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

Other Obligations of Trustees upon Termination. Upon termination of the Trust, the Trustees shall provide for the retention of the books, records, lists of holders of Units, and files which shall have been delivered to or created by the Trustees, the Advisor, or their

Appears in 3 contracts

Samples: Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.), Limited Liability Company Agreement (Colony NorthStar, Inc.)

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Other Obligations of Trustees upon Termination. Upon termination of the Trust, the Trustees 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 Trustees. At the Trustees' 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 Advisor, Trustees shall have no further duties or theirobligations hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (BPP Liquidating Trust)

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Other Obligations of Trustees upon Termination. Upon termination of the Trust, the Trustees 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 Trustees. At the Trustees' discretion, all of such records and documents may be destroyed at any time after seven years from the Advisordistribution of all the Trust Assets. Except as otherwise specifically provided herein, upon the distribution of all the Trust Assets the Trustees shall have no further duties or theirobligations hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Winthrop Realty Trust)

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