Liquidating Trust Committee definition

Liquidating Trust Committee means those individuals appointed in accordance with the Liquidating Trust Agreement with the powers and responsibilities set forth in the Liquidating Trust Agreement.

Liquidating Trust Committee means the committee created hereunder and appointed by the Committee that shall provide oversight and direction to the Liquidating Trustee in accordance with the terms of the Liquidating Trust Agreement.

Liquidating Trust Committee means the committee selected by the Creditors’ Committee established on the Effective Date consisting of at least three (3) persons, all of who are or were members of the Creditors’ Committee.

Examples of Liquidating Trust Committee in a sentence

• In the event of a resignation, the resigning Trustee shall render to the Liquidating Trust Committee a full and complete accounting of monies and assets received, disbursed, and held during the term of office of that Trustee.

• Any professionals retained by the Trustee pursuant to this Agreement shall deliver their invoices or fee statements to the Trustee and the Liquidating Trust Committee before payment from the Trust Assets shall be allowed.

• The Trustee shall deliver his or her invoices or fee statements to the Liquidating Trust Committee before payment from the Assets shall be allowed.

• The Trustee may resign at any time by giving the Liquidating Trust Committee at least thirty (30) days’ written notice of the Trustee’s intention to do so.

• This Agreement may only be amended with the consent of each member of the Liquidating Trust Committee (which consent shall not be unreasonably withheld) or, in the absence of such agreement, by order of the Bankruptcy Court.

More Definitions of Liquidating Trust Committee

Liquidating Trust Committee means the Committee, composed of no more than five(5) current and former members of Sharity Ministries, Inc. and any designated governmental representative. The Members Committee shall serve as the initial Liquidating Trust Committee, in accordance with the Liquidating Trust Agreement. The Liquidating Trust Committee will oversee the activities of the Liquidating Trustee and Liquidating Trust Advisors to act in the best interest of the current and former Sharity Members.

Liquidating Trust Committee means the committee established as of the Effective Date and consisting of at least three initial members, to be selected by the Committee, all of whom are or were members of the Committee.

Liquidating Trust Committee means the oversight committee appointed as of the Effective Date of the Plan and comprised of no more than (2) two members of the Official Committee of Unsecured Creditors (the “Committee”) so willing to serve in such capacity, a representative of PNC or its designee, and a representative of Xxxxxxxxxx Xxxxxxx or its designee. The Liquidating Trust Committee should at all times be made up of at least three

Liquidating Trust Committee means the five (5) member committee along with three (3) ex officio members created hereunder and appointed by the Committee in consultation with the Debtors that shall provide oversight and direction to the Liquidating Trustee in accordance with the terms of the Liquidating Trust Agreement. The members and ex officio members of the Liquidating Trust Committee shall be the same members and ex officio members that currently constitute the Committee.

Liquidating Trust Committee means the committee, which shall consist of up to 4 members, created hereunder that shall oversee the Liquidating Trustee under the Liquidating Trust Agreement.

Liquidating Trust Committee means the oversight committee appointed as of the Effective Date of the Plan and comprised of members of the Official Committee of Unsecured Creditors (the “Committee”) so willing to serve in such capacity. TheLiquidating Trust Committee should at all times be made up of at least three (3) members.

Liquidating Trust Committee means the oversight committee