Common use of NO SUITS BY BENEFICIARIES Clause in Contracts

NO SUITS BY BENEFICIARIES. No Beneficiary shall have any right by virtue of any provision of this Trust Agreement to institute any action or proceeding at law or in equity against any party other than the Trustee upon or under or with respect to the Trust Fund.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Rhythms Net Connections Inc), Agreement and Declaration of Trust (Rhythms Net Connections Inc)

AutoNDA by SimpleDocs

NO SUITS BY BENEFICIARIES. No Beneficiary shall have any right by virtue of any provision of this Trust Agreement to institute any action or proceeding at law or in equity against any party other than the Trustee upon or under or with respect to the Trust FundAssets.

Appears in 1 contract

Samples: Liquidating Trust Agreement (DLB Oil & Gas Inc)

AutoNDA by SimpleDocs

NO SUITS BY BENEFICIARIES. No Beneficiary shall have any right by virtue of any provision of this Litigation Trust Agreement to institute any action or proceeding at law or in equity against any party other than the Trustee upon or under or with respect to the Trust FundEstate.

Appears in 1 contract

Samples: Litigation Trust Agreement (Ets Payphones Inc)

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