Distribution Trust definition

Distribution Trust means the trust established under the Plan and the Distribution Trust Agreement.

Distribution Trust means the trust established under the Combined Plan and Disclosure Statement and the Distribution Trust Agreement.

Distribution Trust means the trust established pursuant to the Plan, among other things, to hold the Distribution Trust Assets and make distributions pursuant to the Plan.

Examples of Distribution Trust in a sentence

• The functions of the Commission can be divided into two categories, namely “regulation of National Lottery and other Lotteries” and “administration of the National Lottery Distribution Trust Fund (NLDTF)”.

• The Distribution Trust Agreement shall be provided in the Plan Supplement.

• The Plan and Confirmation Order provided for the establishment of the Distribution Trust, which was settled pursuant to the Distribution Trust Agreement made on February 13, 2019 between the Debtors (as settlors), the Trustee and OHI Asset RO, LLC and its affiliates (the " Distribution Trust Agreement") [Dkt.

• The Distribution Trust Agreement, in conjunction with the Plan and Confirmation Order, provides for the Trustee's administration of various administrative, priority, and secured claims incurred by the Debtors.

• The Distribution Trust Seed Money and the Distribution Trust Assets shall be used by the Distribution Trustee in a manner provided for in the Combined Plan and Disclosure Statement and in the Distribution Trust Agreement.

More Definitions of Distribution Trust

Distribution Trust means the business trust established under the laws of the State of Delaware pursuant to the Distribution Trust Agreement.

Distribution Trust means the trust to be formed on or prior to the Effective Date in accordance with the provisions of Section 6.2 of the Plan and the Distribution Trust Agreement for the payment of Allowed Claims and for the benefit of the Distribution Trust Beneficiaries as set forth herein.

Distribution Trust means the trust to be established pursuant to the Chapter 11 Plan on the Effective Date into which: (a) the Distribution Trust Reserves shall be funded; and (b) to which the following shall be contributed and transferred, among other things, as described in the Chapter 11 Plan and the Distribution Trust Agreement: (i) all SALIC/SRGL Claims; and (ii) all DT Post-Closing Rights. The Distribution Trust shall have the rights, duties and obligations, through a Distribution Trustee, as set forth in the Distribution Trust Agreement and in the Chapter 11 Plan, which shall be in form and substance reasonably acceptable to Purchaser and the SALIC Parties.

Distribution Trust means the trust established under the Combined Plan

Distribution Trust means the trust or similar vehicle to be formed on or prior to the Effective Date in accordance with the provisions of Article VI of the Plan and the Distribution Trust Agreement for the payment of Allowed Claims and for the benefit of the beneficiaries of the Distribution Trust. The election of whether the Distribution Trust is a formal trust or other similar vehicle, including without limitation, a segregated Reorganized Debtor entity solely for the purposes contemplated by Article VI of the Plan, shall be determined by the Debtors, in their sole discretion, after consultation with the Creditors’ Committee and the Equity Committee, and shall be disclosed in the Plan Supplement.

Distribution Trust means the Trust established by the Distribution Trust Agreement, as amended, among MSF, the Company and TMI Trust Company, as trustee dated as of March 12, 2018.

Distribution Trust means the trust created pursuant to the Distribution Trust Agreement on the Effective Date in accordance with the terms of the Bridge Lender Plan, the Confirmation Order and the Distribution Trust Agreement, which shall distribute the Distribution Trust Reserve and the proceeds of the Litigation Trust Causes of Action to the applicable holders of Distribution Trust Interests in accordance with the terms of the Distribution Trust Agreement, the Litigation Distribution Orders, the Bridge Lender Plan and the Senior Loan Claim Sharing Resolution.