Transfer of Trust Assets. Upon resignation or removal of the Trustee and appointment of a successor Trustee, all assets shall subsequently be transferred to the successor Trustee. The transfer shall be completed as soon as administratively feasible after receipt of notice of resignation or removal or transfer and appointment of and acceptance by successor Trustee.
Transfer of Trust Assets. Except as may otherwise be expressly provided herein, the Trustee shall not have any power to sell, assign, transfer, encumber, pledge, or grant any security interest in, or consent to the placement of any lien upon or against the Trust Assets.
Transfer of Trust Assets. Upon the direction of the Administrator, the Trustees shall transfer assets to the trust of another qualified retirement plan, or to such other trust or trusts created pursuant to the terms of the Plan; and accept the transfer of assets from a trust created pursuant to a qualified retirement plan.
Transfer of Trust Assets. As soon as practicable following the establishment of the SpinCo Deferred Compensation Plan and prior to the Distribution Date, RemainCo shall transfer, or cause to be transferred, from the trust funding the RemainCo Deferred Compensation Plan (the “RemainCo Deferred Compensation Trust”) to the SpinCo Deferred Compensation Trust that portion of the assets held in the RemainCo Deferred Compensation Trust as of the date of transfer that is attributable to SpinCo Employees, and SpinCo shall cause the SpinCo Deferred Compensation Trust to accept such transfer.
Transfer of Trust Assets. SECTION 2.01.
Transfer of Trust Assets. . As of the date of this Agreement, GASP hereby transfers, assigns, and delivers to the Liquidating Trust, any and all of its right, title, and interest in all Liquidating Trust Assets. The Liquidating Trustee agrees to accept and hold the Liquidating Trust Assets in trust for the benefit of the Beneficiaries, subject to the terms of this Agreement, and to liquidate and distribute such Liquidating Trust Assets to the Beneficiaries as set forth herein. At any time and from time to time after the Effective Date, GASP and any successors in interest shall, at the request of the Liquidating Trustee, execute and deliver any instruments or documents, and take, or cause to be taken, all such further action as the Liquidating Trustee may reasonably request in order to evidence or effectuate the transfer of the Liquidating Trust Assets to the Liquidating Trust and consummation of the transactions contemplated hereby and to otherwise carry out the intent of the parties hereunder. Except to the extent holders of Allowed Claims against GASP are paid in full, GASP, for itself and its predecessors and successors, disclaims any right to any reversionary interest in any of the Liquidating Trust Assets, but nothing herein will limit the right and power of the Liquidating Trustee to abandon any Liquidating Trust Assets to GASP in the event that the Liquidating Trustee determines it is in the best interests of the Liquidating Trust and its Beneficiaries.
Transfer of Trust Assets. In accordance with the provisions of the Plan, on the Effective Date, the Debtors and their Chapter 11 estates shall be deemed to have transferred, assigned and conveyed to the Liquidation Trust any and all assets of the Debtors, including but not limited to the Litigation Claims (all such assets, together with the income, proceeds, rents, offspring, products and profit therefrom, being the “Trust Assets”), to be held by the Liquidation Trustee in trust for the holders, from time to time, of Allowed Claims as and to the extent provided in the Plan (such holders collectively the “Trust Beneficiaries”), on the terms and subject to the conditions set forth herein and in the Plan. In addition, and as also provided for in the Plan, the claims asserted by HSBC Bank USA on behalf of the holders of Senior Notes and Senior Debentures in the Bondholder Action shall also be assigned to the Liquidation Trust and be deemed Trust Assets.
Transfer of Trust Assets. (a) Pursuant to the Agreement and the Existing Supplements, the Seller has sold, transferred, assigned and set over to the Issuer all right, title and interest of the Seller in, to and under the Contracts described therein, the related Equipment and Applicable Security (such Contracts, Equipment and Applicable Security, the "Existing Contracts and Security") and the Seller does hereby confirm such grants. The Seller does hereby sell, transfer, assign and set over to the Issuer all right, title and interest of the Seller in, to and under the following (the "Additional Transferred Assets"):
Transfer of Trust Assets. Section 2.01. Conveyance of Trust Assets; Establishment of the Trust.......................... 39 Section 2.02.
Transfer of Trust Assets. The Trustee shall have no authority to Transfer the Trust Assets, except for:
