Common use of Limitation on Rights of Holders Clause in Contracts

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 13 contracts

Samples: Pooling Agreement (Rykoff Sexton Inc), Pooling Agreement (United Stationers Supply Co), Pooling Agreement (Core Mark International Inc)

AutoNDA by SimpleDocs

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such the Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor or otherwise affect the rights, obligations and liabilities of the parties hereto to this Agreement or any of them.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Bas Securitization LLC), Pooling and Servicing Agreement (Volkswagen Public Auto Loan Securitization LLC), Pooling and Servicing Agreement (Key Consumer Acceptance Corp)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such the Holder's ’s legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor or otherwise affect the rights, obligations and liabilities of the parties hereto to this Agreement or any of them.

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Bas Securitization LLC), Pooling and Servicing Agreement (Usaa Acceptance LLC), Pooling and Servicing Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder Person having an interest in a Security shall not operate to terminate this Agreement or the Trust, nor shall such any Pool. Such death or incapacity shall not entitle such Holder's the legal representatives or heirs of such Person, or any Holder for such Person, to claim an accounting or to accounting, take any action or commence bring any proceeding in any court for a partition or winding up of the Trustrelated Pool, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 5 contracts

Samples: Umbs and MBS Master Trust Agreement, Master Trust Agreement, Umbs and MBS Master Trust Agreement

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this the Trust Agreement or the TrustTrust Property, nor shall such death or incapacity entitle such Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the TrustTrust Property, nor otherwise affect the rights, obligations and liabilities of the parties hereto thereto or any of them.

Appears in 3 contracts

Samples: Trust Agreement (Comcertz Abs Corp), Trust Agreement (Comcertz Abs Corp), Comcertz Abs Corp

Limitation on Rights of Holders. (a) 17.3. The bankruptcy, insolvency, death or incapacity of any Holder shall not operate to terminate this Agreement or the TrustTrust except as expressly provided herein, nor shall such bankruptcy, insolvency, death or incapacity entitle such Holder's Holder legal representatives or heirs to claim an accounting or to take any action or commence any proceeding Proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of themthem except as expressly provided hereby.

Appears in 2 contracts

Samples: Trust Agreement (Blair Thomas L), Trust Agreement (Principal Health Care Inc)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's Holders’ legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alliance Data Systems Corp)

Limitation on Rights of Holders. (a1) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's ’s legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling Agreement (Bungeltd)

Limitation on Rights of Holders. (a1) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such the Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor or otherwise affect the rights, obligations and liabilities of the parties hereto to this Agreement or any of them.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (M&i Dealer Auto Securitization LLC)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's ’s legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling Agreement (Bunge LTD)

AutoNDA by SimpleDocs

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Trust Agreement or the Trust, nor shall such death or incapacity entitle such Holder's ’s legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a sale, partition or winding up liquidation of the TrustPortfolio Assets, nor or otherwise affect the rights, obligations and liabilities of any of the parties hereto or any of themhereto.

Appears in 1 contract

Samples: Trust Agreement (Greystone Housing Impact Investors LP)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor 112 Pooling Agreement shall such death or incapacity entitle such Holder's Holders' legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling Agreement (American Axle & Manufacturing Inc)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder Investor Certificateholder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's Investor Certificateholders' legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Zenith Electronics Corp)

Limitation on Rights of Holders. (a) The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.. 92

Appears in 1 contract

Samples: Pooling Agreement (United Stationers Supply Co)

Limitation on Rights of Holders. (a) ------------------------------- The death or incapacity of any Holder shall not operate to terminate this Agreement or the Trust, nor shall such death or incapacity entitle such Holder's legal representatives or heirs to claim an accounting or to take any action or commence any proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (PLM International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.