Third Party Disbursing Agent definition

Third Party Disbursing Agent means an Entity designated by Reorganized Swift to act as a Disbursing Agent pursuant to Section VI.B.

Third Party Disbursing Agent means an entity or entities employed by the Reorganized Debtor in its sole discretion to act as Disbursing Agent. If the Reorganized Debtor elects to make distributions without a Third Party Disbursing Agent, then references under this Plan to the Third Party Disbursing Agent shall be deemed to be references to the Reorganized Debtor.

Third Party Disbursing Agent means an Entity designated by the Liquidation Trustee to act as a Disbursing Agent pursuant to Section V.B.

Examples of Third Party Disbursing Agent in a sentence

• The duties of any Third Party Disbursing Agent shall be set forth in the applicable agreement retaining such Third Party Disbursing Agent.

• These payments shall be made on terms agreed to with the Reorganized Debtors and shall not be deducted from Distributions to be made pursuant to the Plan to holders of Allowed Claims receiving Distributions from a Third Party Disbursing Agent.

• Each Third Party Disbursing Agent providing services related to Distributions pursuant to the Plan shall receive from the Reorganized Debtors, without further Bankruptcy Court approval, reasonable compensation for such services and reimbursement of reasonable out-of-pocket expenses incurred in connection with such services.

• These payments will be made on terms agreed to by the Liquidation Trustee and will not be deducted from distributions (including any distributions of Cash Investment Yield) to be made pursuant to the Plan to holders of Allowed Claims receiving distributions from a Third Party Disbursing Agent or the Indenture Trustee.

• The Third Party Disbursing Agents will invest the Cash in the Liquidation Accounts as directed by the Liquidation Trustee in accordance with the Debtors' investment and deposit guidelines; provided, however, that should the Liquidation Trustee determine, in the Liquidation Trustee's sole discretion, that the administrative costs associated with such investment will exceed the return on such investment, he may direct the Third Party Disbursing Agent to not invest such Cash.

More Definitions of Third Party Disbursing Agent

Third Party Disbursing Agent means an Entity engaged by Reorganized American Apparel in its capacity as Disbursing Agent or engaged by the Litigation Trustee to act as a Disbursing Agent pursuant to Section V.

Third Party Disbursing Agent means an entity designated by Reorganized Oglebay to act as a Disbursing Agent pursuant to Article VI.

Third Party Disbursing Agent means an entity designated by a Reorganized Debtor to act as a Disbursing Agent pursuant to Section VI.B of the Plan.

Third Party Disbursing Agent means any Entity designated by Plan Agent to act as a Disbursing Agent pursuant to Article VIB of this Plan.

Third Party Disbursing Agent means any entity designated by the Debtor or the Reorganized Debtor (other than the Combined Company or, if the Merger Agreement is terminated, Reorganized MK) to act as a Disbursing Agent pursuant to Section VII.B below.

Third Party Disbursing Agent means, as applicable, an entity designated by Reorganized KAC to act as a Disbursing Agent pursuant to the first sentence of Section 7.2 or, for the purpose of distributions to holders of Public Note Claims, the applicable Indenture Trustee.

Third Party Disbursing Agent means an entity, other than the Creditor Trust, designated by Reorganized NationsRent to act as a Disbursing Agent pursuant to Section VI.B.