Common use of Trustor Interest Clause in Contracts

Trustor Interest. The Trustor has only a beneficial interest in any specific property of this Trust. No creditor of the Trustor shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of this Trust (as opposed to the Trustor's beneficial interest in this Trust).

Appears in 5 contracts

Samples: Trust Agreement (Federal Express Corp), Federal Express Corp, Federal Express Corp

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Trustor Interest. The Trustor has only a beneficial interest in any specific property of this Trusttrust. No creditor of the Trustor shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of this Trust trust (as opposed to the Trustor's beneficial interest in this Trusttrust).

Appears in 3 contracts

Samples: Trust Agreement (Federal Express Corp), Federal Express Corp, Federal Express Corp

Trustor Interest. The Trustor has only a beneficial interest in any specific property of this Trust. No creditor of the Trustor shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of this Trust trust (as opposed to the Trustor's beneficial interest in this Trusttrust).

Appears in 3 contracts

Samples: Lease Agreement (Atlantic Coast Airlines Inc), Federal Express Corp, Federal Express Corp

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Trustor Interest. The Trustor has only a beneficial no interest in any specific property of this Trusttrust. No creditor of the Trustor shall have any right to obtain possession of, or otherwise exercise legal or equitable remedies with respect to, the property of this Trust (as opposed to the Trustor's beneficial interest in this Trust)trust.

Appears in 2 contracts

Samples: Trust Agreement (Federal Express Corp), Trust Agreement (Federal Express Corp)

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