Trust Assets definition

Trust Assets shall have the meaning specified in Section 2.01.
Trust Assets shall have the meaning set forth in Section 2.1 hereof.

Examples of Trust Assets in a sentence

  • Under no circumstances shall the Debtors or the Reorganized Debtors be required to contribute any of their respective assets to the Litigation Trust in other than the Litigation Trust Funding Amount and the Litigation Trust Assets.

  • Upon the transfer of the Litigation Trust Funding Amount and the Litigation Trust Assets, the Debtors or the Reorganized Debtors, as the case may be, shall have no interest in orwith respect to the Litigation Trust Funding Amount, the Litigation Trust Assets or the Litigation Trust.

  • The Debtors or the Reorganized Debtors shall transfer the Litigation Trust Assets to the Litigation Trust.

  • The Litigation Trust shall be established as a liquidating grantor trust for the purpose of liquidating and distributing the Litigation Trust Assets to the Litigation Trust Beneficiaries in accordance with this Plan and Treasury Regulation Section 301.7701-4(d), with no objective to continue or engage in the conduct of a trade or business.

  • All the parties and Litigation Trust Beneficiaries shall treat the transfers in trust as if all the transferred assets, including all the Litigation Trust Assets, had been first transferred to the Litigation Trust Beneficiaries and then transferred by the Litigation Trust Beneficiaries.


More Definitions of Trust Assets

Trust Assets has the meaning set forth in the Titling Trust Agreement.
Trust Assets has the meaning set forth in the SUBI Trust Agreement.
Trust Assets means the property and proceeds of every description conveyed from time to time pursuant to Section 2.01 and 2.04 of the Pooling Agreement, together with the Trust Accounts (including all investments therein and proceeds and income therefrom), but not including any of such property which has been released and reconveyed from the Trust in accordance with and pursuant to the Pooling Agreement.
Trust Assets has the meaning given to such term in the Trust Agreement.
Trust Assets means all the property held from time to time by the Trustee under this Agreement, which initially shall consist of the Retained Assets (excluding any liquidating distributions declared, but unpaid, having a record date prior to the Transfer Date), and in addition, shall thereafter include all dividends, distributions, rents, royalties, income, payments and recoveries of claims, proceeds and other receipts of, from, or attributable to any assets held by the Trust, less any of the foregoing utilized by the Trustee to pay expenses of the Trust, satisfy Liabilities or to make distributions to the Beneficiaries pursuant to the terms and conditions hereof.
Trust Assets shall have the meaning specified in Section 2.1.