Interim Financial Advisor definition

Interim Financial Advisor means Xxxxx X. Gentle, III, Esq., who will continue to serve in such capacity under the supervision of the Finance Committee consistent with the Order of the District Court appointing the Finance Committee until the appointment of the Financial Advisor. Upon the appointment by the Finance Committee and the approval of the District Court of the Financial Advisor, the Interim Financial Advisor shall cooperate with the Financial Advisor to provide a smooth and orderly transition of all of his duties to the Financial Advisor. This transition shall include the relinquishment of all of his duties in connection with the investment and management of the funds including, without limitation, coordination of the Investment Managers, advice and the amendment of the investment management contracts, as soon as practicable, to reflect the Financial Advisor as a signatory party in place of the Interim Financial Advisor. The transition shall also include the transfer of all trust tax records and, to the extent necessary as requested by the Financial Advisor, cooperation in the filing of the trust tax returns and the payment of trust taxes. This transition period shall be completed no later than 90 days from the date of the District Court Order approving the appointment of the Financial Advisor. Upon receipt of the first Direction after the receipt of the District Court Order appointing the Financial Advisor, the Trustee shall no longer be authorized to take any Directions from the Interim Financial Advisor.
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Examples of Interim Financial Advisor in a sentence

  • The Trustee shall cooperate with Dow Corning, the Finance Committee, the Interim Financial Advisor, the Financial Advisor, the Tort Committee and/or the Claimants’ Advisory Committee in preparation of periodic financial statements and reports as set forth in Annex B-Part I prior to termination of the Escrow Account under Section 6.08.

  • The Trustee may subcontract for services it is required to provide hereunder, provided that if any such subcontractor is not an affiliate (at least 80% owned or co- owned) of the Trustee, such subcontract shall be subject to the prior approval of the Interim Financial Advisor or the Financial Advisor, if appointed, during the operation of Article VI or the Finance Committee during the operation of Article V.

  • The Trustee may also consult with the agents, accountants, auditors and other professionals retained by the Interim Financial Advisor, the Financial Advisor or the Finance Committee, as appropriate.

  • The Trustee, upon receipt of an Escrow Account Trustee Direction or a Trustee Direction, shall timely file or shall cooperate with the Interim Financial Advisor or the Financial Advisor in connection with preparation for and the filing of such income tax and other returns and statements as are required to comply with applicable provisions of the Internal Revenue Code and the Treasury Regulations promulgated thereunder, and of any applicable state law and the regulations promulgated thereunder.

  • Prior to the Effective Date, the Interim Financial Advisor or Financial Advisor, if appointed, shall deliver one or more Escrow Account Trustee Directions identifying the Investment Manager or Managers, authorized to give investment directions for a particular sub-account, which Investment Managers shall be selected from those Investment Managers identified on Exhibit D.

  • The Interim Financial Advisor or the Financial Advisor is hereby directed to enter into an Investment Management Agreement with each such Investment Manager substantially similar to the contract dated July 9, 2001 between the Interim Financial Advisor and Blackrock, as amended, Exhibit E.

  • The Financial Advisor is hereby directed to enter into an Investment Management Agreement with each such Investment Manager substantially similar to the contract dated July 9, 2001 between the Interim Financial Advisor and Blackrock, as amended Exhibit E).

  • The Interim Financial Advisor or the Financial Advisor, if appointed, shall cause each Investment Manager to deliver a copy of each Escrow Account Trustee Direction to the Trustee by facsimile transmission (receipt confirmed by telephone with the Trustee) as soon as execution of each trade is confirmed by an Investment Manager but no later than 4:00 p.m. (CST) on the business day before the settlement of the trade.

  • The Interim Financial Advisor or the Financial Advisor, if appointed, shall coordinate investment advice and instructions for all of the sub-accounts of the Escrow Account between the Investment Managers and the Trustee and shall perform the duties of a financial advisor that are necessary and appropriate during the operation of Article VI.

  • If a conflict of interest exists between the Trustee and the Interim Financial Advisor, the Financial Advisor or the Finance Committee or the professionals retained by either of them, the Trustee may retain its own professionals with the prior approval of the Financial Advisor or the Finance Committee as appropriate (which approval shall not be unreasonably withheld).

Related to Interim Financial Advisor

  • Company Financial Advisor has the meaning set forth in Section 3.10.

  • Financial Advisor has the meaning set forth in Section 3.6.

  • Financial Advisors has the meaning set forth in Section 4.26.

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant to Persons engaged in Similar Businesses of nationally recognized standing that is, in the good faith judgment of the Issuer, qualified to perform the task for which it has been engaged.

  • Financial Adviser means any:

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Independent Financial Consultant means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the District, who, or each of whom:

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.

  • Interim Financials has the meaning set forth in Section 2.5(a).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Fairness Opinion has the meaning set forth in Section 4.22.

  • Goldman means Xxxxxxx, Sachs & Co.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Buyer Financial Statements has the meaning set forth in Section 4.7.

  • Parent SEC Documents has the meaning set forth in Section 4.6(a).

  • Deloitte means Deloitte LLP;

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Fairness Opinions means, collectively, the opinion of the Financial Advisor and the opinion of the Independent Financial Advisor to the effect that, as of the date of such opinions, and subject to the assumptions, limitations and qualifications set forth therein, the Consideration to be received by the Company Shareholders (other than the Purchaser and/or its affiliates) pursuant to the Arrangement is fair, from a financial point of view, to the Company Shareholders (other than the Purchaser and/or its affiliates).

  • Seller Financial Statements has the meaning set forth in Section 3.5(a).

  • Investment Advisory Agreement means an agreement under which Company or a Company Subsidiary acts as an investment adviser or sub-adviser to, or manages any investment or trading account of, any Client.

  • Parent Disclosure Letter has the meaning set forth in Article IV.

  • Investment Advisory Services means (a) advice with respect to the desirability of investing in, purchasing or selling securities or other property, including the power to determine what securities or other property shall be purchased or sold, but not including furnishing only statistical and other factual information (such as economic factors and trends); and (b) the provision of financial, economic or investment management services, but only if ancillary and related to the advice referred to in clause (a) above.

  • Annual Financial Statements has the meaning set forth in Section 3.06.