Tort Claims Trustee definition

Tort Claims Trustee means the Garretson Firm Resolution Group, Inc., which will administer the Tort Claims Trust.
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Tort Claims Trustee means the Garretson Firm Resolution Group, Inc., who will administer the
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Tort Claims Trustee means the trustee, to be selected by Tronox, the representatives of certain Holders of Tort Claims and the Creditors’ Committee, who will administer the Tort Claims Trusts.
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Examples of Tort Claims Trustee in a sentence

  • The Tort Claims Trustee shall create four separate funds as described in the Plan.

  • For the avoidance of doubt, and without limiting the protection afforded by the Tort Claims Trust Agreement and/or these TDPs, the Tort Claims Trustee shall have the protection afforded by Section 5.6 of the Tort Claims Trust Agreement in relying on the information described in this Section 2.2(b).

  • The Tort Claims Trustee shall file, or cause to be filed, any other statements, returns or disclosures relating to the Tort Claims Trust that are required by any governmental unit or applicable law.

  • Upon a determination that a Trust Claim Form for a particular Category A Unaccounted-for Tort Claim is complete, the Tort Claims Trustee shall review the Claim pursuant to the individual review procedures set forth in Section 3.4 below.

  • Furthermore, no part of the Tort Claims Trust, or the proceeds, revenue or income therefrom shall be used or disposed of by the Tort Claims Trustee in furtherance of any business other than as contemplated herein or by the Plan.

  • The Tort Claims Trustee shall not release the portion of a payment that might be encumbered by a Healthcare Reimbursement Obligation (the “Healthcare Holdback Amount”) until proof of resolution and satisfaction of such Healthcare Reimbursement Obligation is provided to the Tort Claims Trustee in a form that the Tort Claims Trustee, in its sole discretion, deems acceptable.

  • Upon distribution of all of the assets of the Tort Claims Trust, or the proceeds thereof, the Tort Claims Trustee shall hold the books, records and files delivered to or created by the Tort Claims Trustee for a period of four years after the last distribution of assets from the Tort Claims Trust is made.

  • The Tort Claims Trustee shall seek the issuance and entry of any orders necessary to approve such accounting and discharge it from any and all liability for acting as Tort Claims Trustee under the Plan and this Tort Claims Trust Agreement.

  • Following any subsequent transfers of cash or other property to the Tort Claims Trust, the transferor (or the entity treated as the transferor for U.S. federal income tax purposes) shall provide, or cause to be provided, to the Tort Claims Trustee any reports or statements required under the QSF Regulations.

  • If the Tort Claims Trustee determines that the Holder’s Tort Claim qualifies as an Allowed Future Tort Claim, the Holder of the Future Tort Claim shall have the option of accepting the Scheduled Value (as hereinafter defined) for such Tort Claim (which amount shall be stated in the Determination Notice) or of proceeding with the dispute resolution procedures set forth in Section 3.3 below.


More Definitions of Tort Claims Trustee

Tort Claims Trustee means the Garretson Firm Resolution Group, Inc., whowhich will
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Tort Claims Trustee means the Garretson Firm Resolution Group, Inc., which will administerthe Tort Claims Trust.
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Related to Tort Claims Trustee

  • NIM Trustee The trustee for the NIM Securities.

  • Litigation Trustee means a Person to be determined by SFC and the Initial Consenting Noteholders prior to the Effective Time, with the consent of the Monitor, to serve as trustee of the Litigation Trust pursuant to and in accordance with the terms thereof.

  • Insurance Trustee means an entity authorized to carry on the business of a trust company under the laws of Alberta selected from time to time on resolution of the Board, whose duties include the receiving, holding and disbursing of proceeds of policies of insurance pursuant to these Bylaws and the Act. If no Insurance Trustee is appointed, then the Insurance Trustee shall be the Board;

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Securities Intermediary The meaning specified in Section 8-102(a)(14) of the UCC.

  • Collateral Trustee has the meaning set forth in the preamble.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • U.S. Trustee means the Office of the United States Trustee for the District of Delaware.

  • Trust Collateral Agent means such successor Person.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Subordination Agent Has the meaning specified in the Intercreditor Agreement.

  • Trustee means any person, including the founder of a trust, to whom property is bequeathed in order for such property to be administered for the benefit of another person.

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Deposit Account Control Agreement.

  • Securities Accounts (i) shall mean all “securities accounts” as defined in Article 8 of the UCC and (ii) shall include, without limitation, all of the accounts listed on Schedule 4.4(A) under the heading “Securities Accounts” (as such schedule may be amended or supplemented from time to time).

  • Litigation Trust means the trust to be established on the Plan Implementation Date at the time specified in section 6.4(p) in accordance with the Litigation Trust Agreement pursuant to the laws of a jurisdiction that is acceptable to SFC and the Initial Consenting Noteholders, which trust will acquire the Litigation Trust Claims and will be funded with the Litigation Funding Amount in accordance with the Plan and the Litigation Trust Agreement.

  • Canadian Trustee means the Person named as the “Canadian Trustee” in the first paragraph of this Indenture until a successor Canadian Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Canadian Trustee” shall mean or include each Person who is then a Canadian Trustee hereunder; provided, however, that if at any time there is more than one such Person, “Canadian Trustee” as used with respect to the Securities of any series shall mean only the Canadian Trustee with respect to Securities of that series.

  • indenture trustee or “institutional trustee” means the Trustee.

  • Commodity intermediary means a person that:

  • Collateral Agent as defined in the preamble hereto.

  • Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Administrative Agent or to any Secured Party as security for any Secured Obligations, and all rights to receive interest on said deposits.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.

  • Issuing Entity Request means a written order or request signed in the name of the Issuing Entity by any one of its Authorized Officers and delivered to the Indenture Trustee.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).