Asbestos Trustee definition

Asbestos Trustee means Lewis R. Sifford, the trustee of the Asbestos Trust, or any successor who subsequently may be appointed pursuant to the terms of the Asbestos Trust Agreement.
Asbestos Trustee means Mr. James Carroll, the Person appointed to administer the Asbestos Trust in accordance with the terms of the Plan and the Asbestos Trust Agreement, and any successor thereto.
Asbestos Trustee means ______________ appointed to serve as trustee of the Asbestos Trust pursuant to the terms of the Asbestos Trust Agreement and in accordance with section 7.3 of the Plan.

Examples of Asbestos Trustee in a sentence

  • The Asbestos Trustee shall have and perform all duties, responsibilities, rights and obligations set forth in the Asbestos Trust Agreement.

  • To the extent that the Asbestos Trust must indemnify and hold harmless the Indemnified Parties as provided above, the legal fees and related costs incurred by counsel to the Asbestos Trustee in monitoring and participating in the defense of such claims giving rise to the right of indemnification shall be paid out of the Asbestos Trust.

  • The indemnification provisions of the Asbestos Trust Agreement shall remain available to and be binding upon any future Asbestos Trustee or the estate of any decedent Asbestos Trustee and shall survive the termination of the Asbestos Trust Agreement.

  • The payment of the fees and expenses of the Asbestos Trustee and his retained professionals, if any, shall be made in the ordinary course of business and shall not be subject to the approval of the Court.

  • The APG Asbestos Trustee shall also consult with the APG Asbestos TAC and the APG Asbestos FCR on such matters as are provided below and in Section 2.2(e) of the APG Asbestos Trust Agreement.

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  • Partnership provides a joint integrated resources and solutions required by the nature and scope of the problem which is being addressed at a given point.

  • Pursuant to the Plan and the APG Asbestos Trust Agreement, the APG Asbestos Trust and this APG Asbestos TDP shall be administered by the APG Asbestos Trustee in consultation with the APG Asbestos TAC, which represents the interests of holders of present APG Asbestos Trust Claims, and the APG Asbestos FCR, who represents the interests of holders of APG Asbestos Trust Demands that shall be asserted in the future.

  • The Asbestos Trust shall remain in existence until dissolved by the Asbestos Trustee, and upon termination, any remaining assets of the Asbestos Trust shall revert and be paid over to the SWE&C Liquidating Trust.

  • The initial APG Asbestos Trustee, the initial members of the APG Asbestos TAC, and the initial APG Asbestos FCR are identified in the APG Asbestos Trust Agreement.3.2 Consent and Consultation Procedures.


More Definitions of Asbestos Trustee

Asbestos Trustee means Lewis R. Sifford, as trustee of the Asbestos Trust to administer the trust and Asbestos Claims pursuant to the terms of the Asbestos Trust Documents, or any successor who is subsequently appointed as such trustee pursuant to the terms of the Asbestos Trust Agreement.

Related to Asbestos Trustee

  • NIM Trustee The trustee for the NIM Securities.

  • Asbestos claim means any claim, wherever or whenever made, for damages, losses, indemnification, contribution, or other relief arising out of, based on, or in any way related to asbestos, including:

  • U.S. Trustee means the Office of the United States Trustee for the District of Delaware.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • Asbestos means the asbestiform varieties of serpentinite (chrysotile), riebeckite (crocidolite), cummingtonite-grunerite, anthophyllite, and actinolite-tremolite.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.

  • Insurance Trustee means an entity authorized to carry on the business of a trust company under the laws of Alberta selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee shall be the Board;

  • Property Trustee means the Person identified as the “Property Trustee” in the Trust Agreement, solely in its capacity as Property Trustee of the Trust under the Trust Agreement and not in its individual capacity, or its successor in interest in such capacity, or any successor Property Trustee appointed as therein provided.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • Delaware Trustee means the Person identified as the “Delaware Trustee” in the preamble to this Trust Agreement, solely in its capacity as Delaware Trustee of the Trust and not in its individual capacity, or its successor in interest in such capacity, or any successor Delaware Trustee appointed as herein provided.

  • Administrative Trustee means each of the Persons identified as an “Administrative Trustee” in the preamble to this Trust Agreement, solely in each such Person’s capacity as Administrative Trustee of the Trust and not in such Person’s individual capacity, or any successor Administrative Trustee appointed as herein provided.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • institutional trustee means the Trustee.

  • Successor Property Trustee has the meaning specified in Section 6.6(b).

  • Note A-2 Trustee means the trustee under the Note A-2 PSA.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

  • Canadian Trustee means the Person named as the “Canadian Trustee” in the first paragraph of this Indenture until a successor Canadian Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Canadian Trustee” shall mean or include each Person who is then a Canadian Trustee hereunder; provided, however, that if at any time there is more than one such Person, “Canadian Trustee” as used with respect to the Securities of any series shall mean only the Canadian Trustee with respect to Securities of that series.

  • Note A-1 Trustee means the trustee under the Note A-1 PSA.

  • New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.

  • Authenticating Agents As defined in Section 9.10.

  • Outside Trustee With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

  • Trust Agent means U.S. Bank, as Trust Agent under the Titling Trust Agreement.

  • The Trustee s responsibility for disbursing the above information to the Certificateholders is limited to the availability, timeliness and accuracy of the information derived from the Master Servicer. By each Determination Date the Master Servicer shall provide to the Trustee in electronic form the information needed to determine the distributions to be made pursuant to Section 4.02 and any other information on which the Master Servicer and the Trustee mutually agree.