Title to Trust Assets. The Trust Assets shall comprise the assets of the Trust. The only assets of the Trust shall be all right, title and interest of the Trust in, to and under, whether now owned or existing, or hereafter acquired or arising, (a) the Basic Documents, (b) the IO Q-REMIC Interest, (c) the Distribution Account and any amounts from time to time on deposit therein, (d) the Custodian Account and any amounts from time to time on deposit therein, (e) all Eligible Investments and all income realized from the investment thereof, (f) all accounts, general intangibles, chattel paper, instruments, documents, goods, money, investment property, deposit accounts, letters of credit and letter-of-credit rights, consisting of, arising from, or relating to, any of the foregoing, and (g) all proceeds, accessions, profits, income, benefits, substitutions and replacements, whether voluntary or involuntary, of and to any of the property of the Trust. Subject to the Indenture, legal title to the Trust Assets shall be vested at all times in the Trust as a separate legal entity. In no event shall title to the Trust Assets be placed in the name of the Owner Trustee. The Certificateholder shall not have legal title to any part of the Trust Assets.
Title to Trust Assets. The Trust Assets shall comprise the assets of the Trust. The only assets of the Trust shall be all right, title and interest of the Trust in, to and under, whether now owned or existing, or hereafter acquired or arising, (a) the Basic Documents, (b) the Distribution Account and any amounts from time to time on deposit therein, (c) the Custodian Account and any amounts from time to time on deposit therein, (d) all Eligible Investments and all income realized from the investment thereof, (e) all accounts, general intangibles, chattel paper, instruments, documents, goods, money, investment property, deposit accounts, letters of credit and letter-of-credit rights, consisting of, arising from, or relating to, any of the foregoing, and (f) all proceeds, accessions, profits, income, benefits, substitutions and replacements, whether voluntary or involuntary, of and to any of the property of the Trust. Subject to the Indenture, legal title to the Trust Assets shall be vested at all times in the Trust as a separate legal entity. In no event shall title to the Trust Assets be placed in the name of the Owner Trustee. The Certificateholder shall not have legal title to any part of the Trust Assets.
Title to Trust Assets. Title to the funds and property of the Trust, including without limitation Loss Funds, shall be vested in and remain exclusively in the Trust and no Participant shall have any right, title or interest in the Loss Funds except as set forth in the Coverage documents nor any right to Contributions made or to be made thereto, nor any claim against any other Participant on account thereof, except as provided by law or by amendment to this Agreement.
Title to Trust Assets. The Trustees shall have title to the assets of the Trust Fund. The Company shall have no right, title, interest or claim to said Trust Fund except as permitted under the terms of Article V, Sections 5.4 and 5.5 hereof and Article XV, Section 15.5.
Title to Trust Assets. Title to all of the Trust Assets shall be vested in the Trust until this Agreement terminates pursuant to Article 16; provided, however, that if the Laws of any jurisdiction require that title to any part of the Trust Assets be vested in a trustee of the Trust, then title to that part of the Trust Assets shall be deemed to be vested in the Trustee.
Title to Trust Assets. Until the Trust terminates pursuant to the terms hereof, legal title to the Trust Assets and all property contained therein shall be vested at all times in the Trust as a separate legal entity, except where applicable law in any jurisdiction requires title to any part of the Trust Assets to be vested in the Litigation Trustee, in which case title shall be deemed to be vested in the Litigation Trustee, solely in its capacity as Litigation Trustee. For purposes of such jurisdictions, the term Trust, as used herein or in the Plan, shall be read to mean the Litigation Trustee.
Title to Trust Assets. (a) The transfer of the Trust Assets to the Trust shall be made by the Debtors for the benefit and on behalf of the holders of Allowed Enron Common Equity Interests (whether or not Allowed on or after the Effective Date). Upon the issuance of the Exchanged Enron Common Stock, the Trustee shall have all right, title and interest in the Exchanged Enron Common Stock.
(b) For all federal income taxes purposes (e.g. IRC Sections 61(a)(12), 483, 1001, 1012 and 1274), all parties (including, without limitation, the Debtors, the Trustee, and the holders of the Common Equity Trust Interests) shall treat the issuance of the Exchanged Enron Common Stock to the Trust in accordance with the terms of the Plan as an issuance to holders of Allowed Enron Common Equity Interests in Class 384 followed by a transfer by such holders to the Trust and the holders of Common Equity Trust Interests shall be treated as the grantors and owners thereof.
(c) As of the date hereof, the Debtors hereby transfer, assign and deliver to the Trustee all of their right, title and interest in and to any attorney-client privilege, work-product privilege, or other privilege or immunity attaching to any documents or communications (whether written or oral) associated with the Trust Assets (collectively, "Privileges"), which shall vest in the Trustee and its representatives.
(d) On or after the date hereof, the Debtors shall (i) deliver or cause to be delivered to the Trustee any and all documents in connection with the Trust Assets (including those maintained in electronic format and original documents) whether held by the Debtors and each of their respective employees, agents, advisors, attorneys, accountants or any other professionals hired by the Debtors, and (ii) provide access to such employees of the Debtors and each of their respective agents, advisors, attorneys, accountants or any other professionals hired by the Debtors with knowledge of matters relevant to the Trust Assets. Upon the reasonable request of the Trustee, the Debtors shall provide the Trustee with a list of all documents in connection with the Trust Assets known to it but not held by it or any of its employees, agents, advisors, attorneys, accountants or any other professionals. Such list shall contain a description of each document, to the extent feasible, as well as the name of the Entity or Person holding such document.
(e) At any time and from time to time on and after the date hereof, the Debtors agree (i) at the reason...
Title to Trust Assets. No Participant or Beneficiary shall have any right to, or interest in, any assets of the Trust Fund other than as provided under the terms of this Plan. All payments of benefits shall be made from the Trust Fund and no claim shall be made upon the Employer or any other person for such payments. ___________________________________________________
Title to Trust Assets. Title to the FXLR Interests and FX Luxury Stock shall be held in the name of the Trustee. The sole interest of the CKX Beneficiaries in the Trust, the FXLR Interests and the FX Luxury Stock shall be the rights and benefits given to such Persons under this Agreement.
Title to Trust Assets. (a) The transfer of the Trust Assets to the Trust shall be made by the Debtors for the benefit and on behalf of the holders of Allowed Enron Preferred Equity Interests (whether or not Allowed on or after the Effective Date). Upon the issuance of the Exchanged Enron Preferred Stock, the Trustee shall have all right, title and interest in the Exchanged Enron Preferred Stock.
(b) For all federal income taxes purposes (e.g. IRC Sections 61(a)(12), 483, 1001, 1012 and 1274), all parties (including, without limitation, the Debtors, the Trustee, and the holders of the Preferred Equity Trust Interests) shall treat the issuance of the Exchanged Enron Preferred Stock to the Trust in accordance with the terms of the Plan as an issuance to holders of Allowed Enron Preferred Equity Interests in Class 383 followed by a transfer by such holders to the Trust and the holders of Preferred Equity Trust Interests shall be treated as the grantors and owners thereof.
(c) As of the date hereof, the Debtors hereby transfer, assign and deliver to the Trustee all of their right, title and interest in and to any attorney-client privilege, work-product privilege, or other privilege or immunity attaching to any documents or communications (whether written or oral) associated with the Trust Assets (collectively, "Privileges"), which shall vest in the Trustee and its representatives.
(d) On or after the date hereof, the Debtors shall (i) deliver or cause to be delivered to the Trustee any and all documents in connection with the Trust Assets (including those maintained in electronic format and original documents) whether held by the Debtors and each of their respective employees, agents, advisors, attorneys, accountants or any other professionals hired by the Debtors, and (ii) provide access to such employees of the Debtors and each of their respective agents, advisors, attorneys, accountants or any other professionals hired by the Debtors with knowledge of matters relevant to the Trust Assets. Upon the reasonable request of the Trustee, the Debtors shall provide the Trustee with a list of all documents in connection with the Trust Assets known to it but not held by it or any of its employees, agents, advisors, attorneys, accountants or any other professionals. Such list shall contain a description of each document, to the extent feasible, as well as the name of the Entity or Person holding such document.
(e) At any time and from time to time on and after the date hereof, the Debtors ag...
