Liquidation Manager definition

Liquidation Manager means the Person appointed pursuant to this Plan on the Confirmation Date who shall be responsible for implementation of this Plan.
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Liquidation Manager. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ “COMPANY” KAISER VENTURES, LLC
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Liquidation Manager means the individual appointed as the Liquidation Manager as appointed from time to time pursuant to Section 7.1.1.
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Examples of Liquidation Manager in a sentence

  • The Liquidation Manager has full power and authority to wind up the business and affairs of the Company.

  • The Liquidation Manager may consult with counsel and other professionals with respect to matters in their respective areas of expertise, and any advice of counsel or other professionals shall be full and complete authorization and protection in respect of any action taken or not taken by the Liquidation Manager.

  • Unless the Bankruptcy Court orders immediate removal for cause, the Liquidation Manager shall continue to serve until a successor Liquidation Manager is appointed, and such appointment becomes effective, in accordance with section 4.4 hereof.

  • The Liquidation Manager shall have all of the powers and rights necessary to file voluntary petitions under any chapter of the Bankruptcy Code on behalf of the Debtor’s subsidiaries as he deems necessary or advisable.

  • The successor Liquidation Manager without any further act, shall become vested with all the rights, powers, and duties of the Liquidation Manager; provided, however, that no Liquidation Manager shall be liable for the acts or omissions of any prior or later Liquidation Manager.

  • Except for the Holders of Allowed Claims, the Liquidation Manager and the Liquidation Manager Exculpated Parties nothing in this Agreement is intended to confer upon any Person or Entity any rights or remedies hereunder as third party beneficiaries or otherwise.

  • Except as otherwise specifically provided herein, after the termination of this Agreement pursuant to section this Section 5.1, the Liquidation Manager shall have no further duties or obligations hereunder.

  • Unless otherwise ordered by the Bankruptcy Court, the death, resignation, or removal of the Liquidation Manager for cause shall not operate to terminate any agency or employment created by this Agreement or invalidate any action theretofore taken by the Liquidation Manager.

  • After the Effective Date, the Liquidation Manager on behalf of the Debtor and the Estate shall file all objections to Claims prior to the Claims Objection Deadline and the Administrative Claims Objection Deadline, as applicable.

  • The Liquidation Manager may resign at any time upon thirty (30) days’ prior written notice to the Bankruptcy Court.


More Definitions of Liquidation Manager

Liquidation Manager means any Person selected by the Limited Partner to supervise and conduct the winding up and termination of the affairs and business of the Partnership.
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