Trust Deed enforceability. This Deed is to be legally enforceable by the Unit Holders against the Trustee and by the Trustee against each Unit Holder and all persons claiming through a Unit Holder as if they were parties to this Deed. 4 Name of Trust The Trust is called [Name of Trust] or by such other name as the Trustee determines from time to time. 5 Principal objective of Trust The principal objective of the Trust is to: (a) design, supply, procure, construct, commission and complete new rail infrastructure, and/or modifications and/or upgrades of and/or additions to existing rail infrastructure, as agreed between the Trustee and the Unit Holders; (b) lease (or sublease, as applicable) that infrastructure; and
Appears in 4 contracts
Samples: Reference User Funding Agreement (Rufa), Trust Deed, Trust Deed
