Common use of No Execution Clause in Contracts

No Execution. All funds in the Liquidation Trust shall be deemed in custodia legis until such times as the funds have actually been paid to or for the benefit of a Liquidation Trust Beneficiary, and no Liquidation Trust Beneficiary or any other Person can execute upon, garnish or attach the Liquidation Trust Assets or the Liquidation Trust in any manner or compel payment from the Liquidation Trust except by Final Order of the Bankruptcy Court. Payment will be solely governed by this Agreement and the Plan.

No Execution. All funds in the Liquidation Trust shall be deemed in custodia legis until such times as the funds have actually been paid to or for the benefit of a Liquidation Trust Beneficiary, and no Liquidation Trust Beneficiary or any other Person can bind, pledge, encumber, execute upon, garnish or attach the Liquidation Trust Assets or the Liquidation Trust Trustee in any manner or compel payment from the Liquidation Trust except by Final Order of the Bankruptcy Court. Payment will be governed solely governed by the Plan and this Agreement and the PlanAgreement.