除了保证人和受益人之间的关系外，保函项下的保证人的付款保证不受制于产生于任何关系的债权或抗辩。
The undertaking of a guarantor to pay under the guarantee is not subject to claims or defences arising from any relationship other than a relationship between the guarantor and the beneficiary.
使得基金受益人的受益权不但有债权的性质，还有物权的性质，这也是信托法中对信托财产保护的特殊之处。
So the fund beneficiary's right to benefit is not only a creditor's right but also a title in nature, which is precisely the peculiarity in the protection the law of trust offers to the trusts.
三存续机构或新设机构对债权人、基金受益人、证券投资人或期货交易人之保障方式。
Method of protection provided by the Surviving Institution or Newly Incorporated Institution to the creditors, fund beneficiaries, securities investors, or futures traders;
三存续机构或新设机构对债权人、基金受益人、证券投资人或期货交易人之保障方式。
Method of protection provided by the Surviving Institution or Newly Incorporated Institution to the creditors, fund beneficiaries, securities investors, or futures traders;
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