Rights of Post-Consummation Trust Beneficiaries Sample Clauses

Rights of Post-Consummation Trust Beneficiaries. Each Post-Consummation Trust Beneficiary shall be entitled to participate in the rights and benefits due to a Post- Consummation Trust Beneficiary hereunder according to the terms of its Beneficial Interest. Each Post-Consummation Trust Beneficiary shall take and hold the same, subject to all the terms and conditions of this Agreement, the Plan and the Confirmation Order. The interest of a Post- Consummation Trust Beneficiary is hereby declared and shall be in all respects personal property. Except as expressly provided hereunder, a Post-Consummation Trust Beneficiary shall have no title to, right to, possession of, management of or control of the Post-Consummation Trust, the Post-Consummation Trust Assets, or the Trust Proceeds.
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Related to Rights of Post-Consummation Trust Beneficiaries

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