Common use of Absolute Owners Clause in Contracts

Absolute Owners. The Liquidating Trustee may deem and treat the Liquidating Trust Beneficiary of record in the Trust Register as the absolute owner of any such Liquidating Trust Interests for the purpose of receiving distributions and payment thereon or on account thereof and for all other purposes whatsoever and the Liquidating Trustee shall not be charged with having received notice of any claim or demand to such Liquidating Trust Interests or the interest therein of any other Person.

Absolute Owners. The Liquidating Trustee may deem and treat the any Liquidating Trust Beneficiary reflected as the owner of record in a Liquidating Trust Interest on the applicable Trust Register as the absolute owner of any such Liquidating Trust Interests thereof for the purpose purposes of receiving distributions and payment thereon or payments on account thereof thereof, for federal and state income tax purposes and for all other purposes whatsoever and the Liquidating Trustee shall not be charged with having received notice of any claim or demand to such Liquidating Trust Interests or the interest therein of any other Personwhatsoever.