Interim Distributions. At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 14 contracts
Sources: Liquidating Trust Agreement (PLM Equipment Growth & Income Fund Vii), Liquidating Trust Agreement (Professional Lease Management Income Fund I LLC), Plan of Dissolution and Liquidation (PLM Equipment Growth Fund)
Interim Distributions. At such times ---------------------- as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets in the Trust as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 11 contracts
Sources: Liquidating Trust Agreement (American Income Fund I-E LTD Partnership), Liquidating Trust Agreement (American Income Fund I-C LTD Partnership), Liquidating Trust Agreement (American Income Partners v D LTD Partnership)
Interim Distributions. At such times as may be determined by it in its sole discretion, but no less frequently than annually, the Managing Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units Shares held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Managing Trustee may may, in its sole discretion discretion, determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 4 contracts
Sources: Liquidating Trust Agreement (Icon Leasing Fund Twelve, LLC), Liquidating Trust Agreement (Icon Leasing Fund Eleven, LLC), Liquidating Trust Agreement (Icon Income Fund Ten LLC)
Interim Distributions. At such times as may be determined by it in its sole discretion, but no less frequently than annually, the Managing Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Managing Trustee may may, in its sole discretion discretion, determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 3 contracts
Sources: Liquidating Trust Agreement (Icon Income Fund Eight B Lp), Liquidating Trust Agreement (Icon Income Fund Eight /De), Liquidating Trust Agreement (Icon Cash Flow Partners L P Seven)
Interim Distributions. At such times ---------------------- as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 3 contracts
Sources: Liquidating Trust Agreement (PLM Equipment Growth Fund Iii), Plan of Dissolution and Liquidation (PLM Equipment Growth Fund Iii), Liquidating Trust Agreement (PLM Equipment Growth Fund Iii)
Interim Distributions. At such times time as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, distributed to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trusttheir Beneficial Interest, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the TrustAssets.
Appears in 2 contracts
Sources: Liquidating Trust Agreement, Liquidating Trust Agreement (Remec Inc)
Interim Distributions. At such time or times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, distributed to the BeneficiariesDistribution Trusts, pro rata, in proportion to the aggregate number of Units respectively assigned to each Distribution Trust Units held on the record date fixed for such distribution as determined by each Beneficiary relating to the TrustTrustee, in its sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee may Trustee, in its sole discretion determine discretion, determines may be distributed without detriment to the conservation and protection of the Trust Assets in the TrustAssets, including compliance with Section 5.4 (b) hereof.
Appears in 1 contract
Sources: Liquidating Trust Agreement (Sinocoking Coal & Coke Chemical Industries, Inc.)
Interim Distributions. At such times time as may be determined by it him in its his sole discretion, the Trustee shall distribute, or cause to be distributed, distributed to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to on the Trustrecord date for such distribution as determined by the Trustee in his sole discretion, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its his sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the TrustAssets.
Appears in 1 contract
Sources: Liquidating Trust Agreement (Advanced Switching Communications Inc)
Interim Distributions. At such times time as may be determined by it him in its his sole discretion, the Trustee shall distribute, or cause to be distributed, distributed to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to on the Trustrecord date for such distribution, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its his sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the TrustAssets.
Appears in 1 contract
Sources: Agreement and Declaration of Trust (Mission West Properties Inc)
Interim Distributions. At such times as may be determined by it in its sole discretion, the Managing Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Managing Trustee may may, in its sole discretion discretion, determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.
Appears in 1 contract
Sources: Trustee Services Agreement (Macc Private Equities Inc)