Liquidating Trusts definition

Liquidating Trusts means the EPC Liquidating Trust and the Bioenergy and Maple
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Liquidating Trusts means the C&B Liquidating Trust and the Charys Liquidating Trust.
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Liquidating Trusts means, together, the Class 2 Liquidating Trust and the Class 3 Liquidating Trust.
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Examples of Liquidating Trusts in a sentence

  • After the Effective Date, and only if the Plan Administrator determines that one or more Liquidating Trusts are in the best interests of one or more Debtors and holders of Allowed Claims against and Equity Interests in such Debtors, the Plan Administrator and a Liquidating Trustee shall execute a Liquidating Trust Agreement, and shall take all other necessary steps to establish a Liquidating Trust and Liquidating Trust Interests therein, which shall be for the benefit of Liquidating Trust Beneficiaries.

  • Xxxxx, Vice President TRUSTEE WILMINGTON TRUST COMPANY, not in its individual capacity but solely as trustee of each of the Liquidating Trusts By: ________________________________ Its: ________________________________ THE COMMONWEALTH OF MASSACHUSETTS ) )ss.

  • The wind-down, sale and liquidation of each such Debtor’s assets (as determined for federal income tax purposes) shall occur over a period of three years after the Effective Date (it being understood that such liquidation may include the transfer of all or part of the assets of such Debtor to one or more Liquidating Trusts within the meaning of Treas.

  • Segner, Jr. is the duly authorized representative of the PR Liquidating Trust (the “ Trustee”) and now has standing to assert, prosecute and settle any and all objections, 1 Please review the Frequently Asked Questions page of the PR Liquidating Trust's website (http://www.prliquidatingtrust.com/faq.html) for information before contacting the Trustee, the chairman of the Trust, or the Trust's professionals with questions about this objection.

  • The Liquidating Trustees may request an expedited determination of taxes of the applicable Liquidating Trust, including the applicable Unresolved Claims Reserve, or the applicable Debtor(s) under section 505(b) of the Bankruptcy Code for all returns filed for, or on behalf of, the applicable Liquidating Trust or the applicable Debtor(s) for all taxable periods through the dissolution of each of the Liquidating Trusts.

  • Performance Standard – Builder will make every reasonable effort to repair if reported prior to closing.

  • Table 13 – Engine pneumatic valves, 2016-2020 market shares Source: Reply to Request for Information 17, Annex EC RFI 17-001.

  • The Liquidating Trustees shall also file (or cause to be filed) any other statements, returns or disclosures relating to each of the Liquidating Trusts that are required by any governmental unit.

  • The Liquidating Trusts shall be established for the sole purpose of liquidating and distributing their assets in accordance with Treasury Regulation section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business.

  • The Liquidating Trusts shall consist of the Liquidating Trust Assets.


More Definitions of Liquidating Trusts

Liquidating Trusts means the liquidating trusts created under the Plan.
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Related to Liquidating Trusts

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

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

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • 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.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • Liquidating Agent has the meaning specified in Section 7.2(a).

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Managing entity means the managing agent or, if there is no managing agent, the time-share

  • 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.

  • Managing Member is defined in the recitals to this Agreement.

  • Liquidating Event has the meaning set forth in Section 13.1 hereof.

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • Trust Funds means, in the aggregate, all of the Funds and Accounts.

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

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

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

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Issuer Trust has the meaning specified in the first recital of this Indenture.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.