Examples of Trust Beneficiaries in a sentence
The Litigation Trust Beneficiaries are the grantors, deemed owners and beneficiaries of the Trust.
The Debtors, the Liquidation Trust Beneficiaries, and the Liquidation Trust will consistently report the valuation of the assets transferred to the Liquidation Trust.
Notwithstanding the foregoing, all net proceeds of such Litigation Trust Assets shall be transferred to the Litigation Trust to be distributed to the Litigation Trust Beneficiaries consistent with the terms of the Plan and the Litigation Trust Agreement.
All parties (including the Liquidating Trustee, the Debtors, and the Liquidating Trust Beneficiaries) shall report for United States federal, state and local income tax purposes consistently with the foregoing.
The interests of the Liquidation Trust Beneficiaries in the Liquidation Trust shall be uncertificated and nontransferable.