Common use of Payments by the Trustee Clause in Contracts

Payments by the Trustee. Section 15.1. The establishment of the Trust and the payment or delivery to the Trustee of money or other property acceptable to the Trustee shall not vest in any Trust Beneficiary any right, title or interest in or to any assets of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Lyondell Chemical Co), Trust Agreement (Lyondell Chemical Co)

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Payments by the Trustee. Section 15.1. The establishment of the Trust and the payment or delivery to ------------- the Trustee of money or other property acceptable to the Trustee shall not vest in any Trust Beneficiary any right, title or interest in or to any assets of the Trust.

Appears in 2 contracts

Samples: Trust Agreement (Lyondell Chemical Co), Benefit Plans Trust Agreement (Lyondell Chemical Co)

Payments by the Trustee. Section 15.1. The establishment of the Trust and the payment or delivery ------------ to the Trustee of money or other property acceptable to the Trustee shall not vest in any Trust Beneficiary any right, title or interest in or to any assets of the Trust.

Appears in 1 contract

Samples: Lyondell Petrochemical Co

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Payments by the Trustee. Section 15.1. The establishment of the Trust and the payment or delivery ------------- to the Trustee of money or other property acceptable to the Trustee shall not vest in any Trust Beneficiary any right, title or interest in or to any assets of the Trust.

Appears in 1 contract

Samples: Trust Agreement (Lyondell Petrochemical Co)

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