Examples of Liquidation Agent Agreement in a sentence
Under the terms of the Security Deed, the Issuer has granted security in favour of the Trustee over the rights and interests of the Issuer relating to such class under the Facility Agreement, the Equity Contracts with SG, the relevant Pledge Agreement, the CMAA, any Liquidation Agent Agreement and the Collateral CustodianAgreement (the “Assigned Agreements”) and assigned to the Trustee by way of security all of the Issuer’s rights in relation to the Assigned Agreements (the “Secured Assets”).
The Facility Agreement, each Pledge Agreement, the CMAA, the Collateral CustodianAgreement, any Liquidation Agent Agreement and the Equity Contracts, to the extent applicable to each class of Short and Leveraged Equity Security, are all the subject of security granted by the Issuer in favour of the Trustee under the Security Deed.
Section 4.14 of the Liquidation Agent Agreement is hereby removed and replaced with the following:This Agreement may be amended from time to time by a written amendment duly executed and delivered by all parties hereto and, in respect of material amendments, satisfaction of the Rating Agency Condition for each Outstanding Series and Class of Notes.
The Indemnification obligations on FOL Liquidation Trust established under section 14.7 of the Plan shall include the reimbursement of the costs of defense (including attorneys' fees) and shall be paid as incurred by the indemnified party in accordance with the Liquidation Agent Agreement applicable to FOL Liquidation Trust.
In its capacity as the Administrator hereunder, and in furtherance of its obligations under Section 2.1, the Administrator hereby covenants and agrees to terminate the specified power of attorney of Rental ULC upon written notice to such effect from the Indenture Trustee pursuant to Section 2.8(b)(ii) of the Liquidation Agent Agreement.
Reemployment and promotional examination preference of persons laid off; voluntary demotions or reduction in time.
FOL Liquidation Trust shall make regular reports to the FOL Liquidation Trust Advisory Committee and carry out that committee's instructions with respect to the liquidation of the Non-Core Assets, objections to Claims (other than Class 4 Unsecured Claims and NWI Claims), and such other matters as may be set forth in the Liquidation Agent Agreement applicable to FOL Liquidation Trust.
The development would therefore be expected to result in environmental improvement relative to baseline conditions.
FOL Liquidation Trust shall liquidate the Non-Core Assets in accordance with the provisions of the applicable Liquidation Agent Agreement and shall distribute the FTL Liquidation Proceeds received by it to the Prepetition Secured Creditors and the Unsecured Creditors Trust and the 8 7/8% Notes Trustee as provided herein.
The indemnification obligations on FOL Liquidation Trust established by this Section shall include the reimbursement of the costs of defense (including attorneys' fees) and shall be paid as incurred by the indemnified party in accordance with the Liquidation Agent Agreement applicable to FOL Liquidation Trust.