Settlement Trustee definition

Settlement Trustee means the trustee of the Trust, who initially will be William L. Bettinelli, or such other Person the Survivors’ Committee selects and any successor trustee appointed pursuant to the terms of this Plan and the Trust Documents.‌

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Settlement Trustee means the initial trustee disclosed in a notice filed on the docket of these Chapter 11 Cases by February 18, 2022, or any successor trustee who may subsequently be appointed pursuant to the terms of the Settlement Trust Agreement.

Settlement Trustee means Administar Services Group, Inc., or any person subsequently appointed by the Court to serve as the Trustee of the Settlement Fund. The Settlement Trustee shall also undertake the duties and responsibilities of the administration of the Settlement in this Litigation, as set forth in this Consent Decree.

Examples of Settlement Trustee in a sentence

At Settlement, Trustee shall pay Agent from sale proceeds the amount due it pursuant to the Foreclosure Sale Agreement by and among Trustee, Agent, and Beneficiary.
By:_______________________________ Title Pension Benefit Guaranty Corporation By:_______________________________ Title American National Bank and Trust Company of Chicago, not personally but solely as Settlement Trustee By:_______________________________ Title Pichin Corp.
At Settlement, Trustee will execute and deliver to Successful Bidder a SPECIAL WARRANTY DEED conveying the Property.
Class Counsel and Defendants’ Counsel shall review each proposed budget and, within 14 days of submission, either approve the budget as submitted or notify the Settlement Trustee, Settlement Administrator, and opposing counsel of any issues with or objections to the proposed budget.
The Settlement Trustee may delegate the ministerial aspects of these duties to the Settlement Administrator and may engage professionals to prepare tax returns relating to the Cost Fund.

More Definitions of Settlement Trustee

Settlement Trustee means the trustee of the Settlement Trust. The Settlement Trustee also serves as the Claims Administrator, and any references to the Settlement Trustee shall be deemed to include the Claims Administrator acting in his capacity as the Settlement Trustee.

Settlement Trustee means the person appointed by the Committee to administer the Settlement Trust in accordance with the terms of the Settlement Trust Agreement, which person is Wayne Weitz of EisnerAmper.

Settlement Trustee means the individual acceptable to the Debtors who is appointed by the Bankruptcy Court to serve as trustee of the Settlement Trust pursuant to the terms of the Plan and the Settlement Trust Agreement or who may subsequently be appointed pursuant to the terms of the Settlement Trust Agreement. The initial Settlement Trustee shall be identified in the Plan Supplement.

Settlement Trustee means the independent directors or trustees selected by the Committee after consultation with KFI, in the manner and number to be set forth in the Plan, and approved by the Bankruptcy Court pursuant to the Confirmation Order. The trustees shall act as fiduciaries for all beneficiaries of the Settlement Trust. The initial trustees of the Settlement Trust shall be identified in the Plan or the Plan Supplement.

Settlement Trustee means the person selected to fill the role of trustee of the Settlement Trust in accordance with the Settlement Trust Agreement.

Settlement Trustee means a Person selected by Settlement Class Counsel to act on behalf of the Settlement Trust with respect to the Special Assets.

Settlement Trustee means Class Counsel and/or any other trustee authorized to oversee and administer the Settlement Trust Account, in each case, solely in its capacity as Settlement Trustee pursuant to the Stipulation.