Common use of Creditors’ Committee Clause in Contracts

Creditors’ Committee. (a) At the meeting under section 341(a) of this title, creditors that may vote for a trustee under section 702(a) of this title may elect a commit- tee of not fewer than three, and not more than eleven, creditors, each of whom holds an allow- able unsecured claim of a kind entitled to dis- tribution under section 726(a)(2) of this title.

Creditors’ Committee. (a) At the meeting under section 341(a) of this title, creditors that may vote for a trustee under section 702(a) of this title may elect a commit- tee com- mittee of not fewer than three, and not more than eleven, creditors, each of whom holds an allow- able allowable unsecured claim of a kind entitled to dis- tribution distribution under section 726(a)(2) of this title.