the Trust, the Trustee shall provide for the retention of the books, records, lists of holders of Units, certificates for Shares and files which shall have been delivered to or created by the Trustee. At the Trustee's ’s discretion, all of such records and documents may be destroyed at any time after seven years from the distribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all the Trust Assets, the Trustee shall have no further duties or obligations hereunder.

Appears in 2 contracts

Samples: Liquidating Trust Agreement (Amv Liquidating Trust), Liquidating Trust Agreement (Genaera Corp)

Other Obligations of Trustee upon Termination. Upon termination of the Trust, the Trustee shall provide for the retention of the books, records, lists of holders of UnitsBeneficiaries, certificates for Shares and files which shall have been delivered to or created by the Trustee. At the Trustee's ’s discretion, all of such records and documents may be destroyed at any time after seven six years from the final distribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all the Trust Assets, the Trustee shall have no further duties or obligations hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Trimaine Holdings Inc)

Other Obligations of Trustee upon Termination. Upon termination of the Trust, the Trustee shall provide for the retention of the books, records, lists of holders of Units, certificates for Shares and files which shall have been delivered to or created by the Trustee. At the Trustee's ’s discretion, all of such records and documents may be destroyed at any time after seven years from the distribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all after the Trust AssetsTermination Date, the Trustee shall have no further duties or obligations hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (All American Group Inc)

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Other Obligations of Trustee upon Termination. Upon termination of the Trust, the Trustee shall provide for the retention of the books, records, lists of holders of UnitsBeneficiaries, certificates for Shares and files which shall have been delivered to or created by the Trustee. At the Trustee's ’s discretion, all of such records and documents may be destroyed at any time after seven years from the distribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all the Trust Assets, the Trustee shall have no further duties or obligations hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Xcorporeal, Inc.)

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