Property of the Trust. All payments and other proceeds of any type and from any source on or with respect to the Receivables shall be the property of the Trust, subject to the Lien of the Indenture and the rights of the Indenture Trustee thereunder.
Property of the Trust. All improvements to the Premises become the property of the Trust.
Property of the Trust. Immediately upon execution of the this Agreement, ETPI shall convey to the Trust the sum of $100 in cash for the purpose of establishing an initial Trust Estate. Legal title to the Trust Estate shall be held either in the name of the Trust, or in the names of the Trustees on behalf of the Trust, as the Trustees may from time to time determine. The Trustees shall hold such property in Trust to be administered and disposed of by them pursuant to the terms of this Agreement. In the event that the Offering is not successful, this Trust shall terminate immediately, and any Trust assets remaining after payment of expenses shall be returned to ETPI. In the event that the Offering is successful, ETPI shall further fund the Trust as provided below. ETPI's delivery of the consideration described in section 2.3.1 and its commitment pursuant to this Agreement to provide the additional funding described in sections 2.3.2 and 2.3.3 shall be deemed payment in full of the Notes, and upon the Trustees' receipt of the consideration described in section 2.3.1, the Trustees shall mark the Notes "paid in full," deliver the Notes to ETPI, anx xxecute and deliver such additional documents to ETPI as may be necessary or appropriate to evidence full payment of the Notes and release of all security interests securing the Notes.
Property of the Trust. The Trust shall hold the legal title to the Trust Assets and shall hold such property in trust to be administered and disposed of by it pursuant to the terms of this Trust Agreement and the Trustee's Plan of Reorganization for the benefit of the Beneficial Owners. The Regular Trustee is authorized to make disbursements and payments from the Trust in accordance with this Trust Agreement and the Trustee's Plan of Reorganization.
