Distribution Trustee definition

Distribution Trustee means the Person appointed to administer the Distribution Trust with such rights, duties, and obligations as set forth in the Distribution Trust Agreement.

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Distribution Trustee means the Person appointed to administer the Distribution Trust with such rights, duties, and obligations as set forth in the Distribution Trust Agreement, subject to the authority of the Oversight Board.

Distribution Trustee means the trustee selected by the Creditors’ Committee with the consent of the Debtors and identified in the Distribution Trust Agreement (or any successor trustee), in its capacity as the trustee of the Distribution Trust.

Examples of Distribution Trustee in a sentence

• Fees are based on a published fee schedule maintained by the Distribution Trustee.

• No resignation or removal of any Distribution Trustee (the "Relevant Trustee") and no appointment of a successor Distribution Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Distribution Trustee in accordance with the applicable requirements of Section 7.

• If any distribution to a Beneficiary would be less than $5.00, other than with respect to the Final Distribution, Trustee shall hold such distribution amount in trust for such Beneficiary until the Payment Date on which a distribution of $5.00 or more can be made.

• All Cash held in such book-entry sub-account for the benefit of such holder will be invested by the Distribution Trustee in a manner consistent with the investment and deposit guidelines set forth in this Agreement.

• Grantor(s) acknowledge and accept that neither the Distribution Trustee nor the Investment Trustee can guarantee the Individual with Disabilities will receive or continue to receive any governmental benefits.

More Definitions of Distribution Trustee

Distribution Trustee means the Person appointed to administer the

Distribution Trustee means Cullen in its capacity as trustee under the Trade Creditors Note and Seller Noteholders Note, or any successor thereto.

Distribution Trustee means the Person appointed under the Chapter 11 Plan and Distribution Trust Agreement to administer the Distribution Trust. The Distribution Trustee shall be a representative of each SALIC Party’s bankruptcy estate in accordance with section 1123(b)(3)(B) of the Bankruptcy Code for the purposes of the DT Post-Closing Rights.

Distribution Trustee s Counsel” means the law firm of Robins

Distribution Trustee means both of the Distribution Trust Committee Designee and the Distribution Trust Debtor Designee (or as such Persons may be replaced from time to time in accordance with the Distribution Trust Agreement), each of whom shall be appointed to jointly administer the Distribution Trust as trustees with equal rights, duties and obligations as set forth herein and in the Distribution Trust Agreement; provided, however, that the Distribution Trustees shall not take any action inconsistent with the purposes of the Distribution Trust and the qualification of the Distribution Trust as a “liquidating trust” for U.S. federal income tax purposes.

Distribution Trustee means Craig R. Jalbert.

Distribution Trustee means the trustee of the Distribution Trust having primary responsibility for the Distribution Trust, as provided in Article V.