GUC Recovery Trustee definition

GUC Recovery Trustee means the Person selected by the Creditors’ Committee to serve as the trustee of the GUC Recovery Trust, and any successor thereto in accordance with the GUC Recovery Trust Agreement.
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Examples of GUC Recovery Trustee in a sentence

  • As of the Effective Date, the Claimant hereby agrees to waive any right to recovery in the State Court Action against the Wind Down Estates, including but not limited to the GUC Recovery Trust and against the GUC Recovery Trustee (each as defined in the Plan), as well as any prepetition claim (as defined in section 101(5) of the Bankruptcy Code) that may be recoverable, and exclusively shall be limited to obtaining any recovery in the State Court Action from the proceeds of the Policy.

  • U.S. BANKRUPTCY JUDGE Introduction Under the Debtors’ Plan, the Plan Administrator for the Wind Down Estates,2 the GUC Recovery Trustee, and the Consumer Representative have the exclusive authority to object to claims filed against the Debtors.

  • The Debtors, Wind Down Estates, Plan Administrator, or the GUC Recovery Trustee, as applicable, shall exclusively be entitled to object to Claims.

  • If the estimated amount constitutes a maximum limitation on the amount of such Claim, the Debtors, Wind Down Estates, the Plan Administrator, or the GUC Recovery Trustee, as applicable, may pursue supplementary proceedings to object to the allowance of such Claim; provided, that such limitation shall not apply to Claims requested by the Debtors to be estimated for voting purposes only.

  • The GUC Recovery Trustee shall determine whether to enforce, settle, release, or compromise Unreleased Avoidance Actions (or decline to do any of the foregoing).

  • The Debtors, Wind Down Estates, the Plan Administrator, or the GUC Recovery Trustee, as applicable, shall have no obligation to recognize any transfer or designation of such Claims or Interests occurring after the close of business on the Distribution Record Date.

  • The Debtors, Wind Down Estates, or Plan Administrator, as applicable, and the GUC Recovery Trustee shall cooperate with respect to any objections to Claims that seek to convert Claims into General Unsecured Claims, or convert General Unsecured Claims into other senior Claims, and, in each case, the rights and defenses of the Debtors, Wind Down Estates, Plan Administrator, or the GUC Recovery Trustee, as applicable, to any such objections are fully preserved.

  • The GUC Recovery Trustee and the GUC Recovery Trust shall be discharged or dissolved, as the case may be, at such time as all distributions required to be made by the GUC Recovery Trustee under the Plan have been made.

  • Except as otherwise ordered by the Bankruptcy Court, any reasonable and documented fees and expenses incurred by the Disbursing Agent acting in such capacity (including reasonable documented attorneys’ fees and expenses) on or after the Effective Date shall be paid in Cash; provided, that the fees and expenses incurred by the GUC Recovery Trustee shall be paid solely from the GUC Recovery Trust Assets in accordance with the GUC Recovery Trust Agreement.

  • After the Effective Date, the Wind Down Estates, Plan Administrator, or GUC Recovery Trustee, as applicable, shall have and retain any and all rights and defenses that the Debtors had with regard to any Claim to which they may object, except withrespect to any Claim that is Allowed.

Related to GUC Recovery Trustee

  • NIM Trustee The trustee for the NIM Securities.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • 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.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Trust Administrator [______________] Independent Accountants:

  • 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.

  • Securities Administrator Xxxxx Fargo Bank, N.A., or its successor in interest, or any successor securities administrator appointed as herein provided.

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

  • 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.

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • indenture trustee or “institutional trustee” means the Trustee.

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

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

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • Initial Trustee shall have the meaning defined in the preamble hereto.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.