Successor in Interest definition

Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.
Successor in Interest means any (i) trustee, custodian, receiver or other Person acting in any Bankruptcy or reorganization proceeding with respect to, (ii) assignee for the benefit of the creditors of, (iii) trustee or receiver, or current or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of, or (iv) other executor, administrator, committee, legal representative or other successor or assign of, any Member, whether by operation of law or otherwise.
Successor in Interest means the estate or beneficiary to whom the right to payment under the Plan shall have passed by will or the laws of descent and distribution.

Examples of Successor in Interest in a sentence

  • Notwithstanding anything to the contrary herein, the Class C Units shall not be Transferable, except to a transferring Class C Member’s Successor in Interest (as applicable) or pursuant to the Exchange Agreement.


More Definitions of Successor in Interest

Successor in Interest means the Participant’s executor or administrator, or such other person or entity to which the Participant’s rights under the Plan shall have passed by will or the laws of descent and distribution.
Successor in Interest means a Person or Party’s estate, legal representatives, heirs, successors or assigns, including successors or assigns that result from corporate mergers or other structural changes.
Successor in Interest means an Assignee, a successor of a Person by merger or otherwise by operation of law, or a transferee of all or substantially all of the business or assets of a Person.
Successor in Interest means the mental health hospital owned and operated by the state that provides acute inpatient care and replaces the Vermont State Hospital.
Successor in Interest or “Successor” shall mean: a Person’s estate, legal representatives, heirs, successors or assigns, and any other Person who can make a legal claim by or through such Person.
Successor in Interest means any party that has taken title to the Property.
Successor in Interest means any person who succeeds to rights granted under a permit, by transfer, assignment, or sale of those rights.