Acceptance of Assets and Assumption of Liabilities. (a) In furtherance of the purposes of the PI Trust, the Trustees, on behalf of the PI Trust, hereby expressly accept the transfer and assignment to the PI Trust of the PI Trust Assets in the time and manner contemplated in the Plan.
Appears in 3 contracts
Samples: Trust Agreement (Owens Corning/Fibreboard Asbestos Personal Injury Trust), Armstrong World Industries Inc, Armstrong Holdings Inc /Pa/
Acceptance of Assets and Assumption of Liabilities. (a) In furtherance of the purposes of the PI Trust, the Trustees, on behalf of the PI Trust, hereby expressly accept the transfer and assignment to the PI Trust of the PI Trust Assets assets in the time and manner as contemplated in the Plan.
Appears in 3 contracts
Samples: Raytech Corp Asbestos Personal Injury Settlement Trust, Raytech Corp Asbestos Personal Injury Settlement Trust, Raytech Corp Asbestos Personal Injury Settlement Trust
Acceptance of Assets and Assumption of Liabilities. (a) In furtherance of the purposes of the PI Trust, the Trustees, on behalf of the PI Trust, Trust hereby expressly accept accepts the transfer and assignment to the PI Trust of the PI Trust Assets or any other transfers contemplated by the Plan in the time and manner as, and subject to the terms, contemplated in the Plan.
Appears in 2 contracts
Samples: Trust Agreement (W R Grace & Co), Asbestos Pi Trust Agreement (Motors Liquidation Co)
Acceptance of Assets and Assumption of Liabilities. (a) In furtherance of the purposes of the PI Trust, the Trustees, on behalf of the PI Trust, Trust hereby expressly accept accepts the transfer and assignment to the PI Trust of the PI Trust Assets and any other transfers contemplated by the Plan and the PI Trust Documents in the time and manner as, and subject to the terms, contemplated in the PlanPlan and the PI Trust Documents.
Appears in 1 contract
Samples: Mallinckrodt Opioid Personal Injury Trust Agreement
Acceptance of Assets and Assumption of Liabilities. (a) In furtherance of the purposes of the PI Trust, the Trustees, on behalf of the PI Trust, hereby expressly accept the transfer and assignment to the PI Trust of the PI Trust Assets in the time and manner contemplated in the PlanAssets.
Appears in 1 contract
Samples: Settlement Trust Agreement (Eagle Picher Industries Inc)
