Common use of Efforts to Resolve Claims and Liabilities Clause in Contracts

Efforts to Resolve Claims and Liabilities. Subject to the terms and conditions of this Agreement, the Trustee will make appropriate efforts to resolve any contingent or unliquidated claims and outstanding contingent Liabilities for which the Trust may be responsible.

Appears in 2 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement (Remec Inc)

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Efforts to Resolve Claims and Liabilities. Subject to the terms and conditions of this Agreement, the Trustee will Trustees shall make appropriate efforts to resolve any contingent or unliquidated claims and outstanding contingent Liabilities for which the Trust or any Trust Subsidiary may be responsible, administer and dispose of the Trust Assets as contemplated by this Agreement, make timely distributions to the Beneficiaries, and not unduly prolong the duration of the Trust.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Crossroads Capital, Inc.)

Efforts to Resolve Claims and Liabilities. Subject to the terms and conditions of this Agreement, the Trustee Trustees will make appropriate efforts to resolve any contingent or unliquidated claims and outstanding contingent Liabilities for which the Trust may be responsible, dispose of the Trust Assets, make timely distributions and not unduly prolong the duration of the Trust.

Appears in 1 contract

Samples: Liquidating Trust Agreement (BPP Liquidating Trust)

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Efforts to Resolve Claims and Liabilities. Subject to the terms and conditions of this Agreement, the Trustee will make appropriate efforts to resolve any contingent or unliquidated claims and outstanding contingent Liabilities for which the Trust may be responsible, dispose of the Trust Assets and make timely distributions.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Trimaine Holdings Inc)

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