Common use of Absolute Owners Clause in Contracts

Absolute Owners. The Trustee may deem and treat the holder of a Litigation Trust Interest of record in the Trust Register as the absolute owner of such Litigation Trust Interest for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Trustee shall not be charged with having received notice of any claim or demand to such Litigation Trust Interest or the interest therein of any other Person. THE TRUSTEE

Appears in 1 contract

Samples: Litigation Trust Agreement

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Absolute Owners. The Trustee may deem and treat the holder of a Litigation Trust Interest of record in the Trust Register as the absolute owner of such Litigation Trust Interest for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Trustee shall not be charged with having received notice of any claim or demand to such Litigation Trust Interest or the interest therein of any other Person. THE TRUSTEEPerson.β€Œ LITIGATION TRUST AGREEMENT - 7 -

Appears in 1 contract

Samples: Litigation Trust Agreement

Absolute Owners. The Litigation Trustee may deem and treat the holder of a Litigation Trust Interest (of record in the Trust Register or otherwise) as the absolute owner of such Litigation Trust Interest Interests for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Litigation Trustee shall not be charged with having received notice of any claim or demand to such Litigation Trust Interest Interests or the interest therein of any other Person. THE TRUSTEE.

Appears in 1 contract

Samples: Forest Litigation Trust Agreement

Absolute Owners. The Litigation Trustee may deem and treat the holder of a Litigation Trust Interest of record in the Trust Register as the absolute owner of such Litigation Trust Interest Interests for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Litigation Trustee shall not be charged with having received notice of any claim or demand to such Litigation Trust Interest Interests or the interest therein of any other Person. THE TRUSTEE.

Appears in 1 contract

Samples: Fairpoint Litigation Trust Agreement (Fairpoint Communications Inc)

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Absolute Owners. The Litigation Trustee may deem and treat the holder of a each Litigation Trust Interest Beneficiary of record in the Trust Register as the absolute owner of such Litigation Trust Interest Interests for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Litigation Trustee shall not be charged with having received notice of any claim or demand to such Litigation Trust Interest Interests or the interest therein of any other Person. THE TRUSTEE.

Appears in 1 contract

Samples: Litigation Trust Agreement

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