Common use of Trustees as Beneficiary Clause in Contracts

Trustees as Beneficiary. The Trustees, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they were not the Trustees hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they were not the Trustees hereunder.

Appears in 5 contracts

Samples: Acceptance and Assumption Agreement (N1 Liquidating Trust), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.), Limited Liability Company Agreement (Colony NorthStar, Inc.)

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Trustees as Beneficiary. The Trustees, either individually or in a representative or fiduciary capacity, Any Trustee may be a Beneficiary to the same extent as if they such Person were not the Trustees a Trustee hereunder and shall have all the rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they such Person were not the Trustees a Trustee hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Malan Realty Investors Inc)

Trustees as Beneficiary. The TrusteesEach Trustee, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they he or she were not the Trustees a Trustee hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they were he or she was not the Trustees a Trustee hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Winthrop Realty Trust)

Trustees as Beneficiary. The TrusteesEach Trustee, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they it were not the Trustees a Trustee hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they it were not the Trustees a Trustee hereunder.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (HGR Liquidating Trust)

Trustees as Beneficiary. The Trustees, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they it were not the Trustees hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they were not the Trustees hereunder.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (G REIT Liquidating Trust)

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Trustees as Beneficiary. The TrusteesEach Trustee, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they he or she were not the Trustees a Trustee hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they were he or she was not the Trustees a Trustee hereunder.. ARTICLE IV

Appears in 1 contract

Samples: Liquidating Trust Agreement Agreement

Trustees as Beneficiary. The TrusteesAny Trustee, either individually or in a representative or fiduciary capacity, may be a Beneficiary to the same extent as if they it were not the Trustees a Trustee hereunder and shall have all rights of a Beneficiary, including, without limitation, the right to vote and to receive distributions, to the same extent as if they it were not the Trustees a Trustee hereunder.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Crossroads Capital, Inc.)

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