Liquidation Trust definition

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 Trust means the trust, of which the Liquidation Trustee shall serve as trustee, formed pursuant to this Plan, the Liquidation Trust Agreement, and the Confirmation Order.
Liquidation Trust means the trust established under Section 5.4 and the Liquidation Trust Agreement.

Examples of Liquidation Trust in a sentence

  • The Liquidation Trust is obligated under the Plan to make a payment in the amount of $10 million on the Effective Date to the Post- Consummation Trust in satisfaction of the Diminution Claim.

  • A member of the Liquidation Trust Supervisory Board may resign following written notice to the Liquidation Trustee and the other members of the Liquidation Trust Supervisory Board.

  • The Post-Consummation Trust is obligated under the Plan to make the Committee Settlement Payment of $6 million to the Liquidation Trust.

  • The Liquidation Trustee shall cause any Liquidation Trust Entity to comply with this paragraph as regards any Entity Assets comprised of Cash.

  • A member of the Liquidation Trust Supervisory Board may only be removed by entry of a Bankruptcy Court order finding that cause exists to remove such member.


More Definitions of Liquidation Trust

Liquidation Trust means the trust, of which the Liquidation Trustee shall serve
Liquidation Trust means the trust created pursuant to the Liquidation
Liquidation Trust means that Liquidation Trust established pursuant to this Plan in which the Liquidation Trust Assets shall vest on the Effective Date.
Liquidation Trust means the trust established pursuant to Section 7.01 of the Plan and in accordance with the Liquidation Trust Agreement.
Liquidation Trust means the trust established under the Plan and the Liquidation Trust Agreement.
Liquidation Trust means the trust established on the Effective Date as described in Article IX of this Plan and in accordance with the Liquidation Trust Agreement.
Liquidation Trust means the trust established pursuant to Article IV.A to, among other things, hold the Liquidation Trust Assets and make distributions pursuant to the Plan.