Liquidation Trustee definition

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 Trustee means the person or firm to be appointed by the Committee and the Requisite Lenders, and who is reasonably acceptable to the Plan Debtors, to manage the Liquidation Trust pursuant to Article XI.D of the Plan and the Liquidation Trust Agreement.

Liquidation Trustee means the person or firm to be appointed to manage the Liquidation Trust pursuant to Section 9.4 of the Plan and the Liquidation Trust Agreement.

Examples of Liquidation Trustee in a sentence

• Article VII(A)(2) of the Plan authorizes the Liquidation Trustee, “[e]xcept as otherwise specifically provided in the Plan or the [Trust Agreement]”, to, inter alia, “with respect to all Claims in Class 3 [Allowed Other Secured Claims], 4 [Allowed Johnson Creditor Claims – exclusive standing], 5 [Allowed Channelview Creditor Claims – exclusive standing], 6 [Allowed Geismar VI Creditor Claims – exclusive standing], and 7 [Allowed General Unsecured Claims– exclusive standing]], .

• The Liquidation Trustee has since retained Omni’s continued services.WHEREAS, Class 4 of the Plan is comprised of the “Allowed Johnson Creditor Claims”, the claims7 against KPE of “those certain Holders of Claims .

• Objections to any Claim for Accrued Professional Compensation must be filed and served on the Liquidation Trustee and the requesting party no later than 90 days after the Effective Date.

• The Liquidation Trust shall be governed by the Liquidation Trust Agreement and administered by the Liquidation Trustee.

• No successor Liquidation Trustee shall in any event have any liability or responsibility for the acts or omissions of any of his or her predecessors.

More Definitions of Liquidation Trustee

Liquidation Trustee means the person vested with the authority under the Liquidation Trust to administer the Liquidation Trust, as further described in Section 6.3(b) of this Plan.

Liquidation Trustee means the Person designated by the Committee, after consultation with BP, in the Plan Supplement and approved by the Bankruptcy Court pursuant to the Confirmation Order to serve as the liquidation trustee.

Liquidation Trustee means E. Lynn Schoenmann, solely in her capacity as Liquidation Trustee of the Liquidation Trust pursuant to the terms and conditions of this Combined Disclosure Statement and Plan and the Liquidation Trust Agreement.

Liquidation Trustee means the Person and any successor thereto, which shall be appointed as the trustee of the Liquidation Trust (or any successor trust) in accordance with the Confirmation Order and Plan.

Liquidation Trustee means the person or entity who shall become trustee of the

Liquidation Trustee means the Person selected by the Committee and appointed to administer the Liquidation Trust, with such rights, duties, and obligations as set forth herein and in the Liquidation Trust Agreement.

Liquidation Trustee means that Person selected by the Committee to serve as the trustee of the Liquidation Trust or any of his, hers, or its successors.