Trust Structure definition

Trust Structure means, if reasonably agreed upon by the Debtors and the Creditors' Committee, as set forth in Section 7.1 of the Plan, the reorganization structure pursuant to which the Debtors will transfer, on the Effective Date, all or substantially all of their assets to one or more newly formed trusts classified as liquidating trusts under section 301.7701-4 of the Procedure and Administration Regulations in exchange for the consideration to be provided to exchanging holders of Allowed Claims and Allowed Interests in accordance with the Plan, followed by the Debtors' distribution of such consideration to the exchanging holders in complete liquidation and pursuant to which the Reorganized Debtors will pursue the orderly run off of the leasing, ventures and European businesses, subject to the Restructuring Transactions.
View Source

Examples of Trust Structure in a sentence

  • No election by Danka to reactivate the United States Program - Trust Structure shall be effective prior to April 1, 2001.

  • The Agreed Trust Structure and disposition of assets thereunder shall be governed by terms satisfactory to the Consenting Lenders and the Consenting 2024 Noteholders and the Bradesco Parties, and as agreed as of the date hereof, among the Consenting Lenders and the Consenting 2024 Noteholders and the Bradesco Parties.

  • As such, corresponding amendments are proposed to be made to the Saizen REIT Trust Deed in relation to, inter alia (i) the payment of fees to Perpetual (Asia) Limited and (ii) the implementation of the Australian Trust Structure (together, the "Saizen REIT Trust Deed Amendments").

  • The Borrower has been in compliance at all times with the representation and warranty set forth in Section 2(a) of the Pricing Side Letter.

  • By way of clarification and not by way of limitation, Danka and GE Capital, on behalf of themselves and their respective Affiliates, agree that, except to the extent provided in subsection (f) below, neither GE Capital nor any of its Program Affiliates shall have any obligation to take any of the actions described in clause (i) of this subsection (e) pursuant to, or in connection with, the United States Program - Trust Structure from and after the date of this Agreement.

  • The Existing Partners shall indemnify, defend and hold harmless the Partnership and Strategic against any liability related to the assessment of transfer taxes associated with the Trust Structure.