Plan Trustee definition

Plan Trustee means the Person appointed pursuant to Article V of the Plan and the Plan Trust Agreement for the purpose of acting as Trustee of the Plan Trust in accordance with the terms and conditions contained in the Plan, the Plan Trust Agreement and the Confirmation Order.

Plan Trustee means any of the persons acting as trustee of the Plan Trust pursuant to Section 7.4 of the Plan.

Plan Trustee means the trustee and/or insurance company appointed by the Company to be the administrator of the Plan and custodian of the Plan's assets.

Examples of Plan Trustee in a sentence

• Service of legal process may be made upon a Plan Trustee or the Plan Administrator.

• The Plan Trustee may, with the consent and approval of the Trust Advisory Committee and the Futures Representative, reassign such Direct Action to such holder at any time.

• The Plan Trustee shall have the power to administer, amend, supplement or modify the TDP in accordance with the terms thereof.

• For purposes of performing his or her duties and fulfilling his or her obligations under the Plan Trust Agreement, the TDP and the Plan, the Plan Trustee shall be deemed to be a party in interest within the meaning of section 1109(b) of the Bankruptcy Code.

• The Plan Trustee, each member of the TAC, the Futures Representative and the Representatives of each of the foregoing will have a lien upon the Plan Trust Assets which will be prior to any lien thereon, and the Plan Trust will grant a security interest in the Plan Trust Assets, all proceeds thereof and all accounts into which such proceeds or the Plan Trust Assets are deposited or maintained to secure payment of amounts payable to them as compensation or indemnification.

More Definitions of Plan Trustee

Plan Trustee shall have the meaning ascribed thereto in the definition of “Beneficial Owner” herein;

Plan Trustee means, [ *** ], and for all other purposes, State Street Bank and Trust Company, each in their capacity as trustee for one or more trusts that hold Plan Assets and, in each case, any successor thereto.

Plan Trustee means Bank of New York Mellon, in its capacity as the directed trustee of the Plan Trust.

Plan Trustee means Person designated by the Creditors’ Committee in consultation with the Debtors for such position in the Plan Supplement or such other Person subsequently appointed as trustee for the Plan Trust in accordance with the Plan Trust Agreement.

Plan Trustee means a Plan Trustee appointed by NXT pursuant to the terms of an employee benefit plan trust agreement providing for contributions by NXT to a trust created thereunder for the purpose of purchasing Shares on the open market to be delivered to holders of Unit Awards pursuant to Section 5(c)(iii);

Plan Trustee means that person(s) or entity nominated and approved by the Board pursuant to Section 4.01 and 4.02 to hold legal title to the Plan assets for the purposes set forth herein.

Plan Trustee means State Street Bank and Trust Company.