Examples of Asbestos Trust Documents in a sentence
Distributions to holders of Allowed Asbestos Personal Injury Claims shall be made by the Trustee in accordance with the Asbestos Trust Agreement, the Trust Distribution Procedures and such other applicable agreements, documents or instruments relating thereto that are not inconsistent with the terms of the Asbestos Trust Documents.
U.K. Asbestos Trust Documents has the same meaning as in the Principal CVAs.
After the Effective Date, only the Trustee shall have authority to file objections to Asbestos Personal Injury Claims and litigate to judgment, settle, or withdraw such objections, and each Allowed Asbestos Personal Injury Claim, whether or not a Proof of Claim was filed with the Bankruptcy Court, shall be satisfied exclusively in accordance with the Asbestos Trust Documents.
The satisfaction, release and discharge, and the Injunctions set forth in this Article 8, shall not serve to satisfy, discharge, release, or enjoin (i) any Asbestos Personal Injury Claims against the Asbestos Trust as and when provided in the Asbestos Trust Documents, or (ii) Claims against the Asbestos Trust, as applicable, for the payment of Asbestos Trust Expenses (iii) the rights of any Listed Asbestos Insurance Company to assert any Insurer Coverage Defense.
On the Effective Date, the Asbestos Trust shall be created in accordance with the Plan Documents, the Asbestos Trust Documents, and section 524(g) of the Bankruptcy Code.(b) Purpose of the Asbestos Trust.