Common use of No Execution Clause in Contracts

No Execution. All funds in the Liquidating Trust shall be deemed in custodia legis until such times as the funds have actually been paid to or for the benefit of a Beneficiary, and no Beneficiary or any other Entity can bind, pledge, encumber, execute upon, garnish, or attach the Assets in any manner or compel payment from the Liquidating Trust except by Final Order of the Bankruptcy Court.

No Execution. All funds in the Liquidating Trust shall be deemed in custodia legis until such times as the funds have actually been paid to to, or for the benefit of of, a Beneficiary, and no Beneficiary or any other Entity Person can bind, pledge, encumber, execute upon, garnish, or attach the Liquidating Trust Assets or the Liquidating Trust in any manner or compel payment from the Liquidating Trust except by Final Order of the Bankruptcy Court.

No Execution. All funds in the Liquidating Trust shall be deemed in custodia legis until such times as the funds have actually been paid to or for the benefit of a Beneficiary, and no Beneficiary or any other Entity Person can bind, pledge, encumber, execute upon, garnish, or attach the Liquidating Trust Assets or the Liquidating Trustee in any manner or compel payment from the Liquidating Trust except by Final Order order of the Bankruptcy Court. Payment will be governed solely by this Agreement, the Combined Disclosure Statement and Plan, or the Confirmation Order.