Relationship Created. The only relationship created by this Trust Agreement is the relationship between the Liquidating Trustee and the Beneficiaries. No other relationship or liability is created. Nothing contained in this Trust Agreement shall be construed so as to construe the Beneficiaries or their successors-in-interest as creating an association, partnership, or joint venture of any kind.
Appears in 2 contracts
Samples: Benton Liquidating Trust Agreement (Benton Liquidating Trust), NTC Liquidating Trust Agreement (NTC Liquidating Trust)
Relationship Created. The only relationship created by this Trust Agreement is the relationship between the Liquidating Trustee Trustee, the Liquidating Trust Board and the Beneficiaries. No other relationship or liability is created. Nothing contained in this Trust Agreement shall be construed so as to construe the Beneficiaries or their successors-in-interest as creating an association, partnership, or joint venture of any kind.
Appears in 2 contracts
Samples: Liquidating Trust Agreement (Bfa Liquidation Trust), Liquidating Trust Agreement (Bfa Liquidation Trust)
