Termination Rights of Beneficiaries. (a) Following the delivery of a notice of dissolution in the circumstances contemplated in Clause 8.1 and the surrender of all outstanding Trust Certificates, the Receivables Trustee shall distribute the Trust Property to each Beneficiary according to its beneficial entitlements at that time.
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Samples: Deed and Servicing Agreement (Turquoise Receivables Trustee LTD), investor.capitalone.com
Termination Rights of Beneficiaries. (a) Following the delivery of a notice of dissolution in the circumstances contemplated in Clause 8.1 and 9.1 (Termination of the surrender of all outstanding Trust Certificates, Receivables Trust) the Receivables Trustee shall distribute the Trust Property to each Beneficiary according to its beneficial entitlements at that time.
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Samples: www.newday.co.uk
Termination Rights of Beneficiaries. (a) Following the delivery of a notice of dissolution in the circumstances contemplated in Clause 8.1 (Termination of the Delamare Cards Receivables Trust and Perpetuity) and the surrender of all outstanding Trust Certificates, the Receivables Trustee shall distribute the Trust Property to each Beneficiary according to its beneficial entitlements at that time.
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