Liquidating Trust Assets definition

Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.
Liquidating Trust Assets means such assets or Interests as determined by the Debtors prior to the Effective Date, with the consent of the GenOn Steering Committee, such consent not to be unreasonably withheld, and, as applicable, in consultation with the Purchaser.
Liquidating Trust Assets means all of the Assets of the Liquidating Debtor as of the time of transfer of the Assets to the Liquidating Trust.

Examples of Liquidating Trust Assets in a sentence

  • Similarly, taxable loss of the Liquidating Trust shall be allocated by reference to the manner in which an economic loss would be borne immediately after a hypothetical liquidating distribution of the remaining Liquidating Trust Assets.

  • The Liquidating Trust Assets may be transferred subject to certain liabilities, as provided in the Plan or the Liquidating Trust Agreement.

  • On the Effective Date, the Debtors shall transfer all of the Liquidating Trust Assets to the Liquidating Trust.

  • Any indemnification claim of the Liquidating Trustee (and the other parties entitled to indemnification under this subsection) shall be satisfied solely from the Liquidating Trust Assets and shall be entitled to a priority distribution therefrom, ahead of the Liquidating Trust Interests and any other claim to or interest in such assets.

  • The password's length is more than 8 characters.2. Password must contain one upper, one lower, one digit and one number.3. After 90 days system will automatically ask for new password.4. Avoid reusing a password.5. Avoid using the same password for multiple accounts.6. Don’t use automatic log on functionality.7. Store passwords on a secure computer system.Please change Mail password from your web access as per policy.


More Definitions of Liquidating Trust Assets

Liquidating Trust Assets means the Retained Assets after they have been transferred or assigned to the Liquidating Trusts, and any proceeds and fruits thereof.
Liquidating Trust Assets means the assets held in the Liquidating Trust
Liquidating Trust Assets means: (a) the Liquidating Trust Cash Funding; (b) all Retained Causes of Action; and (c) all other assets of the Debtors or of the Estates existing on the Effective Date after giving effect to all distributions required to be made as of or prior to the Effective Date, including (i) all books, records, and files of the Debtors and of the Estates, in all forms, including electronic and hard copy and (ii) the Debtors’ rights under the Purchase Agreement and any ancillary agreements among the Debtors and the Buyer; provided, however, that, notwithstanding the foregoing, the Liquidating Trust Assets shall not include Cash held in the Professional Fee Escrow Account.
Liquidating Trust Assets means the rights of holders of Existing Stock as of the Existing Stock Record Date that satisfy the Existing Stock Settlement Conditions, if any, and the Royalty Agent under the Royalty Agreement, including as to any Royalty payments.
Liquidating Trust Assets means all assets of the Debtor, including, without limitation, (i) cash in the Debtor’s Bank Account on the Effective Date, (ii) the Debtor’s Equity Interests in Faith Bloom, (iii) all claims held by the Debtor against Faith Bloom and Faith Bloom’s subsidiaries, including the PRC Subsidiaries, (iv) the Debtor’s interest in the D&O Policies, if transferable, and the proceeds thereof, (v) all Claims and Causes of Action held by the Debtor and (vi) any other assets of the Debtor that are recovered by the Liquidating Trust and the proceeds thereof.
Liquidating Trust Assets means (i) all remaining assets of each of the Debtors which have not been abandoned prior to the Effective Date (including, without limitation, the Affiliate Receivables), (ii) all Cash owned by each of the Debtors on the Effective Date, other than Cash to fund the Administrative/Priority Claims Reserve Account and the Other Secured Claims Reserve Account, (iii) all assets recovered by the Liquidating Trustee on behalf of the Liquidating Trust on or after the Effective Date through enforcement, resolution, settlement, collection, return, or otherwise, (iv) all Causes of Action, other than Released Causes of Action, owned by the Debtors on the Effective Date, (v) any proceeds resulting from the Liquidating Trustee’s investment of the Liquidating Trust Assets on or after the Effective Date, (vi) immediately prior to the dissolution of the Debtors, any remaining portion of the Tail Fund, (vii) the Debtors’ books and records, including, without limitation, all documents, communications, and information of the Debtors, including, without limitation, such documents, communications and information protected by the attorney-client privilege, the work-product privilege, and any other applicable evidentiary privileges, and (viii) the Liquidating Trust Administrative Fund.
Liquidating Trust Assets means all of the property in the Liquidating Trust and under the custody or control of the Liquidating Trustee after the Effective Date.