Absolute Owners. The Trustee may deem and treat the Beneficiary as the absolute owner of the beneficial interest in the Trust for the purposes of receiving distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 2 contracts
Sources: Trust Agreement (Par Petroleum Corp/Co), Trust Agreement (Par Petroleum Corp/Co)
Absolute Owners. The Trustee may deem and treat the Beneficiary reflected as the owner of Litigation Trust Interest on the Register as the absolute owner of the beneficial interest in the Trust thereof for the purposes of receiving distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 2 contracts
Sources: Litigation Trust Agreement (Seventy Seven Energy Inc.), Litigation Trust Agreement
Absolute Owners. The Litigation Trustee may deem and treat the Beneficiary of record in the Trust Register as the absolute owner of the beneficial interest in the Trust such Beneficial Interests for the purposes purpose of receiving distributions and payments payment thereon or on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 2 contracts
Sources: Litigation Trust Agreement (Supermedia Inc.), Litigation Trust Agreement
Absolute Owners. The Trustee may deem and treat the Beneficiaries reflected as owners of Beneficial Interests on the Beneficiary Register as the absolute owner of the beneficial interest in the Trust owners thereof for the purposes of receiving distributions Distributions and payments on account thereof for federal and state income tax purposes and for all other purposes whatsoever.
Appears in 1 contract
Sources: Liquidating Trust Agreement (Sooner Holdings, Inc.)